Latest Base Metals News

Yugo Metals has received formal government approval for its 100%-owned Petrovo tenement in Bosnia and Herzegovina, opening the door to advance one of Europe’s most promising high-grade polymetallic systems. Exceptional grades of nickel, zinc, lead, antimony, gold, and silver have been confirmed, setting the stage for a new phase of exploration.

Manhattan Gold has contracted Northspan Explorations for a 4,000m reverse circulation drilling campaign at its Hook Lake Project in Nunavut, aiming to validate high-grade gold and polymetallic targets across a vast underexplored greenstone belt.

Sunshine Metals has secured a $202,235 Queensland Government grant to fund diamond drilling at the Trooper Creek Au-Ag-Cu-Zn target, testing a promising geophysical anomaly. This move complements ongoing work at its Liontown and Sybil projects, signalling a busy exploration period ahead.

Renascor Resources reports significant cobalt and copper mineralisation from its recent Bulloo Creek drilling program, while advancing exploration across South Australia’s Olary, Marree, Wooltana, and Tumby Bay projects.

Great Southern Mining has raised $4.6 million through a strongly supported share placement, positioning the company to fast-track drilling at its promising Western Australian gold projects, including the Golden Boulder and Amy Clarke discoveries.

Hammer Metals reports encouraging copper and zinc mineralisation from recent drilling at its Bullrush Joint Venture and Isa Valley earn-in projects in NW Queensland, signalling potential for significant resource growth.

Patriot Resources has appointed Dominic Duggan as Managing Director and CEO, signalling a strategic push to advance its global mining projects. Duggan’s blend of technical and financial expertise is expected to steer the company through its critical development stage.

Galileo Mining has reported encouraging drill assay results from its Norseman project, revealing consistent palladium-platinum-copper-nickel sulphide zones at the Mission Sill prospect and completing deep diamond drilling beneath the Callisto deposit.

Resource Minerals International has completed a high-resolution magnetic survey at its Mpanda copper-gold project in Tanzania, revealing promising structural targets and extending exploration zones ahead of a planned drilling campaign in Q3 2026.

Lion Selection Group Limited has reported a robust half-year profit of $36.6 million, driven by strategic investments in Australian mining companies amid a resurging resources boom. The company also declared a fully franked dividend, signalling confidence in its portfolio and market outlook.

Reward Minerals has executed a binding agreement to acquire the Mountain Pond Gold Project in Newfoundland, featuring high-grade gold and copper assays and no prior drilling. The company plans to commence drill testing in the 2026 field season.

Godolphin Resources has revealed a significant 21% increase in gold recovery at its Lewis Ponds Project through the integration of gravity recoverable gold processing, potentially enhancing the project’s already robust economics.