Latest Gold And Copper Projects News

Askari Metals has completed a strategic acquisition of the Nejo Gold and Copper Project in Ethiopia and is poised to launch its maiden drilling campaign in early 2026, backed by a strengthened balance sheet and a clear focus on African critical metals.

Mandrake Resources advances its Utah Lithium Project with a significant 3.3Mt lithium carbonate equivalent inferred resource, alongside key agreements for lithium offtake and uranium recovery.

King River Resources advances exploration with new drill and soil sampling results at Tennant Creek, revealing promising IOCG-style mineralisation corridors and appointing a new Managing Director.

Sunstone Metals has reported a 33% increase in its Bramaderos gold-copper resource to 3.6 million ounces gold equivalent, alongside a maiden 1.2 million ounce resource at El Palmar. The company is gearing up for renewed drilling and advancing strategic partnerships.

Westar Resources reported significant progress in its December 2025 quarterly activities, including new tenement grants and advanced data acquisition at key gold and copper projects. The company also completed a partial capital raise, positioning itself for further exploration.

Terrain Minerals has restarted its reverse circulation drilling campaign at the Smokebush Gold & Silver Project in Western Australia, aiming for a maiden resource estimate by mid-2026. The program targets the Lightning and Wildflower prospects with over 6,800 metres planned.

Koonenberry Gold’s recent wide spaced RC drilling at the Hand in Hand Prospect confirms a 2km mineralised gold trend within the Enmore Gold Project, NSW, setting the stage for a major diamond drilling campaign to explore deeper high-grade targets.

Rincon Resources has entered a multi-stage farm-in joint venture with Greatland Resources on its Telfer South tenements, leveraging Greatland’s local expertise and infrastructure to accelerate exploration and development in the Paterson Province.

Koonenberry Gold has intersected visible gold in deep drill holes at its Enmore Gold Project, extending the known alteration zone and confirming a robust mineral system open at depth. The company is well funded and advancing a comprehensive drilling program to unlock further potential.

Taruga Minerals has entered a 12-month option to acquire two advanced gold and copper projects in Papua New Guinea, backed by a $1.5 million capital raise to fund exploration and resource development.

Askari Metals advances its flagship Nejo Project in Ethiopia with strong government backing and a planned maiden drilling campaign targeting high-grade gold zones. The company is well funded and poised for a busy 2026 exploration season.

Askari Metals has raised $1.15 million to fund its first drilling campaign at the Nejo Gold and Copper Project in Ethiopia and to advance exploration at its Uis Project in Namibia. The placement, supported by new and existing sophisticated investors including company directors, positions Askari to accelerate its African exploration strategy.