Latest Copper Exploration News

Connected Minerals is set to acquire Frontier Group, gaining control of an 80% stake in the high-grade Bailundo carbonatite project in Angola, backed by a $4.5 million capital raise and planned drilling.

Rumble Resources has uncovered high-grade gold and copper mineralisation at its Munarra Gully project after revisiting historical data, with a standout 13m intercept averaging 21.64 g/t gold including a blistering 1m at 221 g/t.

True North Copper (ASX:TNC) has agreed to sell its Bundarra Copper Project to Tec Minerals, securing A$500,000 cash, A$1 million equity in Tec Minerals, and a 1% Net Smelter Royalty, as it sharpens focus on its Mt Oxide and Cloncurry copper developments.

Somerset Minerals has pushed back the closing date for its non-renounceable entitlement offer, giving shareholders until 5 August 2026 to participate in the capital raise aimed at funding its copper exploration projects in Nunavut and Ecuador.

Neometals Ltd has restarted exploration drilling at its Barrambie Project in Western Australia, focusing on expanding known copper and gold mineralisation at the Rinaldi and Ironclad deposits.

True North Copper is advancing its Mt Oxide Project with a strategic focus on expanding the Aquila copper-cobalt-silver discovery and developing the high-grade Vero resource, aiming to emulate the scale of the nearby Capricorn Copper mine.

Alara Resources has launched a pro-rata non-renounceable entitlement offer to raise approximately AUD 3.84 million, aiming to support ongoing exploration at its Oman copper projects and general working capital.

Belararox, soon to be Vantage Metals, has sharpened its exploration focus at Botswana’s Kalahari Copper Project with new airborne electromagnetic data revealing additional copper targets. The company has locked in a drilling contractor and plans to start drilling imminently.

Lincoln Minerals has kicked off air core drilling at its Minbrie Copper Project in South Australia and secured a $3.1 million placement from a strategic investor to fund exploration and follow-up drilling.

Freehill Mining’s aggregates business posted a record $1.36 million in quarterly sales, up 47% from the prior quarter, driven by plant improvements and a broadening customer base. June alone saw a record $496,000 in sales, underpinning the company’s copper project ambitions.

White Cliff Minerals has intersected over 90 metres of copper sulphides in its maiden diamond drillhole at the Rae Copper Project, confirming extensive mineralisation and securing A$6.5 million to accelerate exploration.

New Frontier Minerals has reported strong surface copper grades at its Mt Storm prospect in Queensland, with assays up to 6.88% Cu and promising acid-leach recoveries, reinforcing the prospect’s potential within the NWQ Copper Project.