Latest Base Metals News

Ozz Resources reported a $1.06 million loss for FY2025, deepening net liabilities and maintaining voluntary ASX suspension while advancing key exploration projects in Western Australia.

NH3 Clean Energy has raised $4 million through a private placement priced at an 18.4% discount to fund front-end engineering and design work for its WAH2 clean ammonia project, signalling strong institutional backing as it approaches key development milestones.

Regener8 Resources has agreed to divest its entire Kookynie Gold Project to Goldarc Resources for $2.5 million, combining upfront shares and milestone-based payments, freeing capital to focus on its Bosnia exploration.

Godolphin Resources intensifies exploration at Mt Aubrey and Copper Hill East, leveraging a streamlined portfolio and a strategic pivot to precious and base metals in NSW’s Lachlan Fold Belt.

Ausmon Resources has kicked off soil sampling over a 341 km2 tenement near Broken Hill, targeting base metals along key shear zones with initial pXRF screening guiding laboratory assays.

Regener8 Resources has kicked off a Phase 1 ground magnetic survey at its Srebrenica North project, targeting high-grade silver and base metals prospects, while completing a $1.46 million share placement to fund exploration and working capital.

ActivEX Limited has identified multiple high-grade gold, silver, and base metal targets from surface rock sampling at its Georgetown Project in Queensland, revealing promising prospects for further exploration.

Ballymore Resources has confirmed further high-grade silver-lead-zinc-indium mineralisation at its Torpy's discovery in North Queensland, extending mineralisation closer to surface and supporting an emerging high-grade shoot model.

Lincoln Minerals has confirmed ongoing mineralisation at its Minbrie Copper Project’s Eagle Ridge prospect through air core drilling, setting the stage for a targeted diamond drilling campaign later this year.

TechGen Metals (ASX: TG1) enters a catalyst-rich 2026 with fully funded drilling across four copper-gold projects adjacent to multi-million-ounce mines. The company’s $3.7 million cash position supports maiden drilling at Blue & Red Devil and resource development at John Bull.

Nelson Resources has identified a promising copper-gold target at its Cinnamon Property in Nevada, delivering rock-chip samples with significant grades and outlining a clear path for advancing both copper-gold and tungsten prospects.

Patronus Resources (ASX:PTN) is executing a major 30,000-metre multi-rig drilling campaign at its Pine Creek gold project, underpinning a 2.3 million ounce gold equivalent resource across its Northern Territory and Western Australia assets, supported by a robust $65 million cash position.