Latest Copper Gold Projects News

Sierra Nevada Gold (ASX: SNX) has swiftly mobilised three drill rigs to commence a 5,000m Phase 1 program at its As Safra copper-gold project in Saudi Arabia, following exploration licence approval by Royal Decree. The campaign targets a district-scale mineralised system with results expected by late May.

Tennant Minerals has delivered a standout diamond drilling result at its Bluebird copper-gold-bismuth discovery, extending high-grade mineralisation and highlighting bismuth’s rising strategic value.

Sierra Nevada Gold (ASX: SNX) has received five exploration licences for its As Safra copper-gold project in Saudi Arabia, granted by Royal Decree, allowing immediate drilling with three rigs on site. The licences reflect top-level government support and align with Saudi Arabia’s Vision 2030 mining ambitions.

Alchemy Resources secured a major milestone with Newcam Minerals exercising its option on Bryah Iron Ore assets, while divesting Karonie and Lake Rebecca projects to Forrestania Resources, alongside promising exploration results at Yellow Mountain in NSW.

Horseshoe Metals has unveiled a new copper Exploration Target of up to 3.6 million tonnes at its Motters Zone, while advancing Direct Shipping Ore operations supported by strong copper prices and precious metals credits.

Hawk Resources reports high-grade copper mineralisation at Utah's Cactus project and secures an option to acquire up to 80% of Arizona's Meerkat copper project, while progressing scandium exploration in Western Australia.

Strategic Energy Resources (ASX:SER) has locked in a $6 million joint venture with Sumitomo for its Bulimba Gold Project, secured $400,000 in government grants for drilling, and completed capital consolidation, positioning itself for a busy exploration season in Queensland.

Breakthrough Minerals has completed its full acquisition of the North Queensland Copper-Gold Project, securing a substantial resource base and initiating a drilling campaign at Barbara, signalling a new phase of exploration and development.

Cyprium Metals has made substantial progress on its Nifty Copper Complex restart, targeting copper cathode production by September 2026 while securing A$41 million to fuel exploration and growth.

Encounter Resources (ASX:ENR) has reported a major 83% increase in the Green deposit’s inferred niobium resource at its Aileron project, lifting the combined inferred mineral resource by 54%. Meanwhile, copper-gold drilling advances in the Paterson Province as the company targets Havieron-style systems.

Sierra Nevada Gold (ASX: SNX) advances its As Safra copper-gold project in Saudi Arabia by establishing a local subsidiary and preparing for imminent drilling after securing exploration licences.

Pivotal Metals has kicked off drilling at its Belleterre projects and reported promising metallurgical testwork at Horden Lake, supporting an upcoming resource update and scoping study.