Latest Copper And Base Metals News

PhosCo has extended mineralisation at its DOH prospect and made a new phosphate discovery at Sekarna North in Tunisia. The results are encouraging, but assays remain pending and the reported widths are reconnaissance-stage intersections rather than resource estimates.

Lincoln Minerals has moved Minbrie’s Eagle Ridge prospect towards diamond drilling after air core work supported its geological model. But the ASX-listed explorer remains loss-making, cash-burning and dependent on further funding to continue its exploration program.

Tali Resources ended its first full year as an ASX-listed explorer with A$5.19 million in cash, a larger West Arunta exploration program and a A$1.48 million loss. The annual report also records a A$516,170 impairment after early drilling returned only moderately anomalous results, keeping the company firmly in the high-risk pre-discovery phase.

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.