Latest Copper And Gold Exploration News

Golden Globe Resources has highlighted significant copper-gold potential at its Burns Spur area within the Ridler Creek tenement, supported by recent high-grade rock chip assays and a re-evaluation of 1970s Noranda drilling that revealed extensive copper mineralisation.

Austral Resources has lodged a binding offer to acquire Hammer Metals for $80.7 million, trumping Larvotto Resources' earlier $61.2 million scheme. The proposal includes a demerger of Hammer’s WA gold assets and positions Hammer shareholders to own about 31% of the combined entity.

QMines Limited has locked in a $15 million strategic funding package with QIC to fully finance its Mt Chalmers Definitive Feasibility Study, while completing a substantial drilling campaign at Mount Mackenzie and launching a major 10,000m drill program at Mt Chalmers.

Cooper Metals has completed its first RC drilling at Mt Isa East, visually spotting copper sulphides, and secured the Pyramid Gold Project through an asset swap, backed by a $979,500 placement.

Sabre Resources has secured $2 million in a placement to fund drilling across its newly acquired 4,000km2 copper and gold projects near Tennant Creek, targeting high-potential IOCG and gold mineralisation.

DGR Global is sharpening its focus on copper and gold exploration in Queensland and Ecuador while pursuing a potentially lucrative damages case linked to Armour Energy's liquidation. The company also plans a share buy-back to unlock shareholder value.

Renegade Exploration has divested its 22% stake in the Carpentaria Joint Venture to True North Copper for $2.88 million, securing cash, shares, performance rights, and a new Queensland gold project, while preserving exposure to key copper assets.

Strategic Energy Resources (ASX:SER) is set to embark on a busy 2026 drilling season with three funded diamond drill programs across its Canobie, Diamantina, and Bulimba projects, targeting multiple high-potential copper and gold prospects in Queensland.

Artemis Resources has raised A$8 million through a heavily oversubscribed placement led by Jupiter Asset Management, boosting funds for maiden drilling at its Cassowary Copper-Gold Project and exploration in the Pilbara.

Locksley Resources has secured an option to acquire 100% of the Iron Duke Copper & Gold Project near its Tottenham asset, adding an inferred resource of 1.3 million tonnes grading 1.0% copper and 0.6 g/t gold. The low-cost, milestone-based deal supports a district-scale exploration strategy in the Cobar region.

Helix Resources has secured $668,286 through a placement of over 534 million shares at $0.00125 each, aiming to fund its copper and gold projects across Arizona and New South Wales.

Locksley Resources has secured an option to acquire the Iron Duke Copper & Gold Project in NSW, enhancing its district-scale strategy near Tottenham with high-grade mineralisation and multiple drill-ready targets.