Latest Base Metals News

Australian Gold and Copper Ltd (ASX:AGC) has intersected a 6.5m semi-massive chalcopyrite zone at its Evergreen project, marking its broadest copper interval to date in the South Cobar Basin. The company aims to deliver an initial resource estimate for Evergreen by July while continuing to extend its 38.5Moz silver-equivalent Achilles deposit.

Miramar Resources has kicked off auger drilling at its Chain Pool Project in Western Australia, targeting high-grade copper-lead-silver mineralisation at the historically significant Joy Helen prospect. The program aims to define the extent of SEDEX-style mineralisation over a 300m strike with potential for extensions and parallel zones.

Legacy Iron Ore Limited has wrapped up Phase I mining at Mount Celia, pivoting to develop a heap leach processing facility while reporting a 77% surge in measured and indicated gold resources. The company also progresses its Mount Bevan iron ore joint venture amid ongoing exploration and feasibility studies.

GR Engineering Services has been appointed preferred contractor for Ora Banda's $233 million Davyhurst Expansion Project, marking a major EPC win in WA's gold sector.

Golden Horse Minerals has uncovered numerous high priority copper, cobalt, and uranium targets at its Sorrel Copper Project in the Northern Territory, setting the stage for an active dry season exploration campaign alongside a strategic review to maximise project value.

Kincora Copper has accelerated exploration across its Australian and Mongolian assets, leveraging new AI and quantum technology partnerships alongside partner-funded drilling, while reporting a modest net income and a strong cash position in Q1 2026.

Mammoth Minerals delivers multiple high-grade gold, silver, and critical minerals assays at Blue Dick while progressing a maiden resource estimate at the adjacent Buster Gold Trend in Nevada.

Catalina Resources has secured a significant portfolio of gold and base metal projects in Western Australia's Mid-West and Lake Johnston regions, backed by a $3 million capital raise to accelerate exploration and development.

Ballymore Resources has restarted a 3,000-metre drilling program at its Torpy’s silver-lead-zinc-indium discovery in north Queensland, following a wet season pause. Early drilling results confirm multiple high-grade mineralised shoots and broad shallow zones, pointing to a potentially large mineralised system.

Argent Minerals has pushed silver mineralisation beyond the current Kempfield Lode 100 resource boundary with a broad 91.2m intercept from near surface, highlighting significant potential for resource growth and mine development optionality.

Sunshine Metals has reported standout drilling results from its Liontown Gold Panel, including 22 metres at 20.25 grams per tonne gold, underpinning a resource update and revised mining study planned for mid-2026.

Regener8 Resources has formalised its acquisition of the Srebrenica North polymetallic project in Bosnia and Herzegovina, setting the stage for a maiden exploration program targeting high-grade silver and base metals in a prolific European mining district.