Latest Base Metals News

Omnia Metals Group has completed initial drilling at its Salt Creek Project with limited mineralisation but gained valuable geological insights. The company bolstered its balance sheet with a $1.58 million placement to fund ongoing exploration and strategic acquisitions in the US.

Legacy Minerals advances its Mt Carrington Project with encouraging drilling results at Mascotte and Battery prospects, highlighting potential for significant silver-gold and copper mineralisation. A scoping study is due in March 2026, underpinning the company’s development strategy.

Infinity Metals has completed drilling at its Cobungra Gold-Copper-Silver Project in Victoria, confirming mineralisation over a 2km strike, while awaiting regulatory feedback on its San Jose Lithium Mining Licence Application in Spain.

Cullen Resources Limited has outlined an active exploration agenda for early 2026, advancing drilling programs across its gold and base metal projects in Western Australia and Finland while maintaining a stable financial footing.

Manuka Resources has released an updated 10-year Pre-Feasibility Study for its Cobar Basin projects, revealing a substantial uplift in project economics and a clear path to production by mid-2026.

Lightning Minerals has confirmed extensive gold and base metal mineralisation along a 12km strike at its Mt Turner Project, Queensland, following a successful inaugural drill program. The company secured A$2.5 million to fund an ambitious Phase 2 drilling campaign set for early 2026.

Orion Minerals reported a December 2025 quarter marked by significant cash outflows offset by fresh financing, including a major convertible loan and ongoing talks with Glencore for substantial project funding.

Orion Minerals is finalising a major financing and offtake agreement with Glencore, advancing its transition to a mining company with first copper and zinc concentrate expected by late 2026.

Oceana Metals Limited has completed trenching at its Solonopole Project in Brazil and is progressing technical reviews of its Australian assets, while a strategic rebrand and board refresh signal a new phase for the company.

Orange Minerals NL has reported spectacular silver grades from rock chips at its Lennon’s Find project in Western Australia and completed a deep diamond drillhole targeting a key mineral feeder zone. The company also raised A$3.18 million to fund exploration in Australia and Ghana.

Mantle Minerals has identified eleven promising exploration targets at its Yule River Project, signalling potential for multiple mineral systems including VHMS and orogenic gold. Meanwhile, progress continues at Pardoo and Carlton Hill projects alongside ongoing capital returns to shareholders.

Catalina Resources has kicked off a substantial drilling campaign at Central Yilgarn and completed the acquisition of the Beasley Creek Gold Project, signalling a strategic expansion in Western Australia’s gold exploration landscape.