Latest Base Metals News

Daly Resources is aggressively advancing exploration across its 6,451 km² Northern Territory portfolio, highlighting ultra-high-grade fluorite at Huckitta and promising sediment-hosted copper-zinc targets with government-backed geophysical surveys underway.

Mount Hope Mining (ASX:MHM) is gearing up for Phase 3 drilling at its Mt Solitary gold project in NSW’s Cobar Basin after delivering high-grade intercepts and exceptional metallurgical results. The company is also expanding its exploration footprint and progressing towards a maiden JORC Mineral Resource estimate.

Venus Metals Corporation (ASX:VMC) has fortified its balance sheet with a $47 million sale of its Youanmi Gold Project royalty, rebuffed a hostile takeover, and set in motion significant shareholder returns including a $35 million cash dividend.

Raptor Metals has confirmed a significant stacked copper-rich VMS system at its Chester Project through maiden drilling, while expanding its footprint with key acquisitions in the Bathurst Mining Camp.

Middle Island Resources has reported strong Phase 2 drilling results at its Bobija project in Serbia, revealing an extensive shallow gold-silver-base metal system. Soil sampling at Tisovik further highlights large polymetallic targets with high-grade antimony, supporting a carbonate replacement deposit model.

CZR Resources has launched a recommended takeover bid for Zuleika Gold, backed by a robust $65 million cash position and promising drilling results at its Croydon Gold Project.

American West Metals (ASX: AW1) reported significant exploration breakthroughs at its West Desert Project in Utah and ongoing Pre-Feasibility Study progress at the Storm Copper Project in Nunavut, backed by a $10 million capital raise.

Yugo Metals is pushing ahead with exploration in Bosnia and Herzegovina, backed by a fresh $5 million capital raise and encouraging early gold results at its Sinjakovo Project. Preparations are underway for new drilling at Cajnice, while the company continues to expand its footprint in battery and base metals.

Strickland Metals has boosted its Rogozna Project mineral resources to 9.25 million ounces gold equivalent, driven by a 50% increase at the Gradina deposit and a maiden indicated resource at Shanac. Metallurgical tests confirm strong gold recoveries, while drilling delays at Shanac temper near-term exploration progress.

Azzuro Resources has locked in a major copper-gold discovery at its newly acquired Red Hill project in Mongolia, confirming a high-grade VMS system over nearly 550 metres of strike with significant expansion potential.

Broken Hill Mines (ASX: BHM) reported a 21.8% jump in silver output and a new high-grade bulk tonnage discovery at its Rasp Mine, underpinning strong operational momentum and a solid financial footing.

Eagle Mountain Mining finalises a joint venture with Nittetsu Mining for the Oracle Ridge copper project, extinguishing a US$7.25 million debt and setting in motion a US$16.5 million exploration program. The company holds $2.9 million cash and is reassessing its Silver Mountain project alongside new acquisition pursuits.