Latest Copper Exploration News

Arrow Minerals has sealed its acquisition of an 80% interest in the Yarraloola Copper Project in Western Australia’s Pilbara, following a capital raising that underpinned the deal. The company’s next steps hinge on resource milestones that could trigger further share payments.

Somerset Minerals (ASX:SMM) has raised $2 million through a placement and plans a $1.2 million entitlement offer to fund a maiden reverse circulation drill campaign at its Talisker copper target in Nunavut, Canada, starting July 2026.

Belararox’s latest geophysical work at its Kalahari Copper Project in Botswana reveals promising geological continuity extending from the nearby Khoemacau mining district, setting the stage for drilling to begin in July.

Encounter Resources has kicked off a 3,500-metre dual drilling campaign at its Yeneena Copper Project, aiming to extend known high-grade copper mineralisation along the Parbo system and complete a diamond hole at Haddon. Results are due in August 2026.

Raptor Metals has delivered further high-grade copper and polymetallic assay results from its Chester Project in Canada, confirming a large-scale stacked VMS system and extending mineralisation over 2.5km. These findings enhance the geological model and support resource growth potential.

Ballymore Resources has secured $5.2 million through an oversubscribed capital raise, boosting its capacity to fast-track exploration across multiple Queensland projects.

Mandrake Resources has secured a drilling contract to advance exploration at its Berinka Project in the Northern Territory’s Pine Creek Orogen, targeting gold and copper mineralisation with a 3,200m reverse circulation program planned for August 2026.

BOA Resources Ltd has voluntarily suspended trading of its shares on the ASX pending a potential acquisition announcement, with the suspension expected to last up to five trading days.

Maiden drilling at Austral Resources' Canyon Prospect reveals a significant copper oxide system extending over 1.2km strike near the Mt Kelly SX-EW facility, with intercepts including 24m at 1.03% copper. The mineralisation remains open, offering substantial upside and potential to leverage existing processing infrastructure.

Infinity Metals has secured a two-year exclusive option to acquire 100% of the high-grade Swansea copper mine in Arizona and raised A$2.25 million via a discounted placement to fund exploration and acquisition costs.

Aruma Resources has reported standout wide, high-grade copper and silver drill results from its Phase 1 program at the Tillex Project in Ontario, reinforcing its potential as a major copper development asset.

True North Copper has finalized its acquisition of Renegade Exploration's stake in the Carpentaria Joint Venture, consolidating the Mongoose Resource with its Taipan deposit. This move unlocks new development and resource growth opportunities within the Cloncurry Copper Project ahead of a key Pre-Feasibility Study due later this year.