Latest Molybdenum News

Culpeo Minerals has raised $3 million through a placement to fund maiden drilling at its Vista Montana copper prospect and follow-up work at Lana Corina in Chile, aiming to advance its promising copper exploration projects.

Havilah Resources has secured a binding term sheet with Sandfire Resources for a potential $210 million earn-in at Kalkaroo, while reporting high-grade uranium results and raising $2 million in a share placement.

Infini Resources is approaching completion of its Phase 2 drilling at Portland Creek, revealing promising signs of a district-scale polymetallic uranium system, with assay results expected later this quarter.

FMR Resources has completed its first deep drillhole at the Southern Porphyry target within the Llahuin Project JV, revealing geological features indicative of a large porphyry copper system. Ongoing analyses and geophysical surveys aim to refine the understanding of this promising discovery.

FMR Resources has completed its first deep drillhole at the Southern Porphyry target in Chile, revealing geological evidence of a large, vertically extensive porphyry copper system beneath epithermal mineralisation. Further geophysical and geochemical work is underway to refine the system's potential.

Terra Critical Minerals (ASX – T92) has identified notable bismuth mineralisation alongside tungsten, molybdenum, and tin at its Glen Eden Project in NSW, adding a valuable critical mineral to its portfolio amid rising global demand.

Southern Hemisphere Mining has revealed a promising discovery of high-grade oxide copper mineralisation at surface during drill pad preparation at its Ferro South prospect in Chile’s Llahuin Project. Preliminary readings suggest a robust near-surface copper system that could accelerate development plans.

Infini Resources has expanded its drilling program at the Portland Creek Uranium Project, revealing multiple uranium-bearing zones across a broad corridor. Early results suggest a large, district-scale uranium system with promising polymetallic potential.

Cannindah Resources has reported a standout drill intercept of 120m at 1.16% copper equivalent from near surface at its Mt Cannindah Project, confirming significant resource extensions and high-grade continuity.

Alma Metals reports promising assay results from the top 231m of its deepest drill hole at the Briggs Copper Project, confirming continuous copper mineralisation and prompting an extension of the drilling program.

Albion Resources has identified a compelling geophysical and geochemical anomaly at its Ives North prospect, setting the stage for a high-priority drilling campaign in early 2026. The untested target lies near previous high-grade gold intercepts, promising significant exploration upside.

Canterbury Resources reports encouraging initial assay results from deep drilling at its Briggs copper deposit, confirming robust mineralisation and extending exploration potential. Further results and drilling progress are set to shape the project's next phase.