Latest Cobar News

West Cobar Metals has revealed that previous assays underestimated antimony grades at its Bulla Park deposit, with re-analysis showing an average 14% increase. This discovery could enhance the project's economics and resource potential.

Aurelia Metals has revealed significant exploration success at its Nymagee Mine in NSW, discovering two new mineral lenses and extending known mineralisation with promising gold and base metal grades.

Regener8 Resources has completed its initial ultrafine soil sampling phase at the North Achilles project in NSW, positioning itself to define promising drill targets adjacent to Australian Gold and Copper’s recent high-grade discovery.

Australian Gold and Copper Ltd has reported exceptional new drilling results at its Achilles deposit, extending high-grade silver and gold mineralisation down plunge by 50 metres. These findings bolster the upcoming maiden Mineral Resource Estimate and highlight the deposit’s significant growth potential.

Polymetals Resources has advanced its Endeavor Mine ramp-up, producing over 15,000 tonnes of concentrates and scheduling its first zinc shipment. The company also reduced debt and strengthened its cash position, signaling progress toward steady-state operations.

Peel Mining Limited has launched a $2.5 million Share Purchase Plan offering eligible shareholders discounted shares following a $16.25 million placement. The move aims to bolster funding for exploration and corporate initiatives while giving retail investors a chance to participate.

Eastern Metals Limited has entered a definitive agreement to acquire Raptor Resources Limited, adding significant copper and gold assets in Canada and Western Australia, alongside a planned capital raise to fund exploration and ASX reinstatement.

S2 Resources has commenced a two-month drilling campaign at its Warraweena project in northern NSW, targeting six geophysical anomalies with potential for multiple valuable mineral deposits. A follow-up gravity survey is advancing to refine these targets further.

Mount Hope Mining has identified compelling new drill targets at its Mt Hope Project in NSW, following a detailed electromagnetic survey. The company plans a targeted drilling campaign later this year to test these promising zones.

Alchemy Resources has delivered compelling assay results from its recent drilling at the Yellow Mountain Project, confirming and extending mineralisation first identified in the 1970s. The standout intercept of 113 metres at 1.17% copper equivalent underscores the project's promising scale and potential.

Peel Mining has raised $18.75 million through a placement and share purchase plan, while appointing Tony Schultz as a new director to drive its copper and polymetallic asset strategy in the Cobar Basin.

Manuka Resources has gained approval for a secondary listing on the New Zealand Stock Exchange, enhancing trading access for local shareholders and supporting its strategic growth in critical and precious metals projects across New Zealand and Australia.