Latest Base Metals And Gold News

Pacific Resources (ASX: PXR) has secured 100% ownership of the Snowstorm Gold Project, a high-grade asset in Victoria’s Eastern Goldfields, while progressing due diligence on a strategic Victorian portfolio and reporting encouraging assay results from its Tasmanian projects.

American West Metals is progressing its Storm Copper Project towards near-term production while expanding critical metals resources at West Desert, supported by a US$40 million financing and offtake deal.

Duketon Mining has delivered promising results from its maiden 6,000m drill program at Barlee, secured the Killarney Gold Project, and reported a combined nickel resource exceeding 102,000 tonnes across Rosie and C2 deposits.

Pacific Resources has completed its $400,000 acquisition of the Snowstorm Gold Project, gaining 100% ownership of the high-grade asset in Victoria’s Eastern Goldfields and expanding its regional footprint.

Advance Metals has reported its strongest combined silver-gold-copper interval to date at the Gavilanes Project in Mexico, alongside multiple high-grade silver zones. The mineralised system remains open at depth and along strike, underpinning plans for a JORC resource upgrade in late 2026.

G11 Resources has confirmed a significant 90m zone of hydrothermal alteration at its Zig Zag target in Tasmania, with further drilling and surveys underway to test the open-ended geophysical anomaly.

Advance Metals Limited’s first diamond drill hole at the Gavilanes Project in Mexico has intersected a substantial high-grade silver zone, reinforcing plans for a JORC resource upgrade later in 2026 amid ongoing drilling.

Australian Gold and Copper Ltd (ASX: AGC) is set to expand its NSW footprint by acquiring the Junee Gold Project for $5.4 million in shares, supported by a concurrent $5 million placement to accelerate exploration.

Advance Metals has reported a substantial silver intercept in its maiden diamond drill hole at the Gavilanes Project in Mexico, underlining the potential to upgrade its resource estimate later this year.

Australian Gold and Copper Ltd (ASX: AGC) has secured the Junee Gold Project in NSW through a $5.4 million share deal, adding seven drill-ready gold targets and raising $5 million to accelerate exploration.

Miramar Resources has kicked off auger drilling at its Chain Pool Project in Western Australia, targeting high-grade copper-lead-silver mineralisation at the historically significant Joy Helen prospect. The program aims to define the extent of SEDEX-style mineralisation over a 300m strike with potential for extensions and parallel zones.

GreenTech Metals has raised $7.5 million through an oversubscribed placement to accelerate exploration and development at its Munni Munni and Whundo projects in Western Australia's West Pilbara.