Latest Base Metals News

TechGen Metals has identified two high-priority exploration targets at its Dalgaranga Gold Project in WA, including a gold target near historic workings and a new VHMS-style base metal anomaly. Both remain untested by drilling in a prolific gold corridor.

West Cobar Metals has revealed a significant uplift in antimony grades at its Bulla Park deposit after reanalysing drill core with peroxide fusion digest, suggesting the deposit's contained metal and economic potential may be materially higher than previously reported.

Krakatoa Resources has restructured its acquisition of the Zopkhito Antimony-Gold Project in Georgia, adopting a staged earn-in model that reduces upfront payments and prioritises capital deployment into exploration and development activities for 2026.

Great Southern Mining (ASX:GSN) is set to restart diamond drilling at its Edinburgh Park joint venture in northern Queensland, focusing on the Mt Dillon target where a significant induced polarization anomaly suggests a large intrusive-related gold system.

High Peak Royalties has secured an upfront A$50,000 option fee from Massive Metals for a 12-month exclusive call option to acquire its Admiral Bay royalty rights, with potential to extend for another year and a total acquisition price of A$2 million.

Aeris Resources aims to extend the life of its Tritton copper operations through the proposed acquisition of Peel Mining’s South Cobar assets, while reporting strong H1 FY26 financial performance and advancing multiple development projects.

Lightning Minerals pivots to a gold-led Australian strategy, elevating its Mt Turner Project as the core value driver while shedding non-core lithium assets. The company aims to capitalise on strong initial drilling success and disciplined capital allocation amid evolving commodity cycles.

Argent Minerals has reported a landmark 133.1m intercept averaging 72.4 g/t silver equivalent from near surface at its Kempfield Project, including a stunning visible gold assay that deepens the resource by 80 metres and underscores its polymetallic potential.

Cygnus Metals has reported standout high-grade assay results from its Golden Eye deposit in Quebec, with gold equivalent grades reaching 105.5g/t over 1 metre. These results reinforce the continuity of mineralisation and point to potential expansion of the Indicated Resource at the Chibougamau Copper-Gold Project.

29Metals confirms additional groundworks at Xantho Extended will push back full mining resumption, leading to lowered zinc, gold, and silver production forecasts while maintaining copper output.

Magnum Mining names Antonio Vitor Junior as Managing Director to spearhead major drilling campaigns at its Azimuth and Parker projects, aiming to convert promising early rare earth results into a formal resource.

Strickland Metals has unveiled an updated Mineral Resource Estimate for its Shanac Deposit in Serbia, now totalling 5.35 million ounces gold equivalent, including a maiden indicated resource of 1.25 million ounces. The resource shows strong grade continuity and remains open for expansion.