Latest Gold And Base Metals News

Pacific Resources Limited (ASX, PXR) has executed a 19-month option to acquire the high-grade Eastern Victorian Goldfields Project, while progressing exploration at its Tasmanian assets and completing a $1.5 million placement.

Enterprise Metals has reported encouraging drilling results from its Vulcan Prospect in Western Australia, revealing significant gold mineralisation and evidence of a substantial copper-zinc-gold system. The findings support ongoing exploration efforts backed by government funding.

Alchemy Resources reported strong exploration progress in lithium, iron ore, and base metals across Western Australia and New South Wales, highlighted by promising drill results and strategic joint ventures.

TechGen Metals has reported significant exploration advances with new high-grade copper and gold targets across multiple projects, supported by a recent $1.2 million placement that strengthens its position for an active 2026 drilling campaign.

Eastern Resources Limited reports steady progress on its Marengo Gold Project farm-in agreement despite ministerial approval delays, alongside ongoing environmental assessments at Nowa Nowa and a director resignation.

Ballymore Resources reports significant progress in Queensland with high-grade gold and silver-lead-zinc discoveries, advancing underground development and preparing for new drilling campaigns.

Australian Gold and Copper Ltd has announced a significant milestone with an initial Mineral Resource Estimate of 38.5 million ounces silver equivalent at its Achilles project, alongside a strategic expansion of its South Cobar footprint through the Browns Reef acquisition.

Omnia Metals Group has completed initial drilling at its Salt Creek Project with limited mineralisation but gained valuable geological insights. The company bolstered its balance sheet with a $1.58 million placement to fund ongoing exploration and strategic acquisitions in the US.

Cosmo Metals has completed its first drilling program at Spring Creek in NSW after nearly 30 years, revealing high-grade gold mineralisation and identifying a new antimony-rich corridor, supported by government grants to advance exploration.

Rokeby Resources has identified multiple new high-grade gold and antimony prospects at its Hurricane Project in Queensland, while advancing exploration at Macauley Creek with plans for early 2026 drilling.

Solara Minerals has completed the first stage of drilling at its promising Degrussa West gold-copper project, with assay results expected soon. The company also secured a $180,000 government grant to support further exploration across its Bryah Basin portfolio.

Cullen Resources Limited has outlined an active exploration agenda for early 2026, advancing drilling programs across its gold and base metal projects in Western Australia and Finland while maintaining a stable financial footing.