Latest Mining In Arizona News

SQX Resources’ subsidiary AM6 has secured final drilling permits for its Red Bird Gold Project in Arizona, enabling the start of a maiden 2,500m Reverse Circulation drilling program targeting high-grade gold mineralisation and extensions.

Eagle Mountain Mining has successfully renegotiated its US$7.25 million loan with Vincere, gaining a 12-month repayment extension and a discounted early repayment option tied to key project agreements.

Eagle Mountain Mining has secured a 12-month exclusive option to acquire the Oracle Ridge copper mine’s surface and mineral rights, positioning the company to potentially restart production on a resource containing 380,000 tons of copper.

Golden Mile Resources reports standout assay results from its Pearl Copper Project in Arizona and Leonora Gold JV in Western Australia, alongside a successful $490,000 capital raise to fund ongoing exploration.

Cobre Limited has released its first Mineral Resource Estimate for the Comet Deposit within Botswana’s Ngami Copper Project, revealing significant copper and silver resources with promising economic extraction potential.

Eagle Mountain Mining reports steady progress on its Arizona copper assets, including ongoing exploration and a strategic board reshuffle, while maintaining a $1.1 million cash position.

Golden Mile Resources has reported encouraging initial assay results from its maiden drilling campaign at the Pearl Copper Project in Arizona, revealing significant copper, lead, zinc, and silver mineralisation. The findings support the potential for a substantial mineralised system and set the stage for further exploration.