Latest Base Metals Projects News

Strickland Metals has ramped up exploration at its Rogozna Project in Serbia by deploying an eighth diamond drill rig focused on expanding a promising high-grade gold zone within the Shanac Deposit. The company’s strong cash position and recent strategic investment underpin its aggressive growth strategy.

New World Resources has replaced its previously proposed scheme with a recommended off-market takeover bid from Central Asia Metals at A$0.062 per share, with the Board urging shareholders to accept. The deal includes a US$6.5 million loan facility and matches a rival offer from Kinterra.

Critical Resources Limited has confirmed structurally controlled quartz-sulphide veining at its Amoco Gold-Antimony Project in NSW, reinforcing its exploration model and advancing towards maiden drilling.

New World Resources and Central Asia Metals have agreed to increase their takeover offer to 6.2 cents per share, surpassing a competing bid and reshaping the acquisition landscape.

Critical Resources Limited has completed a $500,000 capital raising and finalized the acquisition of the Amoco Antimony-Gold Project, expanding its footprint in the New England fold belt.

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.

Critical Resources Limited has unveiled final assay results from its 2024 drilling campaign at the Mavis Lake Lithium Project, revealing high-grade spodumene mineralisation beyond its current resource estimate and highlighting significant expansion potential.

Central Asia Metals has increased its takeover offer for New World Resources to A$0.062 per share after acquiring a significant stake, valuing the company at around A$230 million.

New World Resources has increased its scheme offer to 5.5 cents per share, while rival Kinterra proposes a higher 5.7 cents off-market takeover bid. The board is reviewing the competing offers amid uncertainty over the final outcome.

New World Resources has received a conditional, non-binding takeover proposal from Kinterra Capital to acquire all remaining shares at A$0.057 each. The board is currently reviewing the offer amid ongoing market speculation.

Venus Metals Corporation has kicked off EIS co-funded diamond drilling at its Pincher Copper Project, with further campaigns planned at Youanmi and Bellchambers to test promising copper and zinc targets and advance metallurgical studies.

Central Asia Metals has increased its cash offer for New World Resources shares to A$0.055 and acquired a 5% stake through on-market purchases, signaling renewed momentum in the takeover bid.