Latest Base And Precious Metals News

Parabellum Resources has completed Phase 3 drilling at its Miandetta prospect, confirming continuous near-surface nickel and cobalt mineralisation. The company is advancing exploration while actively seeking new precious and base metal projects.

Peel Mining has initiated a 9-hole drilling program at its Southern Nights Complex in NSW, targeting expansion of its significant silver-rich polymetallic resource. The campaign aims to unlock new high-grade zones and enhance geological insights within the South Cobar Project.

Oceana Metals has completed trenching at its Solonópole lithium project in Brazil with assay results pending, while conducting technical reviews of its Australian base and precious metals projects.

Belararox Limited has completed its inaugural diamond drill hole at Toro Central within the TMT Project in Argentina, intersecting extensive sulphide mineralisation and confirming a key geophysical target. A second drill hole is underway, aiming to extend promising silver, copper, and zinc mineralisation identified in historic drilling.

Alvo Minerals has confirmed significant copper, zinc, silver, and gold mineralisation at its Touro Prospect within the Palma Project in Brazil, with drilling underway to test deeper targets. This discovery bolsters the potential of Palma as a major VMS district.

Alara Resources' joint venture in Oman is under legal scrutiny as local residents seek to halt operations and challenge project licences. The company disputes the claims and continues production while monitoring developments.

Aeris Resources has received critical development consent from NSW authorities for its Constellation Project, paving the way for near-term production growth. The project boasts a substantial ore reserve with promising copper, gold, and silver grades.

Ballymore Resources has initiated drilling at the Maniopota polymetallic target in North Queensland, complementing ongoing diamond drilling at the nearby Torpy’s prospect. Early indications suggest significant potential for lead, zinc, copper, silver, and gold mineralisation within a major hydrothermal skarn system.

Boab Metals has exercised its option to acquire 100% ownership of the Sorby Hills Silver-Lead Project, fully funding the venture and targeting first production in the second half of 2027.

Boab Metals has approved the Final Investment Decision for its Sorby Hills Silver-Lead Project, fully funding construction and targeting first production in the second half of 2027.

Alara Resources and partners have completed their maiden drilling program at Oman’s Block 8, revealing encouraging copper and zinc mineralisation consistent with Volcanogenic Massive Sulphide deposits. The results validate the geological model and set the stage for further exploration.

Yugo Metals Limited has secured a dual listing on Germany’s Frankfurt and Dusseldorf Stock Exchanges, enhancing its access to European investors, while initial drilling at its Sinjakovo Project in Bosnia-Herzegovina reveals encouraging silver-lead-zinc mineralisation.