Latest Base Metals News

Superior Resources has increased its capital raise to $2 million, funding a significant drilling campaign and feasibility studies aimed at accelerating gold production and advancing copper exploration in northern Queensland.

Ballymore Resources has reported compelling high-grade silver-lead-zinc-indium mineralisation from recent drilling at its Torpy’s and Little Torpy’s prospects in north Queensland, highlighting the potential for a significant shallow polymetallic deposit.

Godolphin Resources has significantly upgraded its Lewis Ponds deposit, increasing total tonnage by 78% and gold content by 34%, setting the stage for an upcoming scoping study.

Strickland Metals reports new diamond drilling results confirming extensive shallow copper-gold mineralisation at its Copper Canyon Deposit, reinforcing its strategic role within the Rogozna Project. The company plans a resource update next year amid ongoing drilling and strong funding.

AusQuest and South32 have extended their Strategic Alliance Agreement for two more years, securing continued funding and collaboration on Australian copper and zinc projects. South32 will fund exploration to advance projects to drill-ready status and can earn up to 80% interest through staged investments.

Korab Resources reports significant gold and base metals exploration progress at its Rum Jungle Project, alongside innovative mining method evaluations and ongoing legal challenges to key lease renewals.

Lithium Energy Limited’s re-assay of 125 historical rock chip samples confirms significant high-grade gold mineralisation at Mt Usher, Queensland, unlocking promising exploration potential within the Capricorn Gold-Copper Belt Project.

Australian Gold and Copper Ltd has released its inaugural Mineral Resource Estimate for the Achilles deposit in NSW's South Cobar region, revealing a substantial 38.5 million ounces silver-equivalent resource. This milestone underscores the company's growing footprint in precious and base metals exploration.

GreenTech Metals has agreed to acquire up to 80% of the high-grade Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia, consolidating a significant land package and planning a drilling campaign to upgrade the resource by early 2026.

Lightning Minerals Ltd is set to launch a fully funded Phase 2 drilling campaign at its Mt Turner Gold Project in Queensland, following Phase 1 success that revealed a large mineralised system along a 12km strike of the Drummer Fault.

Norwest Minerals updates its West Arunta exploration strategy following a doubling of silver prices and a high-grade discovery at Dales Gossan, setting the stage for a major 2026 drilling campaign.

Dreadnought Resources has reported impressive high-grade results from recent drilling at its Stinger target, part of the Mangaroon Project in Western Australia, highlighting significant rare earths, niobium, titanium, scandium, and phosphate mineralisation.