Latest Base And Precious Metals News

Midas Minerals has agreed to acquire the Otavi Copper Project from Nexa Resources, unlocking significant high-grade copper, silver, and gold potential in a well-established African mining jurisdiction.

Taruga Minerals has reported its highest silver assay to date from the Thowagee Project in Western Australia, alongside significant lead and zinc results that extend the known mineralised strike by 200 metres northeast.

Verity Resources has launched a targeted aircore drilling campaign at its Monument Gold Project in Western Australia, aiming to upgrade and expand its existing gold resource. The program focuses on three promising prospects within a prolific gold district.

Taruga Minerals has exercised its option to acquire 100% of the Thowagee Project in Western Australia's northern Gascoyne province, revealing promising high-grade assays of lead, silver, zinc, copper, and gold. This acquisition significantly expands Taruga's contiguous landholding, positioning the company for further exploration success.

Midas Minerals has identified multiple drill-ready gold targets at its Newington Project in Western Australia, with drilling planned for the September quarter pending approvals. Meanwhile, exploration continues at the Challa Project as assay results are awaited.

Alchemy Resources reported significant progress at its Karonie Gold-Lithium Project with JOGMEC completing its $600,000 farm-in commitment and over 4,000 soil samples analyzed, identifying 12 priority targets for follow-up. Meanwhile, strong copper and gold assays at Lachlan’s Yellow Mountain prospect and regained Bryah Basin control underscore a busy quarter.

Peako Limited reports a quiet quarter in East Kimberley exploration due to seasonal conditions but successfully completes a significant capital raise, bolstering its cash position to nearly A$2 million.

Cobalt Blue Holdings Limited announces a strategic pivot with a proposed rebranding to Core Blue Minerals Limited and an Earn-in agreement for the Halls Creek Project, marking its diversification beyond cobalt into copper and other base metals.

Cobalt Blue Holdings Limited is set to rebrand as Core Blue Minerals Limited, reflecting its strategic shift to diversify beyond cobalt into copper and other base metals through a new Earn-in agreement for the Halls Creek Project.

Lincoln Minerals has uncovered significant copper and base metals mineralisation in previously overlooked footwall sequences at its Minbrie prospect on South Australia's Eyre Peninsula, prompting a focused two-phase exploration program.

Corazon Mining has completed a comprehensive VTEM™ geophysical survey over its MacBride Base and Precious Metals Project in Canada, revealing multiple conductive anomalies that could signal new massive sulphide deposits. The company is now prioritising drill targets with plans to commence drilling in late Q1 2025.

DGR Global Limited's December 2024 quarterly report reveals active exploration progress, ongoing legal disputes over Armour Energy, and strategic financing initiatives aimed at sustaining growth.