Latest Metals News

Kali Metals has significantly extended the gold-in-soil anomaly at its Marble Bar Project, increasing the strike length by 80% to 9.5 kilometres. The company is now prioritising gold exploration while maintaining lithium as a secondary focus.

Lucapa Diamond Company has identified two significant conductive base metal targets at its Merlin Diamond Project in the Northern Territory, marking a major milestone after 25 years without geophysical surveys. These targets lie just 50km from the world-class McArthur River zinc-lead mine, suggesting strong exploration potential.

Strickland Metals reports a significant 80.2m intercept grading 1.9g/t AuEq at its Shanac Deposit in Serbia, setting the stage for a resource upgrade in March 2025.

Dart Mining's latest rock chip assays from the Triumph Gold Project reveal significant high-grade gold and silver mineralisation, confirming historical data and opening new avenues for exploration and resource growth.

Sun Silver Limited reports exceptional drilling results from its Maverick Springs Project in Nevada, revealing a standout 132.59m mineralised intercept with high silver-gold grades that surpass current resource averages, highlighting significant growth potential.

Catalyst Metals is on track to nearly double its annual gold production to 200koz by revitalising the Plutonic East mine, backed by strong grade control drilling results and a modest A$31 million capital plan.

Nico Resources Limited reports steady progress on its flagship Wingellina nickel-cobalt project, highlighted by successful metallurgical testwork and Major Project Status recognition, despite cautious spending amid weak market conditions.

Boab Metals has locked in a US$30 million prepayment facility with Trafigura for its Sorby Hills Lead-Silver-Zinc Project and received key environmental approvals, setting the stage for a final investment decision in the second half of 2025.

Centrex Limited has updated the timetable for its $10.4 million Entitlement Offer, with the offer opening on 28 January and closing on 19 February 2025. The company aims to bolster its position in sustainable agriculture through this capital raise.

Litchfield Minerals Limited reports significant progress in Northern Territory exploration, including strategic acquisitions and advanced geophysical surveys, while managing weather-related delays to drilling schedules.

Andromeda Metals has secured a $2.34 million R&D tax refund for the 2024 financial year, reinforcing its funding strategy and underpinning development of the Great White Project.

Xanadu Mines has lodged a comprehensive NI 43-101 technical report for its Kharmagtai Copper-Gold Project, revealing key differences in production and economic outcomes compared to earlier ASX disclosures due to regulatory standards.