Latest Base Metals News

Manhattan Gold Corporation reports promising assay results from its Hook Lake Gold Project in Nunavut, Canada, confirming high-grade gold and polymetallic mineralisation across multiple prospects. The company plans to commence maiden drilling in April 2026 following a delayed aeromagnetic survey.

S2 Resources bolstered its cash reserves with a A$17 million sale of its Fosterville licence to Agnico Eagle and advanced exploration in New South Wales and Western Australia, revealing promising copper mineralisation.

Midas Minerals has reported promising high-grade copper and silver mineralisation at its newly acquired Otavi Copper Project in Namibia, with ongoing drilling and new targets shaping a compelling exploration narrative.

Heavy Rare Earths Limited has secured all-minerals rights at its Prospect Hill project, paving the way for a maiden tin resource estimate, while new data from Radium Hill reveals an 8km corridor rich in uranium and rare earth elements.

Stelar Metals is actively expanding its project portfolio in Tier 1 jurisdictions while reassessing past assay results to capitalise on recent commodity price gains. The company also navigates leadership changes and Native Title negotiations as it prepares for a pivotal March update.

Surefire Resources NL reported significant progress in its Western Australian exploration portfolio during the December 2025 quarter, highlighted by standout gold intercepts at Yidby and advancing development at the Victory Bore critical minerals project.

Red Metal Limited reports significant technical progress in rare earth processing at its Sybella project alongside advancing gold and copper exploration across multiple Australian sites. The company’s strategic stake in Maronan Metals gains momentum amid rising metal prices.

Voltaic Strategic Resources has refined its exploration models at Meekatharra and confirmed significant rare earth and gallium mineralisation at Paddys Well, setting the stage for a focused drilling campaign in 2026 backed by a strong cash position.

Red Hill Minerals reported a solid $7.8 million royalty from its Onslow Iron Project and unveiled promising exploration results across its Broken Hill and Anabama projects, reinforcing its growth trajectory.

ActivEX Limited has completed a $900,000 placement to fund exploration across its Queensland gold and rare earth element projects, while reporting a cash balance of $98,000 at quarter-end. Key drilling results are awaited as the company progresses multiple tenements and JV discussions.

Aruma Resources has executed binding agreements to acquire a major stake in the Tillex Copper Project in Ontario, complementing strong drilling results from its Australian copper assets and raising $3.5 million to fund exploration.

Zinc of Ireland NL reported steady progress in its December 2025 quarter, highlighting sulphide intersections at its Mt Clere base metals project and ongoing geophysical work in Ireland’s Rathdowney Trend. The company ended the quarter with A$0.3 million cash on hand while actively evaluating new opportunities.