Latest Base Metals Exploration News

Lithium Energy Limited has identified a potential porphyry copper-molybdenum system at its Bajool Prospect in Queensland, supported by advanced geophysical surveys and backed by government funding. The company is poised to commence drilling to validate this significant discovery within the Capricorn Gold-Copper Belt Project.

Alchemy Resources’ recent Induced Polarisation survey at the Yellow Mountain Copper Project in NSW has revealed two significant new drill targets, expanding the project’s mineralised footprint and reducing exploration risk.

Red Metal Limited reports significant technical progress in rare earth processing at its Sybella project alongside advancing gold and copper exploration across multiple Australian sites. The company’s strategic stake in Maronan Metals gains momentum amid rising metal prices.

Flynn Gold Limited has reported promising high-grade gold results from its Golden Ridge Project in Tasmania, alongside a successful $5 million capital raise to accelerate exploration efforts in 2026.

Venus Metals Corporation has announced a significant JORC 2012 compliant Exploration Target for zinc and indium at its Youanmi Base Metals Project, with plans for extensive drilling in 2026 to advance the project.

Cosmo Metals has identified two promising volcanic massive sulphide targets within the Mt Everest – Mona corridor at its Bingara Project, setting the stage for the first drilling campaign in this historically underexplored VMS belt.

Red Hill Minerals has completed its inaugural diamond drilling campaign at the Broken Hill Project, revealing extensive lead-zinc-silver mineralisation, particularly at the Dementus Target, underscoring the project's Tier 1 potential.

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.

Midas Minerals has identified several new high-priority copper drill targets at its Otavi Copper Project in Namibia, following extensive geochemical sampling. Initial drilling plans are underway as diamond drilling continues at the high-grade T-13 deposit.

Litchfield Minerals has completed its first field reconnaissance at the Silver Valley Project, revealing well-developed quartz reefs and visible sulphide mineralisation. The company is set to launch a geophysical survey to pinpoint drill targets for 2026.

Litchfield Minerals has launched an Induced Polarisation survey to uncover concealed extensions of the Oonagalabi Formation, aiming to expand its mineral footprint southward and along key magnetic structures.

Litchfield Minerals has commenced its maiden diamond drilling campaign at the Oonagalabi Project, targeting two key intrusive-related zones that could unlock a major copper-zinc-gold mineral system.