Latest Base Metals News

Aldoro Resources has reported significant progress at its Kameelburg REE-Niobium Carbonatite Project in Namibia, confirming a substantial polymetallic discovery and expanding its Phase I drilling program with full funding secured.

Triton Minerals has initiated legal proceedings after a key payment default in its sale of Mozambique graphite assets, while advancing exploration at its new Aucu copper/gold project.

Kalamazoo Resources progresses due diligence on its Ashburton Gold Project under De Grey’s $30 million option, reports significant metallurgical drilling intercepts, and raises $0.8 million post-quarter to support ongoing exploration.

Renegade Exploration reports significant discoveries of critical defence metals germanium and gallium at its Yukon Andrew Deposit, alongside promising gold-silver prospects, while progressing copper and cobalt projects in Queensland amid a tight cash position.

Enterprise Metals Ltd has progressed its Western Australian exploration projects with heritage surveys completed and drilling scheduled, supported by a government grant covering nearly half the planned budget.

Kaili Resources reported encouraging assay results from its South Australian rare earth projects, setting the stage for expanded drilling programs, while exiting its Western Australian Holey Dam project due to insufficient mineralisation.

High-Tech Metals Limited has executed a binding agreement to acquire key gold assets in Western Australia’s Northern Goldfields, underpinning a major 15,000-metre drilling campaign and a $3.5 million capital raise to accelerate exploration and development.

Belararox Limited has made significant progress in its maiden drilling program at the TMT Project in Argentina, revealing promising visual copper mineralisation while maintaining a robust financial position with A$6.8 million cash and zero debt.

Bindi Metals progresses its Lisa Project application with Serbia’s Ministry while identifying promising gold and antimony drill targets, maintaining a solid cash position of $1.734 million.

Mount Burgess Mining reports encouraging hydrometallurgical test results from its Nxuu polymetallic deposit, achieving high recoveries for zinc, vanadium, and rare earth elements. The company also completed a modest capital raise to support ongoing project development.

Ausmon Resources advances its rare earth and base metals exploration with new drilling approvals in South Australia and promising zinc assay results near Broken Hill, underpinning its strategic focus on high-value mineral targets.

Somerset Minerals advances its strategic acquisition of the Coppermine Project in Nunavut, identifying multiple drill-ready copper anomalies and securing $2.39 million to fund maiden exploration.