Latest Copper Prospects News

Forrestania Resources is set to begin diamond drilling at its Breakaway Dam Copper VMS prospect, aiming to unlock a potentially district-scale copper system in Western Australia’s Eastern Goldfields.

Moab Minerals is set to acquire full ownership of Imbas Mining, unlocking rights to earn up to 80% of the Sasare Gold and Copper Project in Zambia, a site with notable historic gold production and promising copper targets. The acquisition paves the way for an initial exploration campaign targeting both gold and copper mineralisation.

iTech Minerals has raised $1.4 million through a Share Purchase Plan, exceeding its $1 million target, to fund key drilling projects in the Northern Territory alongside a recent $2 million placement.

Evolution Energy Minerals has successfully closed an oversubscribed rights issue, raising $1.45 million and topping up with an additional $300,000 placement to fund key graphite and copper projects.

Surefire Resources has identified a significant bedrock conductor at its Copper Hill Project through a recent ground electromagnetic survey, marking a promising step in its copper exploration efforts. This discovery aligns with previous geochemical anomalies and will shape upcoming drilling programs.

Diablo Resources has secured key drilling approvals for its Phoenix Copper Project in Utah, accelerating exploration in a critical US copper district. Early surface samples at the Fair Dinkum Prospect show promising copper and silver grades, setting the stage for a pivotal drilling campaign.

iTech Minerals has announced a $2 million equity raise, including a $1 million Share Purchase Plan offering shares at a 14.2% discount to fund key mineral exploration projects and working capital.

Prospect Resources has identified a significant new shallow copper target at its West Mwombezhi prospect in Zambia, with diamond drilling now underway to test promising early results.

Diablo Resources has commenced its first-ever drilling campaign at the Phoenix Copper Project in Utah, targeting two promising prospects with strong surface copper indications. The fully funded program aims to unlock new copper resources near a major producing mine.

Evolution Energy Minerals Limited has announced a renounceable pro-rata entitlement offer to raise up to $1.45 million, aimed at funding early development and exploration activities in Tanzania. The offer includes free attaching options and is partially underwritten, with significant implications for shareholder dilution and company control.

Evolution Energy Minerals has announced a 2-for-5 renounceable entitlement offer to raise up to $1.45 million, including free attaching options and a leadership transition to Managing Director Craig Moulton.

Askari Metals has confirmed the legal validity of its Nejo Gold and Copper Project licences in Ethiopia, paving the way for a comprehensive exploration campaign in a highly prospective mineral region.