Latest Molybdenum News

The week was split between big earnings reactions and small-cap rocks-and-rigs rallies. Pro Medicus sank despite record numbers, while a handful of explorers jumped on fresh discoveries and policy wins.

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

Lithium Energy Limited is set to begin a 2,700-metre drilling campaign at its Sandy Creek Gold-Copper Prospect following rock chip samples revealing significant copper, gold, and silver grades. This marks a key step in exploring the Capricorn Gold-Copper Belt Project near the historic Mt Morgan mine.

Dart Mining NL has acquired the Skarn Ridge Copper-Gold and Mt Bauple Graphite projects in southeast Queensland for AUD 25,000, adding two exploration permits to its growing portfolio. This strategic move strengthens Dart’s regional presence and exploration pipeline in a historically mineral-rich area.

Killi Resources has identified a significant gold-copper-molybdenum geochemical anomaly at its Mt Rawdon West Project in Queensland, marking a key milestone with new high-priority drill targets.

FMR Resources has commenced drilling at Target K within the Southern Porphyry zone of the Llahuin Project JV, aiming to unlock new copper-gold-molybdenum mineralisation. This step follows detailed integration of geological and geophysical data refining the exploration focus.

Westar Resources outlines ambitious 2026 exploration plans across Western Australia and the Northern Territory, focusing on gold and base metals with new drilling and sampling programs.

FMR Resources has started drilling at Target K within the Southern Porphyry system of its Llahuin Project JV in Chile, aiming to test a key 500-metre corridor between previous targets. This move follows detailed integration of geological and geophysical data refining the exploration model.

Cannindah Resources has launched a focused drilling campaign at its Cannindah Breccia deposit, aiming to unlock a high-grade ‘GAP’ zone within its existing copper-gold resource. Early results hint at significant grade improvements that could reshape the project’s economic outlook.

Legend Mining’s latest exploration at the Pinnacle Well Project reveals compelling geophysical and geochemical signals that enhance gold prospectivity at the Alpha North prospect, setting the stage for targeted drilling.

Aldoro Resources has identified significant copper-gold targets at its Damara Gold Project in Namibia through detailed geophysical and geochemical surveys, setting the stage for upcoming drilling campaigns.

Infini Resources has confirmed a structurally controlled uranium mineralisation system at its Portland Creek Project in Newfoundland, with Phase 2 drilling assays revealing uranium grades up to 347 ppm U3O8 over a strike length exceeding 2 km. These results underpin the company’s exploration model and set the stage for an expanded 2026 drilling campaign.