Latest Gold And Base Metals News

First Au Limited has completed the initial tranche of its $1.5 million private placement, issuing over 4 million shares, while the much larger second tranche awaits shareholder approval at the upcoming AGM.

Sunshine Metals has initiated an 840 line-kilometre helicopter-borne VTEM Max geophysics survey over the Coronation–Highway area, backed by a $231,000 Queensland Government grant. The survey aims to uncover massive sulphide deposits analogous to Sunshine’s Liontown and the historic Highway-Reward mines.

Legend Mining has signed binding term sheets to acquire the Pinnacle Well Project near Leonora, marking its first move beyond the Fraser Range with promising gold and base metals prospects.

Venus Metals Corporation has kicked off EIS co-funded diamond drilling at its Pincher Copper Project, with further campaigns planned at Youanmi and Bellchambers to test promising copper and zinc targets and advance metallurgical studies.

S2 Resources Limited launches a discounted Share Purchase Plan allowing eligible shareholders to invest up to $30,000, accompanied by free attaching options exercisable at $0.11. The capital raise supports exploration across key Australian projects.

Strickland Metals reports robust drilling results at its Shanac Deposit in Serbia’s Rogozna Project, confirming and expanding high-grade gold and base metals mineralisation. The company’s well-funded exploration program continues to advance with multiple rigs active and assays pending.

Strickland Metals has ramped up its exploration efforts at the Rogozna Gold and Base Metals Project in Serbia by deploying a seventh diamond drill rig, intensifying the search for high-grade gold mineralisation ahead of a maiden resource estimate.

Tempest Minerals Ltd (TEM) has reported further metallurgical test results from its Remorse iron ore discovery in Western Australia, confirming high-grade iron concentrate with low impurities. These findings reinforce the project’s potential as a significant iron ore development within the Yalgoo region.

Great Boulder Resources reports striking high-grade gold assays extending the Ironbark deposit at its Side Well Gold Project, signaling a potential resource upgrade and advancing development plans.

Australian Critical Minerals has agreed to acquire Circuit Resources, gaining a substantial portfolio of gold, copper, silver, zinc, lead, and lithium projects in Peru, unlocking immediate drill-ready targets with significant exploration upside.

S2 Resources has raised A$3.5 million through a placement and share purchase plan to fund exploration across multiple Australian gold and base metal projects. The capital injection aims to maintain momentum while balancing shareholder interests.

Australian Gold and Copper Ltd expands its South Cobar Project by acquiring a key tenement, boosting its exploration footprint to 1,400km² and reinforcing its position in a promising mineral province.