Latest Molybdenum News

Trek Metals has confirmed that Induced Polarisation (IP) surveying effectively targets concealed manganese mineralisation at its Kuro prospect, with visual manganese found in 43 of 51 recent drill holes. The company also identified a strong IP anomaly at the Coogan copper-gold prospect, planning four drill holes to test it.

Great Southern Mining has kicked off a 1,300m diamond drilling program at Mt Dillon, the highest-priority target in its Edinburgh Park Project, backed by Gold Fields’ funding and expertise.

Caravel Minerals has advanced its Caravel Copper Project DFS with a 48% increase in Proven Ore Reserves and secured $15 million in new royalty funding from Regal Royalty Fund, while extending key regulatory timelines.

Canterbury Resources is pushing ahead with a large-scale drilling program at its Briggs Copper Project while integrating its newly acquired Monto Project, setting the stage for a Pre-Feasibility Study on a potential tier-one copper operation.

Sunshine Metals has unveiled fresh high-grade gold targets at its Sybil project in Queensland following a comprehensive airborne magnetic and radiometric survey. With rock chip samples hitting 21.6g/t Au at Pancho and drilling set to start imminently, the survey reshapes the exploration landscape across Sybil’s epithermal system.

Dreadnought Resources has identified 12 extensive gold mineralised corridors at its Illaara Gold Project, covering nearly 40km strike with only 10% of the greenstone belt tested. Follow-up infill drilling is planned to refine these targets.

Caravel Minerals has completed the mining component of its Definitive Feasibility Study for the Caravel Copper Project, underpinning an updated Ore Reserve of 597 million tonnes at 0.24% copper. The study outlines a staged open pit operation with plans for autonomous haulage and contractor engagement in early mining.

Lodestar Minerals has expanded its Virgin Mountain project in Arizona by 40%, locking in a 5 km corridor of high-grade heavy rare earth mineralisation highlighted by rock chip assays reaching 14.68% TREO with a 59% heavy rare earth oxide content.

Perpetual Resources has completed its first on-site technical assessment of the Nevada Scheelite Tungsten Project, validating key geological features and historical infrastructure. Six rock chip samples have been collected for assay, with results awaited as the company advances its technical work program.

Nelson Resources has kicked off metallurgical testing on samples from its high-grade Orleans Mine and completed underground rehabilitation, setting the stage for a follow-up core drilling program to extend known mineralisation at the Gold Point Project in Nevada.

Hammer Metals has confirmed broad and continuous copper-gold-molybdenum-rhenium mineralisation at its Kalman project, highlighted by a standout 165m intercept grading 1.96% recovered copper equivalent in drill hole K162. The results bolster resource confidence ahead of a planned Scoping Study.

Stelar Metals has revealed multiple rock chip assays exceeding 1% WO3 at its Hill of Leaders Project, marking a significant new tungsten discovery in the Northern Territory. The company is fast-tracking drilling to test the system's scale amid tightening global tungsten supply.