Latest Base Metals Exploration News

Mammoth Minerals has identified a major new 5.5km by 4.2km intrusive complex at its Excelsior Gold Project in Nevada, drawing parallels to the prolific 4.2Moz Goldfield Caldera. Concurrent surveys at its Skyline Project in Canada bolster its base metals exploration pipeline, while plans for a strategic spinout are underway.

Lodestar Minerals has kicked off its first-ever exploration program at the Virgin Mountain Rare Earth Project in Arizona, targeting historically promising heavy and light rare earth elements amid shifting global supply dynamics.

Alvo Minerals’ latest drilling at the Touro Prospect within its Palma Copper-Zinc Project confirms extended copper and zinc mineralisation, hinting at a potentially large volcanogenic massive sulphide system. Assay results are pending, with further drilling planned to test deeper targets.

Tali Resources has reported initial reverse circulation drilling results from its West Arunta Project, revealing promising nickel and copper anomalies at the Chilka and Lonar prospects that warrant further exploration.

Litchfield Minerals has unveiled compelling new geophysical data from its first phase IP survey, revealing multiple extensive sulphide mineralisation targets within the Oonagalabi system. The findings suggest a large, vertically extensive intrusive-related mineral corridor ripe for further exploration.

Middle Island Resources has identified significant lead and zinc soil anomalies at the Tisovik target within its Bobija Project in Serbia, highlighting promising exploration potential in a historically mined area. Assay results reveal high-grade mineralisation footprints extending over 1.5km, setting the stage for further investigation.

Alvo Minerals reports promising trenching results at its Touro Prospect within the Palma Copper-Zinc Project, revealing significant surface mineralisation consistent with VMS deposits and prompting immediate drilling plans.

Marimaca Copper Corp. reports a robust working capital position supported by recent capital raises, while managing a complex receivable linked to a liquidation process. The company remains well-positioned to fund operations over the next year but faces uncertainties beyond that horizon.

Celsius Resources has raised £0.53 million through a share placement on AIM, providing essential working capital as it progresses feasibility studies and financing for its MCB Project.

Mount Hope Mining has completed Phase 1 drilling at its Mt Solitary gold target with promising results and is set to begin Phase 2 drilling, while advancing a broader portfolio of base metal prospects and regional land acquisitions in the prolific Cobar Basin.

Reward Minerals has signed a binding Letter of Intent to acquire the Copper Lance Project in Newfoundland, a promising volcanogenic massive sulphide deposit with historic high-grade copper and silver results. The company plans to fast-track exploration to unlock value in this underexplored Canadian terrane.

Impact Minerals is reigniting exploration at its vast Broken Hill project in NSW, leveraging rising metal prices and a proprietary multi-metal ratio to uncover high-grade platinum group metals and base metals.