Latest Base Metals News

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.

Boab Metals reveals a significant A$25 million capital cost reduction and a six-month faster construction timeline for its Sorby Hills Lead-Silver Project, bolstered by tender results and secured financing.

Anax Metals has completed a $2.4 million strategic placement by issuing over 219 million shares to Gold Valley Pilbara, strengthening its capital base. The placement was executed under existing capacity and accompanied by a cleansing notice confirming regulatory compliance.

Orion Minerals has responded to an ASX price query following a recent uptick in its share price, confirming no undisclosed material information exists while highlighting ongoing financing talks with Glencore.

Sunshine Metals has identified seven promising volcanogenic massive sulphide targets at its Ravenswood Consolidated Project, highlighted by exceptional gold-in-soil grades reaching 8.45 g/t at Truncheon East. The findings, supported by a Queensland Government grant, set the stage for intensified exploration in 2026.

Strickland Metals has announced a maiden inferred mineral resource of 1.2 million ounces of gold at its Gradina Deposit in Serbia, boosting the Rogozna Project’s total resource to 8.6 million ounces gold equivalent. The deposit remains open for expansion, setting the stage for further growth in 2026.

Alvo Minerals reports continued success at its Touro Prospect in Central Brazil, with all recent drill holes intersecting significant copper and zinc sulphides along a 750m strike. The discovery reinforces the Palma Project’s potential as a major volcanic massive sulphide district.

Godolphin Resources has announced superior metallurgical flotation test results from its Lewis Ponds project, producing high-grade zinc and lead-gold-silver concentrates that promise to enhance the project’s economic outlook.

Antares Metals Limited (ASX, AM5) has announced a significant acquisition of gold and base metals assets in Western Australia, positioning itself for a maiden drilling campaign in early 2026.

Antares Metals Ltd has been reinstated to ASX trading following its announcement of a proposed acquisition and capital raising, signaling a pivotal moment for the base metals miner.