Latest Base Metals News

Godolphin Resources has announced a substantial upgrade to its Lewis Ponds mineral resource, boosting contained gold to 470,000 ounces and silver to 21 million ounces, marking a significant step towards project development.

Litchfield Minerals has successfully raised $500,000 through a targeted placement and is launching a $1 million Security Purchase Plan to fund upcoming drilling campaigns and working capital needs.

Dalaroo Metals has successfully completed a placement raising $877,500 through the issue of 35.1 million shares and 11.7 million free attaching options, bolstering its capital position within existing regulatory limits.

Iltani Resources reports robust assay results from recent drilling at its Orient East silver-indium deposit, revealing wide, high-grade mineralisation and prompting an expanded drilling program that delays the maiden resource estimate to late 2025.

Nordic Resources has appointed Henrik Grind, a seasoned mining executive with 35 years of experience in Finland and Sweden, as Country Manager to accelerate its gold and nickel-copper projects. This strategic hire coincides with the commencement of a key drill campaign at the Kopsa gold-copper project.

Lodestar Minerals has launched a revised loyalty options offer, increasing the allocation ratio to one option per twenty shares, aiming to reward shareholders and potentially raise capital.

American West Metals reports robust high-grade copper intersections from recent drilling at its Storm Copper Project in Nunavut, Canada, highlighting significant resource expansion potential.

Maronan Metals has signed a non-binding MoU with Austral Resources to explore toll processing at the Rocklands facility, aiming to unlock cost-effective pathways for its mineral projects.

Locksley Resources has completed an oversubscribed capital raising and appointed Tribeca Capital to drive its U.S.-focused critical minerals strategy, targeting rare earths and antimony supply chains aligned with government initiatives.

Australian Gold and Copper Ltd reports strong flotation and leaching test results from its Achilles deposit, marking a key step toward a maiden Mineral Resource Estimate.

Strickland Metals reports a significant new gold and base metals discovery at its Kotlovi Prospect near the Medenovac deposit, highlighting strong growth potential at the Rogozna Project in Serbia.

Eastern Metals has agreed to sell its Browns Reef Project to Australian Gold and Copper for $1.5 million, including a unique share distribution to existing shareholders, pending approval in September.