Latest Base Metals News

Minerals Exploration’s latest drilling at Waitekauri’s Jubilee prospect confirms mineralised zones in all holes, while rock chip sampling reveals spectacular gold grades up to 2,273 g/t near Sovereign, opening fresh avenues for exploration.

Raptor Metals has delivered further high-grade copper and polymetallic assay results from its Chester Project in Canada, confirming a large-scale stacked VMS system and extending mineralisation over 2.5km. These findings enhance the geological model and support resource growth potential.

Austral Gold has confirmed significant silver-gold mineralisation across multiple veins at its Juncal Project in Chile, setting the stage for its first-ever drilling campaign.

Godolphin Resources has hit a significant new polymetallic sulphide system named Cousin Jack at its Lewis Ponds project, with maiden drilling revealing broad zones of high-grade zinc, copper, lead, silver, and gold mineralisation.

GoldArc Resources has identified distinct critical element associations with gold mineralisation at Mt Stirling and Mt Stirling Well, advancing metallurgical test work and mine planning with BML Ventures.

Daly Resources has posted a $352,743 loss for FY2025 amid aggressive expansion of its exploration portfolio, including the acquisition of the Huckitta and North Batten projects. The company is gearing up for a $10 million IPO in 2026 to fund its base metals and fluorite exploration ambitions.

Ballymore Resources has secured $5.2 million through an oversubscribed capital raise, boosting its capacity to fast-track exploration across multiple Queensland projects.

Kuniko Limited has verified gold-silver-base metal mineralisation at the historic Walls and Stringers prospects, less than 1km from its Commonwealth-Silica Hill Project, with assays up to 4.7 g/t AuEq and geophysical data supporting a large intrusive system.

Redstone Resources has secured a 100% stake in a suite of greenfields exploration projects across Western Australia, gaining exposure to gold, lithium, copper, and base metals with immediate drilling approvals at key sites.

Blaze Minerals has completed a 443-metre trenching campaign at its Krokodil Prospect in Botswana, confirming in-situ copper, lead, and zinc mineralisation with notable spot XRF readings. Laboratory assay results are expected in 6-8 weeks as the company plans further soil sampling to extend the target zone.

Lithium Universe (ASX: LU7) has completed the detailed process flow sheet for a novel hydrometallurgical technology licensed from the University of Edinburgh to extract gold and copper from electronic waste. The low-temperature, reagent-recycling method aims to disrupt traditional smelting with environmental and cost benefits.

Legend Mining has pinpointed anomalous gold mineralisation aligned with a major induced polarisation anomaly at Pyrophyllite Hill within its Pinnacle Well Project, advancing plans for drill testing pending heritage approvals.