Latest Gold And Base Metals News

Ballymore Resources has kicked off drilling at the Torpy’s Crooked Creek silver-lead-zinc mine near Chillagoe, targeting extensions of a historically rich deposit with promising modern geophysical data.

Lightning Minerals reports strong assay results from its inaugural Mt Turner drilling campaign, confirming high-grade gold and base metals mineralisation and setting the stage for expanded exploration in 2026.

Infinity Mining has raised A$1 million through a discounted placement to accelerate exploration in Victoria and advance its innovative mineral extraction partnership at the Cangai Project.

Australian Gold and Copper Ltd has completed the acquisition of a key exploration licence in the South Cobar Basin, expanding its footprint to 2,600 km² and setting the stage for accelerated exploration.

Legend Mining has secured key exploration licences and rights adjacent to its Pinnacle Well Project, significantly enlarging its footprint near Leonora, WA. These acquisitions enhance the project's gold prospectivity and set the stage for upcoming exploration activities.

Critical Resources Limited has strategically expanded its Mavis Lake Lithium Project in Ontario by staking an additional 80 km² of highly prospective land, increasing its footprint to over 400 km². This move strengthens its position in a key lithium and multi-commodity corridor ahead of anticipated market upswings.

Rumble Resources has launched a major drilling campaign at its Western Queen project to expand gold and tungsten resources, while advancing underground mining plans and securing $9 million in fresh capital.

Legacy Minerals reports multiple high-priority exploration targets at Mt Carrington with drilling underway and a metallurgical study initiated, alongside encouraging assay results at Thomson and a major PGE drill campaign at Fontenoy.

Midas Minerals has achieved a key milestone in acquiring the Otavi Copper Project in Namibia and commenced drilling at the nearby South Otavi Project, backed by a fresh $11.5 million capital raise.

Western Mines Group has reported significant nickel sulphide mineralisation in its ongoing Phase 4 drilling at the Mulga Tank Project, alongside securing $3.72 million in fresh capital to accelerate exploration efforts.

Apollo Minerals reports encouraging exploration results from its Gabon projects, highlighting significant gold intercepts at Salanie and a substantial zinc-lead target at Kroussou, while navigating funding constraints and ongoing legal challenges in Europe.

AustChina Holdings has made significant progress in its Tasmanian gold and base metals projects while securing an option to acquire a promising Victorian gold portfolio, supported by plans for a $1.5 million equity raise.