Latest Chile Mining Projects News

Norfolk Metals has successfully raised $3.5 million in an oversubscribed placement to fund its maiden drilling program at the Carmen Copper Project in Chile, signaling strong investor confidence and a clear path toward resource definition.

Culpeo Minerals has identified multiple zones of high-grade copper mineralisation across a 1.7km corridor at its La Florida Prospect in Chile, with drilling now underway to test these promising targets.

Freehill Mining is progressing towards restarting operations at its Yerbas Buenas magnetite mine with a targeted six-month timeline, while exploration at the adjoining El Dorado project reveals promising magnetite and copper-gold potential.

Tesoro Gold reveals a large new gold mineralised zone at its El Zorro Project in Chile, with surface sampling returning high-grade assays up to 22.10 g/t Au. The discovery sets the stage for upcoming drilling campaigns.

FMR Resources has refined its exploration targets at the Southern Porphyry within Chile’s Llahuin Project, confirming surface indications of a copper system and gearing up for drilling in late 2025.

FMR Resources has completed detailed geological mapping and historic drillhole re-logging at its Southern Porphyry target in Chile, confirming surface indications of a copper porphyry system and setting the stage for drilling in late 2025.

Lodestar Minerals has secured a binding earn-in agreement for the Nicanor copper-gold project in Chile, revealing promising rock chip assays and drill-ready targets in a Tier-1 mining jurisdiction.

Tesoro Gold’s latest drilling results reveal significant extensions of high-grade gold mineralisation at the Ternera deposit in Chile, promising a larger resource base ahead of an updated estimate.

Southern Hemisphere Mining has partnered with FMR Resources in a conditional joint venture to explore the highly prospective Southern Porphyry Copper-Gold Target at the Llahuin Project in Chile, with drilling planned for late 2025.

Southern Hemisphere Mining has partnered with FMR Resources to explore the Curiosity Southern Porphyry copper-gold target in Chile, with drilling set for late 2025. FMR will fund up to A$13 million to earn a majority stake in the joint venture.

Marimaca Copper has successfully closed the second tranche of a US$17.7 million private placement, bolstering funds to advance its flagship copper project in Chile. This capital injection marks a significant step in progressing the Marimaca Copper Project’s feasibility and exploration activities.

Norfolk Metals has cleared all hurdles to begin Stage 1 of its earn-in agreement for the Carmen Copper Project in Chile, committing $3 million over three years to secure a 70% stake. The company has also completed a key share issuance following shareholder approval.