Latest Gold And Base Metals News

Patronus Resources enters FY2027 with approximately 2.3 million ounces of gold-equivalent Mineral Resources, $65.1 million in cash and liquid investments, and a 30,000-metre Northern Territory drilling campaign underway. The annual report also records an $8.6 million net loss and a proposed uranium rights transaction that remains conditional.

Australian Gold and Copper has reported repeated broad zinc-gold-lead intersections at northern Evergreen, including a peak interval of 26.4% zinc. A 21-hole, 2,593-metre RC program has also finished testing extensions to the prospect’s recent high-grade gold-silver discovery, with assays due from late October to early November.

Red Hill Minerals has more than doubled FY2026 net profit to A$20.1 million as its Onslow Iron royalty delivered A$28.8 million in income. The ASX-listed miner declared a fully franked final dividend of 10.8 cents per share, taking FY2026 distributions to 22.4 cents per share.

Australasian Metals has locked in a three-month exclusive option to acquire majority stakes in two promising lithium projects in Côte d'Ivoire, marking a strategic move into West Africa's emerging critical minerals scene.

TechGen Metals has wrapped up diamond drilling at its Blue Devil Project in East Kimberley, intersecting pyrite-rich sedimentary rocks and quartz-carbonate-pyrite zones that hint at an intrusive-related gold system. Initial assay results are due next month, potentially setting the stage for further exploration.

Dundas Minerals (ASX:DUN) posted a $5.05 million net loss for FY2026 while advancing its Western Australian gold projects and refreshing its leadership team.

Dalaroo Metals has kicked off a fully funded 12,000-metre RC drilling campaign at its Bondoukou Gold Ridge Project in Côte d’Ivoire, targeting a 7 km gold-in-soil corridor with multiple high-grade prospects and promising early geological signs.

Strickland Metals is reshaping its leadership team with key departures and appointments as it shifts focus from exploration to development at its Rogozna Project in Serbia.

Australian Gold and Copper Ltd (ASX: AGC) has delivered a major new high-grade polymetallic discovery at its South Cobar Evergreen prospect, with drill hole 26DDBR017 returning standout assays that extend the known mineralisation by 150 metres. The company is advancing follow-up drilling to define this promising zone.

Mammoth Minerals has intersected a fresh high-grade gold zone over 700 metres from its historic Buster Gold Mine in Nevada, expanding the Excelsior Project's mineral footprint. Concurrent surface sampling at the Blue Dick Prospect confirms extensive silver and gold mineralisation, underpinning a robust drilling campaign across multiple targets.

Red Mountain Mining has kicked off its first reverse circulation drilling campaign at the Armidale Antimony-Gold Project in NSW, aiming to test high-grade orogenic antimony-gold mineralisation at the Oaky Creek prospect. Seventeen holes are planned over three weeks, with assay results expected next quarter.

Wildcat Resources has delivered robust lithium assay results from its Bolt Cutter Central discovery and Tabba Tabba project, while tripling its exploration strike length through a strategic tenement rights acquisition.