Latest Molybdenum News

Hammer Metals has kicked off a Reverse Circulation drilling campaign at its Mount Isa Kalman project, aiming to upgrade inferred copper-gold resources and expand near-surface mineralisation. The program supports an upcoming Scoping Study and reflects optimism due to recent strength in copper, molybdenum, and rhenium prices.

Talisman Mining’s first air-core drilling at East Peak Hill in NSW uncovers promising gold and copper-cobalt-zinc mineralisation, setting the stage for a follow-up program in May to test vein-style gold and porphyry copper-gold targets.

Sarytogan Graphite Limited has upgraded its Central Graphite Zone resource, marking a key milestone with Measured classification and progressing its Definitive Feasibility Study. Meanwhile, copper exploration reveals promising anomalies, backed by fresh capital injections.

Investigator Silver has locked in a robust Definitive Feasibility Study for its Paris Silver Project, backed by a strategic A$55 million placement to fast-track early works and financing.

Elementos Limited has made significant strides in developing its tin and tungsten assets, with progress on Oropesa’s permitting and a major resource upgrade at Cleveland. A $29.5 million strategic placement bolsters its balance sheet for upcoming milestones.

Pacific Resources (ASX: PXR) has progressed technical due diligence on its optioned Eastern Victorian Goldfields Project, outlining a conceptual 6,000 to 25,000-ounce gold target at Ernestine. Meanwhile, channel sampling at its Tasmanian Sulphide Creek Project is complete, with assay results pending.

Southern Hemisphere Mining has completed Phase I drilling at its Southern Porphyry target in Chile, confirming a large hydrothermal system and delivering encouraging assay results. The company is gearing up for Phase II drilling targeting the elusive high-grade core.

Aldoro Resources has reported a 354.2-meter continuous intercept of rare earth elements and strontium at its Kameelburg project, confirming significant northwest extension of mineralisation and reinforcing the deposit's growing scale.

Lithium Energy has wrapped up diamond and air core drilling at the Bajool Prospect, unveiling geochemical trends aligned with a potential porphyry system, while awaiting critical diamond core assay results.

Antilles Gold has ramped up construction at its Nueva Sabana gold-copper mine in Cuba, with a $35 million funding package in place and production slated for early 2027. The company is also progressing pre-development and exploration activities on multiple Cuban concessions.

Taiton Resources has raised $1.25 million through a discounted placement to accelerate drilling at its Highway Copper-Gold Project, including immediate work on the high-priority Yogi IOCG target, alongside exploration at Challenger West and technical studies at Kingsgate.

AusQuest gears up for maiden drilling at two promising copper-gold prospects in Peru, aiming to build on the momentum from its Cangallo discovery. Over 8,000 metres of Reverse Circulation drilling are set to test high-priority IOCG and porphyry targets starting Q2 2026.