Latest Copper Exploration News

Eagle Mountain Mining has finalised a joint venture with Nittetsu Mining for the Oracle Ridge copper project, extinguishing a US$7.25 million loan and securing US$16.5 million in additional funding from Nittetsu.

Western Mines Group reported strong March quarter progress at Mulga Tank, delivering high-grade nickel sulphide results and expanding its project portfolio with new acquisitions and a magnesite supply MoU.

Canterbury Resources has kicked off an extensive drilling campaign at its flagship Briggs Copper Project as part of a Pre-feasibility Study, while securing the Monto Project with promising copper-molybdenum resources. High-grade assays from PNG’s Ekuti Range reaffirm the company’s regional exploration potential.

True North Copper (ASX:TNC) reported robust drilling results confirming the high-grade Aquila discovery at Mt Oxide, a 7% resource increase at Cloncurry, and a strategic JV acquisition with Glencore, setting the stage for a pivotal 2026.

Somerset Minerals advances exploration at its Coppermine Project with resumed drilling at Jura North delivering strong copper intercepts, while a newly identified 17km Talisker corridor emerges as a high-priority target with exceptional geochemical signatures.

West Cobar Metals reports promising heap leach testwork at Salazar with strong rare earth recoveries, a significant expansion of its Bulla Park copper-antimony tenure, and confirmed widespread gold mineralisation at Mystique.

Solara Minerals has identified compelling gold targets at Wilgeena through soil sampling and progressed drilling at Degrussa West, while maintaining a solid cash position to support ongoing exploration.

PhosCo Ltd has reported rock chip assays up to 21.3% copper and 100 g/t silver from the King’s Eye prospect within its Simitu Project in northern Tunisia, alongside geophysical evidence of sulphide mineralisation at depth warranting immediate follow-up.

Belararox has ramped up drilling at its TMT Project in Argentina, unveiling a significant high-grade silver zone at Toro Central and expanding its landholding with the El Faro acquisition. Meanwhile, exploration in Botswana gears up with a major airborne electromagnetic survey, and the company contemplates divesting its Australian Belara Project to sharpen focus on core assets.

New Frontier Minerals has secured technical approval for its Big One Copper Deposit Mining Lease Application, updated exploration targets across multiple copper prospects, and expanded its rare earths footprint in Australia and Canada.

Lord Resources has deepened its geological understanding of the Ilgarari Copper Project through integrated data analysis, while maintaining a cautious stance on its lithium and gold assets during the March quarter.

Red Metal Limited is progressing key rare earth and base metal projects across Australia, securing government grants and proposing a major Maronan Metals share distribution to shareholders.