Latest Copper And Gold News

Prospect Resources has announced a significant update to its Mumbezhi Copper Project resource estimate, revealing a 63% increase in copper tonnage and maiden gold and cobalt resources, positioning the project closer to development.

Dreadnought Resources has reported significant high-grade gold intercepts from its first drilling campaign along the Minga Bar shear zone at the Mangaroon Gold Project, highlighting a major new corridor of opportunity. Follow-up drilling is planned to systematically explore this extensive structure.

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

Anax Metals is set to release an updated feasibility study for its Whim Creek project, reflecting soaring commodity prices and progressing funding talks to push the project into development.

Gold Mountain Limited reports highly encouraging rare earth and gold assay results from its Varzedo Prospect in Brazil, confirming significant mineral potential and outlining plans for targeted follow-up exploration.

Right Resources Limited’s maiden diamond drilling at the Pilot Project in NSW confirms a large-scale gold-copper mineralisation system, with multiple stockwork zones intersected and plans for deeper drilling underway.

Green & Gold Minerals Ltd (ASX, GG1) has announced the acquisition of the Burlington Silver-Copper project in Queensland’s Herberton Mineral Field, expanding its footprint in a region rich with future-facing metals essential for AI and electrification.

Terra Metals’ latest drilling results at Reef 2 (Hyperion) within the Dante Project reveal thick, continuous, high-grade polymetallic mineralisation from surface, reinforcing the project’s scale and economic potential.

Diablo Resources has significantly increased its Star Range critical minerals project footprint in Utah, securing additional claims that extend the high-grade North Star Prospect. The move sets the stage for imminent drilling and advances the company’s alignment with US critical minerals supply goals.

Verity Resources is raising approximately $2 million through a non-renounceable entitlement offer to advance its Monument Gold and Botswana copper-silver projects, with directors backing the move through participation and underwriting.

FMR Resources has extended its latest diamond drillhole at the Llahuin Project’s Target C, intersecting visual copper and molybdenum mineralisation linked to a key geophysical anomaly. This marks a promising step towards pinpointing the core of a significant porphyry copper-gold-molybdenum system.

Lodestar Minerals has acquired sole access rights to the Los Loros copper-molybdenum-gold porphyry project in Chile, setting the stage for a maiden drilling campaign in April 2026. The project features significant historical mineralisation and is strategically located near key infrastructure in a prolific mining region.