Latest Base Metals Exploration News

Renascor Resources has expanded its Marree project with a farm-in deal securing a standout uranium-copper prospect and is progressing drilling at Bulloo Creek alongside advancing its flagship battery anode materials facility.

S2 Resources has closed its Share Purchase Plan significantly oversubscribed, prompting a pro-rata scale back. The combined funds from the SPP and recent placement will accelerate exploration across multiple Australian projects.

Zinc of Ireland NL’s maiden drilling at Mt Clere has intersected sulphide zones consistent with SEDEX-style mineralisation, highlighting promising base metal potential at the Robin 21 anomaly. Two diamond drill holes totaling over 1,100 metres reveal encouraging geological signatures ahead of detailed assays.

Iltani Resources has successfully closed a Share Purchase Plan raising $965,000 and secured an additional $200,000 via a private placement, bringing total recent capital raised to nearly $3 million. These funds will fuel exploration at its promising Orient Silver-Indium Project and other ventures.

Legend Mining has signed binding term sheets to acquire the Pinnacle Well Project near Leonora, marking its first move beyond the Fraser Range with promising gold and base metals prospects.

S2 Resources Limited launches a discounted Share Purchase Plan allowing eligible shareholders to invest up to $30,000, accompanied by free attaching options exercisable at $0.11. The capital raise supports exploration across key Australian projects.

Blaze Minerals has inked a binding deal to acquire a major interest in the Loulombo Base Metals Project in the Republic of Congo, backed by a $2.52 million capital raise to fund exploration and development.

Iltani Resources continues to impress with broad, high-grade silver and base metals intersections from its Orient West drilling program in Queensland, setting the stage for a significant JORC Resource estimate.

S2 Resources has raised A$3.5 million through a placement and share purchase plan to fund exploration across multiple Australian gold and base metal projects. The capital injection aims to maintain momentum while balancing shareholder interests.

Litchfield Minerals has won three Northern Territory government grants totaling $255,743, boosting exploration at Lucy Creek and Oonagalabi projects and validating its technical approach.

American West Metals has launched a $1 million Share Purchase Plan following a $5.9 million placement, offering shareholders a discounted opportunity to invest in its Storm Project exploration activities.

Zinc of Ireland NL has kicked off its inaugural drilling campaign at the Mt Clere project in Western Australia, targeting the large and previously untested ‘Robin 21’ geophysical anomaly. This move revives interest in a site last partially explored by BHP nearly three decades ago.