Latest Gold And Copper News

Lithium Energy Limited has won $189,200 in Queensland Government funding to advance exploration at its Bajool Prospect, targeting a significant porphyry copper-molybdenum system within the Capricorn Gold-Copper Belt Project.

Koonenberry Gold Limited has revealed a significant 1.6km strike extension to its Sunnyside gold system at the Enmore Gold Project, highlighted by strong surface assay results including high-grade rock chips. The discovery expands the potential strike length to over 2km, setting the stage for an extensive drilling campaign.

Austin Metals has reported promising drilling results from its Austin and Ashburton Projects in Western Australia, revealing high-grade gold mineralisation and a significant copper-gold system with new structural discoveries.

Pivotal Metals has expanded its exploration footprint at the Lorraine property in Quebec with a high-resolution magnetic survey, revealing new structural targets and potential mineralised intrusions. This development enhances the prospects for high-grade gold and copper-nickel-PGM discoveries in a prolific Canadian greenstone belt.

Novo Resources Corp has significantly enhanced its exploration portfolio with new farm-in agreements and a joint venture with Northern Star Resources, targeting standalone gold and copper projects with over 1 million ounces potential.

Orbminco is launching an extended drilling campaign at its Majestic North Gold Project near Kalgoorlie, aiming to confirm and grow its 39,700-ounce resource. The company is also raising an additional A$0.205 million to fund this ambitious exploration push.

Solis Minerals has intersected promising copper-gold mineralisation including visible gold at its Chancho al Palo prospect in Peru, with assays expected in July/August 2025. The initial drill hole confirms the presence of both IOCG and porphyry-style systems in a highly prospective region.

Koonenberry Gold has reported strong assay results from its sixth drillhole at the Enmore Gold Project, confirming extended and continuous gold mineralisation. The company plans a fully funded follow-up drilling program to further expand this emerging discovery in NSW.

DeSoto Resources has commenced its first diamond drilling program at the Spectrum rare earths, gold, and copper project in the Northern Territory, targeting multiple promising geophysical anomalies.

Adavale Resources reveals promising soil assay and geophysical results at its Ashes-Myalls prospect, indicating fertile ground for gold-copper porphyry deposits akin to nearby Northparkes. The company plans expanded surveys and maiden drilling to advance exploration.

Legacy Minerals has completed its inaugural drilling campaign at the Thomson Project in north-west NSW, intersecting extensive quartz-sulphide veins indicative of promising intrusion-related gold and copper mineralisation. Assay results are pending, with further drilling approvals underway to explore additional targets.

Alkane Resources has secured Swedish regulatory approval for its proposed merger with Mandalay Resources, advancing a significant consolidation in the gold and antimony mining sector. The deal now awaits further approvals before shareholder votes expected in July.