Latest Copper Gold News

Carnaby Resources has agreed to a scheme of arrangement with Evolution Mining, offering shareholders a 60.4% premium and exposure to Evolution’s portfolio, while reporting significant new high-grade copper-gold results at its Greater Duchess project.

Sinclair Gold has pushed gold mineralisation deeper at its Mt Henry project, with initial drilling results confirming significant extensions beyond the existing 915,000oz resource. Backed by a $30m placement and a royalty deal, the company is well-funded to continue its 50,000m drilling campaign.

Hot Chili Limited is accelerating development at its La Verde copper-gold deposit in Chile, reporting strong drilling results and securing an additional US$15 million via an amended royalty agreement with OR Royalties. The company is progressing environmental assessments and pre-feasibility studies for the broader Costa Fuego project while maintaining a robust cash position.

AusQuest has confirmed a continuous 1.5km copper-gold mineralised corridor at its Cangallo project in Peru, with broad intercepts and emerging high-grade zones. Diamond drilling has begun, revealing significant vertical extent and setting the stage for deeper exploration.

Godolphin Resources' JV partner Great Plains Metals has delivered a substantial copper-gold porphyry intercept at Goodrich, NSW, validating the exploration model and highlighting the project's scale potential.

True North Copper (ASX:TNC) reported strong progress in Q4 FY2026, expanding its Mt Oxide copper system and consolidating its Cloncurry assets ahead of a key Pre-Feasibility Study.

Augustus Minerals reported promising gold assay results at its Music Well project, alongside progress in Papua New Guinea exploration and a $2.5 million capital raise featuring Gold Fields’ backing.

Tali Resources plans to start diamond drilling at its Khya prospect in mid-August, aiming to test a significant concealed copper-gold system within Western Australia's Lake Mackay Fault Zone.

Hammer Metals has agreed to be acquired by Larvotto Resources in a $61.2 million scheme that includes a demerger of its WA gold assets, while facing a higher non-binding $80.7 million proposal from Austral Resources. The board backs Larvotto’s offer pending independent expert approval, as drilling at Kalman advances resource confidence.

PolarX Limited has reported standout high-grade copper and gold assay results from its Alaska Range Project, with Northern Star increasing its joint venture stake and fully funding a major 10,000m drilling campaign scheduled for 2026.

Tungsten Mining has locked in a robust economic case for its Watershed project with a pre-tax NPV of A$1.31 billion and IRR near 200%, while launching its largest-ever drilling campaign at Mt Mulgine to underpin long-term growth.

Talisman Mining’s latest drilling at Sheepyard reveals broad shallow gold zones over 800m, signalling a large-scale system. New CEO Todd Ross takes the helm amid active exploration and $3.09 million cash.