Latest Gold And Base Metals News

Tolu Minerals confirms multiple high-priority porphyry copper-gold targets at its Mt Penck project in Papua New Guinea, supported by an independent geophysical review and surrounded by active exploration including a major Rio Tinto application.

Loyal Metals has intersected an extensive 132.5-meter zone of massive sulphides in its first drill hole at the Highway Reward Copper-Gold Mine, marking a significant milestone in exploration after two decades. This discovery highlights promising copper-gold mineralisation close to the open pit, with follow-up drilling underway.

Miramar Resources advances its exploration portfolio with a new joint venture with Sumitomo Metal Mining and promising drilling results at key projects in Western Australia.

QX Resources has confirmed promising historical uranium grades at its Madaba Project in Tanzania and progressed gold exploration in Queensland, while securing a strategic farm-out for its Pilbara iron ore rights.

Mount Burgess Mining has extinguished nearly $4.7 million in legacy debt and acquired promising gold projects in Western Australia, positioning itself for growth with a fresh capital raise and new board leadership.

Rokeby Resources has confirmed significant gold and antimony mineralisation across multiple prospects at its Hurricane Project in North Queensland, following its maiden drilling campaign. The company secured $1.7 million in an oversubscribed placement to advance Phase 2 drilling and exploration.

Auris Minerals advances its exploration efforts in Western Australia's Bryah Basin with a $3.2 million strategic placement, aiming to expand its geological team and accelerate copper, gold, and rare earth project identification.

Stellar Resources has reported exceptional surface sampling results from its East Renison Project in Tasmania, revealing high grades of silver, tin, antimony, gold, and critical minerals including indium. A government-supported drilling program is set to test promising targets, underscoring the project's growing strategic importance.

Taruga Minerals has identified promising gold and base metal anomalies at its Thowagee South project in Western Australia, supported by new geophysical and geochemical data. These findings set the stage for refined exploration and potential future drilling.

Riedel Resources has finalized drilling plans for its high-grade Kingman Gold Project in Arizona and secured $1.4 million through equity raises to fund upcoming exploration and development activities.

Mt Malcolm Mines NL has announced a pro-rata renounceable entitlement issue to raise up to $2.33 million, partially underwritten by Mahe Capital Pty Ltd. The capital raise aims to fund exploration drilling, repay director loans, and support working capital.

Cosmo Metals has initiated its first-ever drilling campaign at the Spring Creek prospect within the Bingara Project, aiming to unlock the potential of previously identified high-grade gold mineralisation. This program marks a pivotal step in exploring the largely underexplored gold-antimony-copper corridor in New South Wales.