Latest Molybdenum News

Infini Resources has completed a high-resolution airborne radiometric survey at its Portland Creek Uranium Project in Newfoundland, enhancing geological targeting ahead of a planned Phase 3 diamond drilling campaign in Q3 2026.

Noronex has completed a 7,112m drilling phase across its Kalahari Copper Belt projects, confirming copper-silver mineralisation and refining its exploration model with South32’s backing. A 3,000m drill program is slated for late 2026.

Taiton Resources has finalised a placement of 1.14 million shares at 7 cents each, including shares and options issued to insiders following shareholder approval.

AusQuest’s maiden drilling at Playa Kali in Peru has delivered encouraging copper and molybdenum assays, validating the prospectivity of a large iron-oxide copper-gold system and setting the stage for targeted follow-up exploration.

Ballymore Resources has kicked off a deep Magnetotelluric survey at its Dittmer Project, aiming to pinpoint a concealed porphyry copper-gold system beneath a historic high-grade gold mine while advancing underground development and resource drilling.

Austral Resources Australia Ltd has tabled a non-binding proposal to acquire Hammer Metals Ltd at A$0.087 per share, outbidding Larvotto Resources and aiming to bolster its Rocklands copper operations with a substantial new feed source.

Midas Minerals has extended high-grade copper and silver mineralisation at its Spaatzu prospect within the Otavi Copper Project, Namibia, with assays confirming at least 800m strike length and multiple significant intercepts. Exploration across other Namibian projects also shows promising early-stage results.

Alma Metals has acquired a fully equipped 16-person exploration camp at its Briggs Copper Project, enabling a second drill rig deployment and accelerating resource growth and pre-feasibility studies.

West Cobar Metals (ASX: WC1) has expanded the exploration potential of its Baxter Fluorspar Project after satellite spectral analysis revealed extensive alteration beyond historical mines, identifying new fluorite targets along a 3 km corridor. The acquisition, subject to due diligence, offers exposure to a critical US mineral supply chain.

Taiton Resources has issued nearly 1.8 million shares and close to 900,000 options to a sophisticated investor, part of an ongoing placement raising $125,000 so far. Additional shares and options will follow as funds come in.

Golden Globe Resources has launched Phase 2 diamond drilling at its Dooloo Creek project, focusing on deeper copper-gold mineralisation following encouraging Phase 1 results at Eastern Breccia and Northern Gold.

Buxton Resources has sold its 49% interest in the Copper Wolf Project joint venture to IGO for nearly AUD 6 million while keeping full ownership of surrounding prime exploration tenements in Arizona.