Latest Base Metals News

Golden Mile Resources reports exceptional assay results from its Pearl Copper Project in Arizona, prompting an expansion of its maiden drilling program to include the Ford Prospect. The company also secures over $1.3 million in funding and establishes a US subsidiary to advance exploration.

Kingston Resources delivered robust production and revenue growth at Mineral Hill in Q4 2024, while advancing a strategic review of its Misima Gold Project to unlock further value.

Red Metal Limited's December 2024 quarterly report reveals a landmark rare earth discovery at its Sybella Project, alongside advancing multiple base metals and gold targets across Australia. The company is progressing towards a mine scoping study while preparing for further drilling and metallurgical testing in 2025.

Locksley Resources reports standout assay results from its Mojave Project alongside strategic board appointments and a comprehensive review of its Tottenham Copper Project, setting the stage for accelerated exploration and resource development.

Gibb River Diamonds secures key agreements to progress gold mining at Edjudina and gains international exposure for its Ellendale Diamond Project, positioning itself for growth across multiple mineral fronts.

Augustus Minerals has completed the acquisition of Music Well Gold Mines, gaining control of a significant gold project near Leonora, Western Australia, and reported promising high-grade gold and molybdenum exploration results in its latest quarterly update.

Cygnus Metals has completed its merger with Doré Copper, securing a strong cash position and delivering promising early drilling results at its Chibougamau Project in Quebec. The company is poised for an aggressive exploration and resource growth campaign in 2025.

Orion Minerals advances its Definitive Feasibility Studies for the Flat Mines and Prieska Copper Zinc projects, with independent reviews underway and production targeted for 2026.

Evolution Energy Minerals has initiated siteworks at its Chilalo Graphite Project in Tanzania, appointed George Donne as CEO, and identified a promising new copper-lead-zinc prospect, positioning the company for a Final Investment Decision in 2025.

Cullen Resources has secured a binding term sheet to acquire a 90% interest in the Yardilla Project, expanding its footprint in Western Australia's Eastern Goldfields. The company highlights promising gold-in-calcrete anomalies and drill-ready targets, while focusing exploration efforts on Yardilla and Wongan Hills.

Peel Mining's December 2024 quarterly report reveals exceptional high-grade copper, gold, silver, lead, and zinc intercepts at Wagga Tank, highlighting significant potential for resource expansion within open-pittable depths. Concurrently, fieldwork advances at the Curnamona Project and a solid cash position underpin the company's growth trajectory.

Verity Resources has confirmed a new mineralised gold zone at its Monument Gold Project in Western Australia and successfully raised approximately $600,000 through a recent rights issue, positioning the company for further exploration and development.