Latest Gold And Copper Exploration News

Sultan Resources has identified promising new gold and copper targets within its Lachlan Fold Belt tenements, setting the stage for an aggressive exploration campaign backed by recent capital raising.

Koonenberry Gold Limited (ASX – KNB) has revealed compelling surface geochemical results at its Prince of Wales Project in NSW, highlighting significant gold and copper anomalies that suggest untapped large-scale mineralisation potential.

Askari Metals has acquired full ownership of the advanced Nejo Gold Project in Ethiopia, positioning itself in a prolific gold-copper region with significant exploration upside. The company plans systematic drilling to validate historical high-grade results and fast-track a maiden JORC resource estimate.

Alkane Resources reports promising drilling outcomes at its Northern Molong Porphyry Project, highlighting extensions of gold-copper mineralisation at Boda-Kaiser and Driell Creek. The company outlines a robust exploration program with further geophysical surveys and drilling planned.

Adavale Resources has intensified exploration at its Parkes Gold and Copper Project, initiating a maiden drilling campaign at London Victoria Mine while expanding prospect assessments across multiple sites.

LCL Resources has extended the known gold-copper porphyry mineralisation at its Dada project in Papua New Guinea through new trenching and pit sampling, revealing promising grades and open-ended potential.

Hawk Resources has identified a significant 1.1-kilometre gold soil anomaly extending from the historic Cactus copper-gold mine in Utah, with assays up to 1.24g/t. This discovery, supported by strong multi-element associations, sets the stage for a targeted drilling campaign later this year.

Olympio Metals has raised $1.6 million through a share placement and director subscription to fund ongoing drilling at its promising Bousquet Gold Project and nearby Dufay Copper-Gold Project in Quebec, Canada.

Lightning Minerals has inked a binding deal to acquire Lotus Minerals, gaining advanced gold and copper projects in Queensland and New South Wales, with drilling set to commence within eight weeks. This strategic move diversifies its portfolio and taps into buoyant commodity markets.

LinQ Minerals Limited has filed a Replacement Prospectus for its IPO to raise up to $10 million, anchored by its 100%-owned Gilmore Project in NSW with a substantial 2024 Mineral Resource Estimate. The company aims to advance exploration and development of this significant gold-copper asset in a tier-1 jurisdiction.

Constellation Resources has identified a significant gold-copper soil anomaly named Chatham at its Ularring Project in Western Australia, shifting exploration focus to this promising new target.

Novo Resources Corp has significantly enhanced its exploration portfolio with new farm-in agreements and a joint venture with Northern Star Resources, targeting standalone gold and copper projects with over 1 million ounces potential.