Latest Copper And Zinc Projects News

GreenTech Metals has identified significant gold mineralisation at its Whundo project, boosting its economic prospects, while defining a large-scale copper-zinc exploration target. Metallurgical testing and mining studies are underway to assess near-term production potential.

QMines Limited has raised $7.5 million through a strongly supported placement to accelerate exploration at its Mt Mackenzie, Mt Chalmers, and Develin Creek projects, positioning the company for growth in gold and base metals.

GreenTech Metals has revealed substantial gold mineralisation at its Whundo Copper-Gold-Zinc project, boosting the project's economic outlook. The company also defined a large-scale exploration target and initiated a conceptual mine study to explore near-term production options.

CZR Resources has revealed compelling geophysical evidence of potential massive sulphide mineralisation at its Edamurta project in Western Australia, drawing parallels with the nearby Golden Grove deposits. A targeted drilling program is planned to test these promising conductors.

New World Resources has locked in a US$6.5 million unsecured loan from Kinterra to advance its Antler Copper Project and support a pending takeover bid. The funding aims to cover critical permitting, land acquisition, and transaction costs.

Kinterra Capital has increased its takeover offer for New World Resources to A$0.067 per share after securing a 39.46% stake, with the New World board unanimously backing the bid and urging shareholders to accept before the August deadline.

New World Resources has acknowledged an increased takeover offer from Kinterra, triggering a matching rights process with Central Asia Metals. The board signals potential for a superior proposal amid a competitive bidding landscape.

New World Resources has unanimously recommended Central Asia Metals’ improved takeover bid, which offers a higher price and unconditional terms, setting the stage for a decisive shareholder vote.

New World Resources has replaced its previously proposed scheme with a recommended off-market takeover bid from Central Asia Metals at A$0.062 per share, with the Board urging shareholders to accept. The deal includes a US$6.5 million loan facility and matches a rival offer from Kinterra.

Central Asia Metals has increased its takeover offer for New World Resources to A$0.062 per share after acquiring a significant stake, valuing the company at around A$230 million.

New World Resources has successfully completed a placement of 32 million shares at $0.02 each to its board and senior management, following shareholder approval. This move subtly reshapes the company’s capital structure ahead of its copper and base metals projects in the US.

Lincoln Minerals has launched a comprehensive re-assay program targeting historic drill core at its Minbrie Cu-Pb-Zn Project, alongside progressing graphite downstream test work and advancing its Green Iron Magnetite Project with strong industry interest.