Latest Base Metals News

Strickland Metals has ramped up exploration at its Rogozna Project in Serbia by deploying an eighth diamond drill rig focused on expanding a promising high-grade gold zone within the Shanac Deposit. The company’s strong cash position and recent strategic investment underpin its aggressive growth strategy.

iTech Minerals has identified a significant 1.3km moving loop electromagnetic (MLEM) conductor beneath high-grade polymetallic mineralisation at its Reward Gold Prospect in the Northern Territory, opening a new chapter in exploration at Reynolds Range.

New World Resources has replaced its previously proposed scheme with a recommended off-market takeover bid from Central Asia Metals at A$0.062 per share, with the Board urging shareholders to accept. The deal includes a US$6.5 million loan facility and matches a rival offer from Kinterra.

S2 Resources has closed its Share Purchase Plan significantly oversubscribed, prompting a pro-rata scale back. The combined funds from the SPP and recent placement will accelerate exploration across multiple Australian projects.

Iltani Resources reports continued high-grade silver-indium intersections from recent drilling at its Orient West project, reinforcing its status as Australia’s premier silver-indium discovery. The company is on track to deliver an initial JORC Resource estimate by the end of July 2025.

Legacy Minerals' latest Airborne Magneto Tellurics survey at the Drake Project reveals extensive new gold-copper-silver targets, highlighting significant potential for resource expansion and fresh discoveries.

Scorpion Minerals has commenced a targeted RC drilling campaign at its expansive Pharos Gold Project in Western Australia, aiming to follow up on multiple historic high-grade gold zones along a highly prospective shear corridor.

Bryah Resources’ subsidiary has acquired a 0.75% net smelter return royalty over key tenements in the Bryah Basin manganese project, streamlining the asset and enhancing future strategic options as the project advances towards production.

Dart Mining's latest drilling at the Triumph Gold Project reveals multiple new high-grade gold zones, supporting a resource upgrade and expanding mining potential.

Alma Metals has completed a $388,000 placement of nearly 97 million shares following its recent rights issue, issuing a cleansing notice to confirm regulatory compliance.

Terra Uranium Limited (ASX, T92) has agreed to acquire Dundee Resources Pty Ltd, gaining control of the Glen Eden project, the largest undeveloped tungsten-molybdenum deposit in New South Wales, backed by a $865,000 placement to fund exploration.

Horseshoe Metals Limited will lift its trading suspension immediately following the release of details on a new capital raising, signaling a pivotal moment for the base metals miner.