Latest Copper Exploration News

Empire Resources has successfully raised A$5 million through a two-tranche placement to accelerate exploration at its Yuinmery and Penny’s projects, with strong backing from existing and new investors.

Encounter Resources is set to launch a major 2026 exploration program at its Jessica Copper Project in the Northern Territory, partnering with South32 to test multiple high-potential copper targets identified through recent geophysical surveys.

Godolphin Resources has identified a significant new induced polarisation anomaly 1,000 metres from its Lewis Ponds deposit, alongside high-grade gold, zinc, and copper surface samples, setting the stage for a targeted drilling campaign in March 2026.

Raptor Metals has intersected multiple zones of visible copper mineralisation in the initial two holes of its 2,200m diamond drilling program at the Chester Project, reinforcing confidence in the resource base and setting the stage for further exploration.

Megado Minerals has secured four critical investigation permits for its Iberian Copper Project in Northern Spain, enabling a comprehensive exploration campaign including airborne surveys and maiden drilling planned for 2026.

Cosmo Metals has secured $1.55 million through a fully underwritten entitlement offer to fund near-term drilling at its Kanowna Gold Project in WA and the Bingara and Nundle projects in NSW. The capital raise includes free attaching options, with strong backing from major shareholders and management.

Litchfield Minerals has confirmed thick, continuous copper and zinc mineralisation at its Oonagalabi Project, with standout drill results reinforcing the system's scale and potential. The company plans further drilling and geophysical work to target higher-grade zones and expand the mineralised footprint.

Sunstone Metals has uncovered extensive high-grade gold-copper mineralisation at surface within its Bramaderos Project in Ecuador, setting the stage for a significant resource expansion. Drilling is imminent to convert a large exploration target into a defined resource, underpinning the company’s growth ambitions.

Somerset Minerals has identified a major 17-kilometre copper anomaly corridor, Talisker, near White Cliff Minerals’ Danvers deposit in Nunavut, Canada, following extensive 2025 geophysical and geochemical surveys. The company plans targeted drilling and geophysical follow-up in 2026 to test these promising undercover copper targets.

Golden Mile Resources has completed a significant sampling program at its Aurora prospect in Arizona, with assay results expected soon, while Patronus Resources has earned an 80% interest in the Leonora Gold Joint Venture.

Austral Resources has acquired the Lady Loretta mine from Glencore for A$45.5 million, significantly expanding its copper resource base and strengthening its cash position. This strategic move consolidates tenure adjacent to the Lady Annie Copper Mine and supports Austral’s ambition to become a mid-tier copper producer in North-West Queensland.

Lincoln Minerals has refreshed its leadership and shifted its corporate strategy towards copper discovery, advancing exploration plans at its Minbrie Project and forging key partnerships in graphite and iron ore development.