Latest Base Metals News

Australian Gold and Copper Ltd (ASX: AGC) is set to expand its NSW footprint by acquiring the Junee Gold Project for $5.4 million in shares, supported by a concurrent $5 million placement to accelerate exploration.

American West Metals has reported exceptional assay results from resampling historical drill core at its West Desert Project in Utah, revealing high-grade indium, copper, zinc, silver, and lead. The new data expands known mineralised intervals and supports ongoing drilling and government engagement.

Advance Metals has reported a substantial silver intercept in its maiden diamond drill hole at the Gavilanes Project in Mexico, underlining the potential to upgrade its resource estimate later this year.

Litchfield Minerals' latest drilling at Oonagalabi reveals broad copper-zinc mineralisation and an unusual nickel-molybdenum-bearing quartz vein, prompting refined geological models and planned advanced geophysical surveys.

Middle Island Resources has significantly extended the mineralised footprint at its Bobija project in Serbia, revealing broad, near-surface gold, silver, and base metal mineralisation across a 300m by 300m area. Assay results from nine Phase 2 drill holes confirm a large, continuous polymetallic system with further assays pending.

Miramar Resources has successfully completed an auger drilling campaign at its Joy Helen prospect, extending known SEDEX-style mineralisation and identifying new structural targets within the Chain Pool project in Western Australia.

Legacy Minerals has locked in a farm-in deal with Aurelia Metals for its Cobar Project, allowing Aurelia to earn up to 90% by funding exploration. This partnership leverages Aurelia's established Cobar Basin operations while Legacy focuses on its flagship Mt Carrington project.

Yugo Metals has secured a $5 million oversubscribed placement to ramp up drilling across its gold, nickel-cobalt, and base metals projects in the Balkans, positioning the company for significant exploration milestones over the next 18 months.

Godolphin Resources has agreed to sell its 49% interest in the Calarie Project to Adavale Resources in a deal structured around shares and long-dated options, aligning with a strategic shift towards its core assets.

Green & Gold Minerals (ASX: GG1) has kicked off reverse circulation drilling at Copper Hills, following rock chip assays revealing extraordinary grades of silver, copper, tin, and indium across multiple prospects within its Herberton Conductor Metals Project.

Trek Metals has marked a breakthrough year with a high-grade manganese discovery at its Christmas Creek Project in Western Australia, supported by strong assay results and expanded exploration tenure. The company bolstered its balance sheet with $19.5 million raised to fund drilling and further exploration.

Catalina Resources is fast-tracking exploration across its newly acquired Mid-West portfolio in WA, targeting gold and base metals with drilling planned within six weeks. The company’s strategic positioning near the Kirkalocka processing plant and a recent capital raise underpin its near-term development ambitions.