Latest Copper Prospects News

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.

Ballymore Resources has raised $4.5 million through a well-supported placement to accelerate exploration and development across its North Queensland projects, including the promising Dittmer gold deposit.

Antares Metals has reported striking rock chip assay results from its Mt Isa North project, revealing copper grades as high as 22.3% at Startle and 16.2% at Moonside, alongside promising gold values. These findings underscore the company’s advancing exploration efforts in a historically rich copper region.

EMU NL has advanced its Yataga Copper Project to drill-ready status with a maiden drilling campaign planned, while assessing monetization options for its Badja Gold Project amid ongoing corporate governance and privacy issues.

Evolution Energy Minerals advances its development-ready Chilalo Graphite Project in Tanzania, targeting a Final Investment Decision by mid-2026 while exploring promising copper prospects and strengthening its leadership team.

Sultan Resources advances exploration in NSW’s Lachlan Fold Belt with promising gold-copper targets while managing a modest capital raise and reviewing WA assets.