Latest Copper Exploration News

Reward Minerals Ltd (ASX:RWD) updates on its Newfoundland projects targeting high-grade gold and copper, highlighting multiple priority targets with no historic drilling and imminent maiden drilling planned for 2026.

Empire Resources Limited has completed the issuance of 1 million shares under the second tranche of its placement, following shareholder approval at the recent extraordinary meeting. This move strengthens the company’s capital base as it pushes forward with its gold and copper projects in Western Australia.

Lachlan Star Limited has raised $7.47 million through a share placement to accelerate exploration at its New Waverley Gold Project in Western Australia’s Norseman region. The capital injection positions the company to rapidly test high-potential gold targets and expand its drilling program.

Prospect Resources has confirmed a continuous near-surface copper sulphide system over more than 1km at its West Mwombezhi prospect in Zambia, with a maiden resource estimate due in Q2 2026.

Aruma Resources’ recent electromagnetic survey at the Tillex Project in Ontario reveals significant extensions to known copper-silver mineralisation, setting the stage for imminent drilling.

PolarX Limited and Northern Star Resources have agreed on a US$6.9 million exploration budget for 2026, focusing on a major drilling program at the Caribou Dome Copper Project, while extending key deadlines amid assay result delays.

Hawk Resources has secured an option to acquire up to 80% of the Meerkat Copper Project in Arizona, positioning itself within a world-class copper belt. The move aligns with Hawk’s strategy to build a US copper portfolio with near-term value catalysts.

Red Metal Limited is set to distribute the majority of its 35.2% stake in Maronan Metals to shareholders, aiming to boost liquidity and allow investors to directly engage with Maronan’s promising silver project.

Buxton Resources has agreed to sell its 49% stake in the Copper Wolf joint venture to IGO for approximately A$6.15 million, while retaining full ownership of surrounding tenements and regaining strategic freedom in Arizona.

Lincoln Minerals has secured all necessary approvals to begin a targeted drilling campaign at its Minbrie Copper Project in South Australia, aiming to unlock significant copper and base metal potential.

Neometals has received silver and gold assay results that reinforce the presence of a primary copper-silver mineral system at its Rinaldi prospect in Western Australia, boosting confidence in the project's potential.

Koonenberry Gold has launched diamond drilling at the Postman’s Gully Prospect within its Enmore Project, targeting a promising parallel fault zone with historical high-grade gold. Early drill results reveal encouraging geological features, with assays expected by May 2026.