Latest Cosmo Metals (ASX:CMO) News

Cosmo Metals has contracted Durock Drilling for up to 2,200 metres of maiden reverse-circulation drilling at the Mona prospect in New South Wales. The campaign will test whether exceptional copper, gold and silver grades from historic mine dumps reflect mineralisation continuing beneath the old workings.

Cosmo Metals has secured approval for up to 2,200 metres of maiden drilling at the Mona copper-gold-silver prospect in New South Wales. The campaign will test whether striking grades from historic mine dumps reflect concealed sulphide mineralisation below the old workings.

Cosmo Metals has secured the Carters Road exploration licence in New South Wales after reconnaissance work returned 4.69% copper and 5.78g/t silver from a single selective rock-chip sample. The result offers an early exploration lead, but does not establish continuity, scale or economic significance.

Cosmo Metals has secured a new exploration licence in New South Wales after reconnaissance work found copper-bearing outcrop and a selective rock chip sample grading 4.69% copper. The result is an early exploration signal, not evidence of a defined deposit, with mapping and further sampling still to come.

Cosmo Metals has raised $1.25 million through a discounted placement, setting the stage for maiden drilling at its high-grade Mona VMS copper-gold-silver prospect in northern NSW’s Bingara Project.

Cosmo Metals has initiated a systematic soil sampling campaign at its Plunkett & Cassidy antimony prospect within the extensive Antimony Gully Trend at Bingara, NSW, following rock chip assays up to 10.3% antimony. The program aims to delineate mineralised strike extensions and prioritise drill targets in a region hosting Larvotto Resources’ Hillgrove deposit.

Cosmo Metals has reported broad gold mineralisation at its Kanowna Gold Project, with new diamond drilling revealing continuous mineralised zones down dip, highlighting a large, underexplored system along the Kanowna Shear.

Cosmo Metals has reported promising assay results from diamond drilling at its Kanowna Gold Project, revealing a broad 14m mineralised zone at Laguna Verde and reinforcing continuity of gold mineralisation. Additional drilling at Don Alvaro suggests structural complexity along the Kanowna Shear, supporting further exploration.

Cosmo Metals has delineated extensive antimony mineralisation along an 8km corridor at its Bingara Project in NSW, with surface samples hitting up to 10.3% Sb at the Plunkett & Cassidy prospect. The findings highlight significant exploration potential near a world-class antimony-gold deposit.

Cosmo Metals has reported encouraging initial assay results from its Kanowna Gold Project near Kalgoorlie, including a standout 2m intercept at 3.72 g/t Au at Don Alvaro. The drilling confirms extensions of mineralisation along the Kanowna Shear Zone, with further assays pending.

A handful of extreme moves set the tone, from DXN’s explosive AI data centre rerating to steep sell-offs in small-cap explorers. Deals, funding and fresh drilling results drove the week, but several gap-ups lost steam as traders banked profits.

Exploration wins and funding deals kept the materials sector busy, but price action was uneven. Big winners came from fresh drill results and new targets, while several stocks gave back early gains after trading resumed.