Latest Base Metals Exploration News

Kali Metals Limited has successfully raised approximately A$7 million through a Tranche 1 Placement, issuing over 38 million new shares at 18 cents each. This capital injection marks a significant step in the company’s funding strategy.

Peel Mining has agreed to sell its South Cobar Copper Project to Aeris Resources in a $214 million transaction, while spinning off its remaining assets into a new ASX-listed company, NewCo. The deal offers Peel shareholders immediate value and ongoing exposure to a diversified metals portfolio.

Critical Resources Limited has successfully completed the first tranche of its capital raising, securing $1.605 million through a substantial share and option issuance. The company now awaits shareholder approval for the second tranche, which involves director participation.

TechGen Metals has acquired 100% of the Mt Boggola East copper-gold-silver project in Western Australia, adding a key tenement adjacent to its existing holdings. Historic drilling highlights significant high-grade copper mineralisation, setting the stage for imminent exploration.

Westar Resources outlines ambitious 2026 exploration plans across Western Australia and the Northern Territory, focusing on gold and base metals with new drilling and sampling programs.

Castile Resources has raised A$8.4 million through a share placement to accelerate its Rover 1 project, aiming to complete a Bankable Feasibility Study by mid-2026 and begin new exploration drilling.

Litchfield Minerals has confirmed thick, continuous copper and zinc mineralisation at its Oonagalabi Project, with standout drill results reinforcing the system's scale and potential. The company plans further drilling and geophysical work to target higher-grade zones and expand the mineralised footprint.

North Stawell Minerals has announced key leadership changes, with Campbell Olsen stepping up as Non-Executive Chairman and Bill Reid joining as an Executive Director amid a critical growth phase.

Tempest Minerals advances its exploration portfolio with a binding $4.5 million sale of the Yalgoo Project to Capricorn Metals and reports encouraging gold intercepts at its Range Project.

Ausmon Resources advances its rare earth elements exploration in South Australia’s Limestone Coast, unveiling promising drilling results and plans for detailed grid drilling in 2026. Concurrently, the company pursues base metals and gold prospects in New South Wales and Queensland.

Tyranna Resources has withdrawn certain visual mineralisation estimates from its recent quarterly report, citing non-compliance with ASX reporting standards and urging investors to disregard these figures.

Raptor Metals Ltd has completed its takeover of Raptor Resources Limited, marking a strategic pivot to copper exploration in Canada’s Bathurst Mining Camp, backed by a fresh A$5 million capital raise.