Latest Copper And Base Metals News

Lincoln Minerals has confirmed ongoing mineralisation at its Minbrie Copper Project’s Eagle Ridge prospect through air core drilling, setting the stage for a targeted diamond drilling campaign later this year.

American West Metals (ASX: AW1) reported significant exploration breakthroughs at its West Desert Project in Utah and ongoing Pre-Feasibility Study progress at the Storm Copper Project in Nunavut, backed by a $10 million capital raise.

Lincoln Minerals has kicked off air core drilling at its Minbrie Copper Project in South Australia and secured a $3.1 million placement from a strategic investor to fund exploration and follow-up drilling.

Mammoth Minerals delivers exceptional high-grade gold, silver, and copper rock chip results from the Imperial prospect, significantly expanding drill targets at its Excelsior Springs Project in Nevada.

Redstone Resources has secured a 100% stake in a suite of greenfields exploration projects across Western Australia, gaining exposure to gold, lithium, copper, and base metals with immediate drilling approvals at key sites.

Cazaly Resources has cleared the final hurdle to drill the Cadix anomaly, a large untested magnetic target in Namibia’s Abenab North Project, with fieldwork set for Q3 2026.

Lincoln Minerals has raised A$3.1 million in a two-tranche placement to fund drilling at its Minbrie Copper Project, with a strategic investor gaining board representation rights.

Golden Horse Minerals has uncovered numerous high priority copper, cobalt, and uranium targets at its Sorrel Copper Project in the Northern Territory, setting the stage for an active dry season exploration campaign alongside a strategic review to maximise project value.

Austral Resources has bolstered its Cameron River Project with final assays revealing gold and silver alongside high-grade copper at Snow Queen, underpinning its regional growth strategy.

PhosCo Ltd has delivered maiden Mineral Resource Estimates for the KM and SAB phosphate deposits at its Gasaat Project in Tunisia, adding 20.2 Mt at 20.5% P₂O₅ and lifting the total resource to 166.6 Mt. The shallow, low-strip deposits promise improved early production and underpin an updated scoping study due in Q3 2026.

Buxton Resources has secured all key approvals to start drilling at its Madman Project and agreed to sell its 49% interest in the Copper Wolf JV to IGO for about A$6.15 million, shifting its focus to Australian exploration.

Cosmo Metals has kicked off a targeted RC drilling campaign at its Kanowna Gold Project in WA, aiming to unlock significant gold deposits along the Kanowna Shear Zone with government co-funding support.