Latest Base Metals Exploration News

Dalaroo Metals has moved from a Western Australian base-metals explorer into a three-country gold and critical-minerals play, but its next phase depends on drilling success and continued access to capital. The annual report records a $2.63 million loss, $509,442 in year-end cash and a material uncertainty over going concern.

Talonx Resources has identified copper and broader base-metal exploration potential across its 1,000km² Kihabe Project in Botswana, supported by historical copper intersections and established zinc-lead-silver resources. The immediate task is to turn an exploration thesis into drill-ready targets, with no new drilling or copper resource reported in the announcement.

Raptor Metals has launched a multi-element assay program on archived drill core at its Chester Project, aiming to unlock the polymetallic potential of its existing copper resource in Canada’s Bathurst Mining Camp.

Dundas Minerals (ASX:DUN) posted a $5.05 million net loss for FY2026 while advancing its Western Australian gold projects and refreshing its leadership team.

Kingfisher Mining’s maiden reverse circulation drilling at Stephens Trig confirms substantial high-grade silver, lead, and zinc mineralisation, reinforcing the prospect’s potential within its Broken Hill portfolio.

Azzuro Resources has locked in high-grade copper-gold zones at its Red Hill project in Mongolia, extending mineralisation over 550 metres of strike and 150 metres depth with new zones identified and Phase 2 drilling underway.

Green & Gold Minerals posted a $886,828 loss for FY2026 amid a transformative year marked by its ASX listing and expansion into base metals exploration with the Herberton acquisition.

Regener8 Resources has identified significant high-grade silver, zinc, lead, and antimony mineralisation at its newly acquired Srebrenica North Project in Bosnia, with historical and recent sampling underscoring exploration potential.

Godolphin Resources intensifies exploration at Mt Aubrey and Copper Hill East, leveraging a streamlined portfolio and a strategic pivot to precious and base metals in NSW’s Lachlan Fold Belt.

Ausmon Resources has kicked off soil sampling over a 341 km2 tenement near Broken Hill, targeting base metals along key shear zones with initial pXRF screening guiding laboratory assays.

Godolphin Resources has unveiled a significant polymetallic sulphide discovery at Cousin Jack within its Lewis Ponds Project, alongside progressing an IPO to spin out its Narraburra Rare Earths asset into Matrix Critical Minerals.

Variscan Mines has completed the second tranche of its $5 million placement, issuing over 1 billion shares at $0.004 each, with strong director participation and shareholder approval for options and a name change to Altoro Metals.