Latest Cobar News

Australian Gold and Copper Ltd has released its inaugural Mineral Resource Estimate for the Achilles deposit in NSW's South Cobar region, revealing a substantial 38.5 million ounces silver-equivalent resource. This milestone underscores the company's growing footprint in precious and base metals exploration.

Lightning Minerals Ltd is set to launch a fully funded Phase 2 drilling campaign at its Mt Turner Gold Project in Queensland, following Phase 1 success that revealed a large mineralised system along a 12km strike of the Drummer Fault.

Kingfisher Mining has completed its strategic acquisition of a diverse NSW copper-gold-silver-lead-zinc portfolio and is mobilizing drilling at the Copper Blow project in Broken Hill.

Mount Hope Mining has launched its phase 2 drilling campaign at the Mt Solitary gold prospect, aiming to extend and define high-grade mineralisation and move towards a JORC-compliant resource estimate.

Polymetals Resources has raised $34.4 million through a share placement to boost exploration and production at its Endeavor Silver Zinc Mine, attracting strong institutional demand.

Australian Gold and Copper Ltd has reported outstanding assay results from diamond drilling at its Achilles deposit in NSW, revealing a high-grade zone extending over 150m wide and 250m deep. These results reinforce the deposit's potential amid rising silver prices.

Polymetals Resources has bolstered its financial position with new loan facilities and option exercises following a fatal incident at its Endeavor Mine, which has now resumed continuous operations.

Peel Mining’s recent drilling at the Nombinnie gold prospect in NSW reveals promising shallow gold mineralisation, while the company also secures significant NSW Government grants to boost its critical minerals exploration.

G11 Resources has raised A$7.5 million through a two-tranche placement to fund exploration at its copper and gold projects in Tasmania and New South Wales, positioning the company for potential major discoveries.

Manuka Resources has revised its exploration target disclosures to comply with JORC standards and announced an accelerated gold drilling program targeting extensions at Mt Boppy and shallow mineralisation at Pipeline Ridge, with results expected early 2026.

Australian Gold and Copper Ltd has reported compelling high-grade gold and silver mineralisation near surface at its Achilles deposit in NSW, highlighting a 150m long oxide zone with promising exploration upside.

West Cobar Metals has reported encouraging gold assay results from its recent aircore drilling at the Mystique Gold Project in Western Australia, highlighting structural controls that could point to a significant deposit.