Latest Cobar News

Caspin Resources has commenced Phase 1 drilling at its Weethalle Gold Project in NSW, aiming to test a newly identified 2,000m long geophysical anomaly linked to historic high-grade gold mineralisation. The project’s geological setting mirrors that of the prolific Hemi deposit, raising exploration hopes.

Peel Mining has secured $21.25 million through a placement and share purchase plan, while appointing a new leadership team to drive a strategic pivot focused on unlocking value from its copper and polymetallic assets in the Cobar Basin.

Kingfisher Mining secures shareholder approval for NSW tenement acquisition and accelerates exploration at Copper Blow and Mick Well REE projects, backed by a solid $2.35 million cash position.

West Cobar Metals is advancing its air core drilling program at the Mystique Gold Project, revealing a promising 400m anomalous gold horizon. Full assay results are expected in November, potentially reshaping the project's exploration model.

Lachlan Star Limited reports robust gold mineralisation at its Killaloe Project in Western Australia and progresses maiden drilling at North Cobar in New South Wales, supported by a $2.16 million capital raise.

Polymetals Resources has identified a promising new zone of massive sulphide mineralisation south of its Endeavor Mine, prompting plans to accelerate exploration efforts.

Peel Mining has significantly increased its Share Purchase Plan to $5 million following overwhelming shareholder interest, reflecting strong confidence in its Cobar Basin assets.

Manuka Resources has raised A$15 million to accelerate production at its Wonawinta Silver Mine and fund exploration drilling at Mt Boppy and Pipeline Ridge in New South Wales.

Aurelia Metals reports a robust September 2025 quarter, with production and costs aligning to plan and key projects advancing ahead of schedule. Significant growth in copper resources and reserves underpins a confident outlook for FY26 and beyond.

Aurelia Metals has kicked off FY26 with robust production and cost management, driven by the ahead-of-schedule ramp-up at its Federation mine and promising progress at Great Cobar.

Aurelia Metals reports a 12% increase in Mineral Resources and a 17% rise in Ore Reserves, driven by strong copper growth at its Peak Operation and the commencement of production at Federation Mine.

Lightning Minerals has reported promising high-grade gold and silver intersections from its initial drilling at the Mt Turner Project in Queensland, confirming near-surface epithermal mineralisation and open potential along a 14km fault line.