Latest Copper Porphyry News

Waratah Minerals reveals promising early-stage geometallurgical results from its Spur Zone, showing gold recoveries exceeding 90% through conventional processing methods. The findings highlight coarse, free milling gold, suggesting a straightforward path to efficient extraction.

A single exploration name blew the doors off the leaderboard, while two well-known uranium plays and a Nevada explorer sank hard. Behind the noise: deals got closer to completion, big raisings reset prices, and several “good news” gaps didn’t survive the week.

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

Right Resources Limited’s maiden diamond drilling at the Pilot Project in NSW confirms a large-scale gold-copper mineralisation system, with multiple stockwork zones intersected and plans for deeper drilling underway.

Sunstone Metals has uncovered extensive high-grade gold-copper mineralisation at surface within its Bramaderos Project in Ecuador, setting the stage for a significant resource expansion. Drilling is imminent to convert a large exploration target into a defined resource, underpinning the company’s growth ambitions.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Sultan Resources has intensified exploration across its Lachlan Fold Belt tenements in NSW, focusing on promising gold-copper porphyry targets while securing $1.1 million to fund upcoming work.

Sarytogan Graphite Limited reports robust drilling results and key contract awards, progressing its flagship graphite project while advancing copper exploration and securing critical funding.

Belararox Limited has commenced diamond drilling at its flagship TMT Project in Argentina and completed initial drilling at its Kalahari Copper Belt project in Botswana, supported by a recent A$8.5 million capital raise and key board changes.

Taruga Minerals has taken a major step forward with a 12-month option to acquire two promising Papua New Guinea projects, backed by a $1.5 million capital raise to accelerate exploration efforts.

Belararox Limited has completed its inaugural diamond drill hole at Toro Central within the TMT Project in Argentina, intersecting extensive sulphide mineralisation and confirming a key geophysical target. A second drill hole is underway, aiming to extend promising silver, copper, and zinc mineralisation identified in historic drilling.

Hot Chili Limited reports significant diamond drilling results at its La Verde copper-gold project in Chile, revealing extensive high-grade mineralisation from near surface and extending previous intercepts. These findings bolster the strategic value of the Costa Fuego project amid rising copper and gold prices.