Latest Copper Discovery News

Kaoko Metals has expanded drilling at its Chalkos Copper-Silver Project to at least 15,000 metres after encouraging early observations at Otniel and a new surface copper discovery at Donkey Hill East. A second rig is now drilling Donkey Hill, while assays from the first two Otniel holes are expected within two to three weeks.

Broken Hill Gold has completed the transfer of its North Queensland exploration portfolio to Manda Resources, setting up a separate vehicle for the assets and a potential in-specie share distribution to BH6 holders. The company will now concentrate on White Dam in South Australia, although shareholder approval and the final Manda IPO structure are still pending.

White Cliff Minerals has reported broad, bornite-dominant mineralisation in the first-ever drilling at Bornite Hills, but laboratory assays are still weeks away. The discovery adds a new target to the Rae Copper Project, alongside a sediment-hosted copper horizon now traced across a much larger area.

RareX has identified a 74-metre zone of anomalous copper in drill hole KRC012 at the Niobe Prospect, with portable XRF readings peaking at 5,724ppm. The result broadens the Khaleesi exploration story, but laboratory assays are still four to six weeks away.

Prospect Resources has expanded drilling at Nyungu Central after returning a 27-metre copper intercept outside the existing resource, while maiden drilling at Sharamba confirms a new copper discovery. The results add momentum to Mumbezhi’s growth story, but most Phase 3 assays remain outstanding and no resource update has yet been made.

Hancock Prospecting has agreed to invest A$8.77 million in White Cliff Minerals for a proposed 13.5% stake, giving the junior explorer fresh capital to accelerate drilling at its Rae Copper Project in Nunavut. The placement still requires shareholder approval.

Cosmo Metals has raised $1.25 million through a discounted placement, setting the stage for maiden drilling at its high-grade Mona VMS copper-gold-silver prospect in northern NSW’s Bingara Project.

Almasar Minerals Limited (ASX:AMK) is launching an IPO to fund early-stage exploration across five licences in Saudi Arabia’s Arabian Shield, targeting gold and copper mineralisation.

Koonenberry Gold has kicked off a seven-hole RC and diamond drilling program at its Dunedoo Project in NSW, targeting the untested Bolinda Vale copper-gold porphyry system and the Hillside gold-silver anomalies.

Patriot Resources has locked in a $3 million placement to fund exploration at its flagship Tassa silver-gold project in Peru and a new copper discovery in Zambia, underpinning its strategy to grow high-grade mineral resources.

Somerset Minerals has unveiled thick zones of high-grade copper-silver mineralisation from its maiden drilling at the Talisker target in Nunavut, confirming a significant blind discovery beneath glacial cover.

Somerset Minerals reports standout surface rock chip assays from its Coppermine Project in Nunavut, with peak copper grades hitting 46.3% at Skye and 36.4% at Talisker, underpinning a district-scale opportunity as maiden drilling advances.