Latest Gold And Copper News

Magmatic Resources has secured 100% ownership of the Weebo Gold Project in Western Australia’s prolific Yandal Greenstone Belt, positioning itself amid five major gold mines. The acquisition complements its NSW copper-gold portfolio and sets the stage for imminent drilling campaigns.

Adavale Resources has been granted exploration license EL9785, including the high-grade Koh-I-Noor gold mine, adjacent to its Parkes Project in NSW. The company plans detailed exploration and a maiden drilling campaign in 2025 to unlock further mineral potential.

Ballymore Resources’ latest drilling at the Dittmer Project in north Queensland has uncovered exceptional bonanza-grade gold intersections, including a staggering 221.31 g/t gold over 0.4 metres. The company is now preparing to test a deep porphyry target that could redefine the project’s potential.

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.

Aguia Resources is ramping up production at its high-grade Santa Barbara gold project in Colombia while advancing a low-capital phosphate operation in Brazil, setting the stage for robust cash flow generation.

Olympio Metals has secured approvals to drill up to 38 holes totaling 10,000 meters at its Bousquet Gold Project in Quebec, aiming to unlock high-grade gold potential along the prolific Cadillac Break. Drilling is set to start imminently, targeting promising zones with historic intercepts.

Australian Rare Earths Limited (AR3) has expanded its Overland Project by approximately 2,000 km², unveiling new copper-gold basement targets alongside ongoing uranium exploration in the highly prospective Delamerian region of South Australia.

Iceni Gold has raised $2.5 million in an oversubscribed placement to fund key drilling programs at its 14 Mile Well Gold Project and initiate exploration at the Welcome Creek copper-gold target in Western Australia.

Cygnus Metals has reported impressive high-grade assay results from its Golden Eye prospect in Quebec, confirming multiple mineralised zones and setting the stage for an initial resource estimate.

Renegade Exploration Limited reports impressive high-grade gold rock chip results from its newly acquired Caisson Project in Nevada’s Walker Lane Trend, highlighting strong exploration potential.

Titan Minerals’ latest drilling at the Cerro Verde prospect within the Dynasty Gold Project reveals significant deeper and lateral extensions of high-grade gold mineralisation, setting the stage for a resource upgrade and advancing mine development plans.

Rincon Resources has secured an option to acquire the Crackerbox Gold Project in Western Australia, a site rich in historical gold and copper mineralisation with promising drill results. The company plans to leverage extensive past exploration data to define a significant resource.