Latest Copper Gold Deposits News

LCL Resources has secured a transformative farm-in deal with Rio Tinto, which could see the mining giant earn up to an 80% stake in the promising Ono Project through substantial exploration funding and milestone payments.

CuFe Ltd has significantly upgraded the Orlando Copper-Gold Deposit resource classification at Tennant Creek, boosting Indicated tonnes to 87% and enabling underground mining studies. This milestone enhances the project’s economic outlook with critical minerals now factored into upcoming development plans.

True North Copper has revealed promising new copper-gold targets at its Wynberg Project in Queensland, building on an existing 56,100-ounce gold resource. The company plans targeted drilling and geophysical surveys to explore extensions and regional prospects.

West Cobar Metals has significantly expanded its exploration tenure in NSW’s Cobar district by applying for two new licences, increasing its coverage to around 1,090 km² and unlocking fresh potential for copper, gold, antimony, and silver discoveries.

Havilah Resources has confirmed widespread stratabound copper mineralisation over a 6 km strike at its Birksgate prospect in South Australia, extending known deposits and highlighting a large, untested target area.

Belararox Limited has strategically expanded its Argentine copper exploration by acquiring the El Faro tenement adjacent to its Toro South target, adding 22km² of promising ground to its TMT Project. This move strengthens its position amid ongoing drilling targeting a potentially significant copper system.

Hammer Metals is set to accelerate exploration with a 3,000m drilling campaign at its Kalman Critical Metals Deposit and other key copper-gold prospects in Mount Isa, aiming to upgrade resources and underpin a maiden Scoping Study.

Buxton Resources has secured all necessary permits and funding to launch its inaugural drilling campaign at the Madman copper-gold project in Western Australia, targeting a promising Havieron-style magnetic anomaly.

Magnum Mining and Exploration has identified four promising gold and copper targets at its Parker Gold Project in Arizona, following an ultra-high resolution aeromagnetic and radiometric survey. The findings highlight potential extensions of historic mineralisation and set the stage for imminent drilling.

New Age Exploration appoints seasoned geologist Kirby Johnson as CEO and acquires the promising Wallah Silver Project in NSW, complementing positive drilling results at its Wagyu Gold Project in Pilbara.

Freehill Mining Limited has secured options to acquire a portfolio of promising copper-gold projects in Chile, including a JORC-compliant resource at Blanco y Negro and extensive exploration potential at Joshua and Samuel. The deal features low upfront payments and milestone-based future costs, aligning with Freehill’s growth strategy supported by its cash-generating aggregates business.

Havilah Resources has secured a $31.5 million cash payment and $15 million in exploration funding from Sandfire Resources, accelerating plans for drilling and development around the Kalkaroo copper-gold deposit in South Australia.