Latest Base Metals News

Patronus Resources reports a robust $70 million in cash and investments alongside 2.3 million ounces of gold equivalent resources, underpinning a multi-commodity growth strategy across Western Australia and the Northern Territory.

Strickland Metals has reported multiple thick, high-grade gold intercepts at its Gradina Deposit within the Rogozna Project, reinforcing the deposit’s significant potential ahead of a maiden resource estimate due late 2025.

Ballymore Resources has identified significant shallow copper-gold mineralisation at its Andromache prospect through a recent induced polarisation survey, setting the stage for upcoming drilling campaigns across multiple Queensland projects.

Broken Hill Mines Limited has locked in a binding underwriting agreement for its BHMO Options, aiming to raise approximately A$7.5 million to accelerate drilling and development at its Broken Hill projects.

Sunshine Metals has reported its highest-grade gold intersection to date at the Sybil project, delivering 4.4 metres at 57.51 grams per tonne in early drilling results. This breakthrough highlights the prospect’s strong potential, with further assay results expected soon.

AusQuest has initiated a targeted Reverse Circulation drilling campaign at its Mt Davis project in WA, aiming to test significant VTEM electromagnetic and soil geochemical anomalies for copper, lead, and zinc mineralisation.

Legacy Minerals has partnered with Rio Tinto in a farm-in deal that could see up to $25 million invested in exploring the vast Thomson Project in NSW for intrusion-related copper and gold deposits.

Australian Gold and Copper Ltd has reported exceptional new drilling results at its Achilles deposit, extending high-grade silver and gold mineralisation down plunge by 50 metres. These findings bolster the upcoming maiden Mineral Resource Estimate and highlight the deposit’s significant growth potential.

Regener8 Resources has addressed a sharp doubling in its share price, attributing the surge to growing market interest in its North Achilles project amid soaring silver prices and nearby discoveries.

Forrestania Resources is set to begin diamond drilling at its Breakaway Dam Copper VMS prospect, aiming to unlock a potentially district-scale copper system in Western Australia’s Eastern Goldfields.

Legacy Minerals has confirmed significant high-grade gold and silver mineralisation at its Mascotte prospect and commenced diamond drilling at the Battery prospect within the Mt Carrington Project in NSW.

CGN Resources has secured significant new gold tenements in Western Australia's Leonora district and advanced exploration at multiple projects, maintaining a solid cash position to support ongoing development.