Latest Gold And Base Metals News

Nordic Resources (ASX:NNL) has reported new drill results extending gold-copper mineralisation 30-100m beyond the current resource boundary at its Kopsa project in Finland, with geophysical data suggesting depth continuity. The company plans further drilling and a resource update in 2026.

Lodestar Minerals has expanded its Virgin Mountain project in Arizona by 40%, locking in a 5 km corridor of high-grade heavy rare earth mineralisation highlighted by rock chip assays reaching 14.68% TREO with a 59% heavy rare earth oxide content.

Sunshine Metals has boosted its Liontown gold-silver resource in Queensland, increasing contained gold by 13%, silver by 21%, and overall tonnes by 28%, underpinning plans for mid-2027 gold production at the Mt Moss facility.

Strickland Metals has increased the inferred resource at its Copper Canyon deposit in Serbia, adding nearly 300,000 ounces of gold and enhancing the Rogozna Project's standing as one of Europe's largest undeveloped gold-copper assets.

Aureka Limited has secured a three-year, project-agnostic toll milling agreement with the Wedderburn Gold Processing Mill, positioning its Comstock Gold & Silver Project for early production and exploring processing options for its flagship Irvine Gold Project.

Black Bear Minerals' re-assay of historic drill core at its Shafter Silver Project in Texas reveals significantly higher silver grades and new polymetallic mineralisation, underpinning plans to expand the resource and advance mine restart studies.

Miramar Resources has received a A$238,456 refundable R&D tax offset for FY2025, supporting innovative exploration techniques at its Whaleshark and Bangemall projects. This non-dilutive funding strengthens the company’s cash position ahead of planned drilling and surveys.

Godolphin Resources is launching an IPO for Matrix Critical Minerals to unlock value in its Narraburra Rare Earths Project, targeting a $8-12 million raise and ASX listing in H2 2026.

Red Mountain Mining has identified a significant chargeability anomaly extending over 400m at its Oaky Creek South prospect, setting the stage for a 32-hole drilling campaign starting mid-July 2026.

NewPeak Metals has confirmed a significant polymetallic discovery at its Las Opeñas project in Argentina, with the first drill hole returning 663 metres at 0.41g/t gold equivalent including notable zinc and silver credits. The results position the company to advance towards a maiden resource declaration.

Kingston Resources has reported standout underground drilling results at its Red Terror deposit, Mineral Hill, revealing high-grade gold and copper extensions beyond current resource boundaries and opening new exploration avenues to the north and at depth.

Sunshine Metals has secured the Mt Moss Operation for $18 million, setting the stage for gold production by mid-2027 and progressing engineering, financing, and exploration activities.