Latest Base Metals News

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.

Rubix Resources Limited has advanced its exploration agenda with a $275,000 grant awarded to test the chargeability anomaly at its Grunter prospect, part of the Paperbark project. The company reported a solid cash position of $1.46 million at the end of March 2025, underpinning ongoing activities across multiple projects.

Albion Resources has made significant strides at its newly acquired Yandal West Project, identifying seven key geophysical targets and gearing up for a mid-year drill campaign under new CEO Peter Goh.

Cobalt Blue Holdings progresses its Kwinana Cobalt Refinery towards a Final Investment Decision while expanding into copper and base metals through the Halls Creek Project. The cobalt market faces a structural shift amid DRC export restrictions, supporting a strategic corporate rebrand and leadership changes.

Renascor Resources reports significant engineering advances that increase high-value graphite production by 60%, reduce operating costs, and confirm a safer, eco-friendly purification process.

Premier1 Lithium has completed its first significant drilling campaign at the Yalgoo Gold Project in decades, confirming strong gold prospectivity with high-grade rock chip results and identifying new targets at Abbotts North.

Australian Gold and Copper Ltd reports strong assay results from its accelerated aircore drilling program at the Achilles Shear Zone, extending the known mineralisation footprint by at least 1.2 kilometres. With $15.7 million cash on hand, the company is poised for further exploration and resource definition.

Peregrine Gold Limited has secured a pivotal agreement for gold extraction at its Peninsula Prospect, launched major drilling campaigns at Mallina and Tin Can, and bolstered its treasury through a $2.5 million capital raise and asset sale.

Piche Resources has reported significant advances in its March 2025 quarter, extending gold-silver mineralisation at Cerro Chacon and confirming upgraded high-grade uranium assays at Ashburton, while unveiling new uranium zones at Sierra Cuadrada.

TechGen Metals reports compelling high-grade copper assays and airborne EM targets at Kimberley projects, with imminent drilling programs set to test promising gold anomalies in Western Australia.

Boab Metals has executed a binding agreement to acquire the DeGrussa Processing Plant, significantly derisking its Sorby Hills Lead-Silver-Zinc Project and setting the stage for a Final Investment Decision in the second half of 2025.