Latest Base Metals Projects News

Oceana Metals has validated extensive high-grade rare earth mineralisation at its Serra Negra project in Brazil, underpinning a major drilling campaign backed by a $20 million capital raise.

Metals Australia has reported maiden ore reserves and strong economic studies for its Lac Carheil Graphite Project in Quebec, with a combined after-tax NPV of AUD 2.56 billion, positioning the company for a strategic revaluation as it advances feasibility studies.

Iltani Resources has made significant progress in its June 2026 quarter, advancing its flagship Orient Silver-Indium Project with high-grade assay results and securing priority status on three new tenement applications.

Cazaly Resources has confirmed high-grade gold mineralisation at depth in Western Australia's Goongarrie Gold Project and secured ground access for a detailed magnetic survey in Namibia’s Abenab North project, maintaining a solid cash position of approximately $4.5 million.

Critical Resources (ASX:CRR) spotlighted its multi-commodity pipeline and breakthrough battery cooling technology at the July 2026 TechKnow Invest Roadshow, highlighting exploration progress and exclusive global licensing deals.

Critical Resources identified 14 pegmatite bodies at Mavis Lake’s Corona Field and confirmed high-grade tungsten and gold systems in New Zealand, while progressing its solid-state lithium-ion battery technology to full-format pouch cells.

Aldoro Resources has secured A$4.3 million through unsecured convertible notes, providing funding to accelerate development at its Kameelburg Critical Minerals Project and exploring a potential Hong Kong Stock Exchange listing.

Strickland Metals has increased the inferred resource at its Copper Canyon deposit in Serbia, adding nearly 300,000 ounces of gold and enhancing the Rogozna Project's standing as one of Europe's largest undeveloped gold-copper assets.

Aureka Limited has secured a three-year, project-agnostic toll milling agreement with the Wedderburn Gold Processing Mill, positioning its Comstock Gold & Silver Project for early production and exploring processing options for its flagship Irvine Gold Project.

Variscan Mines is set to begin a 1,430-metre diamond drilling campaign at its Guajaraz polymetallic project in central Spain, aiming to test high-priority zinc and associated base metal targets and secure a tenement extension.

Godolphin Resources is launching an IPO for Matrix Critical Minerals to unlock value in its Narraburra Rare Earths Project, targeting a $8-12 million raise and ASX listing in H2 2026.

Anax Metals (ASX: ANX) is launching a high-impact 18-hole diamond drilling campaign at its Whim Creek Project, aiming to extend the Mons Cupri VHMS deposit and uncover new mineralisation with modern techniques.