Latest Zambia News

Patriot Resources has locked in a $3 million placement to fund exploration at its flagship Tassa silver-gold project in Peru and a new copper discovery in Zambia, underpinning its strategy to grow high-grade mineral resources.

AuKing Mining has pushed its first diamond drill hole at the Tundulu Rare Earth Project in Malawi well beyond initial plans, intersecting carbonatite to 510.6 metres and suggesting a larger and deeper intrusive complex than previously mapped.

A2MP Investments FZCO has kicked off an off-market takeover offer for the remaining 44.44% of Canyon Resources shares it does not already control, valuing the company at about A$103 million equity and A$188 million enterprise value. The bid comes amid deteriorating project economics and funding challenges for Canyon's Minim Martap Bauxite Project.

Prospect Resources reveals significant copper extensions at Nyungu Central, with wide intercepts outside current resource boundaries, while maiden drilling at Sharamba shows promising visual mineralisation.

Prospect Resources has boosted its Mumbezhi Copper Project resource by 20%, notably doubling gold content, while commencing an extensive Phase 3 drilling program aimed at further expansion and upgrading.

Atomic Eagle has extended high-grade uranium mineralisation at its Muntanga Project in Zambia, secured crucial environmental permits, and acquired an option on the Sitwe Uranium Project, broadening its exploration footprint.

Patriot Resources has extended its copper exploration corridor in Zambia by 5.5km, identifying two new high-priority IOCG-style targets that could signal a multi-centre mineralised system.

Prospect Resources has received significant assay results from new drill holes extending copper mineralisation beyond the current Nyungu Central resource boundary at its Mumbezhi Project in Zambia.

Prospect Resources has reported thick, high-grade copper intercepts beyond the existing resource at Nyungu Central, underscoring the deposit's growth potential within the Mumbezhi Copper Project in Zambia.

AuKing Mining has rapidly advanced its Tundulu Rare Earths Project in Malawi, confirming extensive carbonatite mineralisation beyond historical targets and securing $8 million to fund an expanded drilling campaign including diamond drilling.

AuKing Mining has obtained export approval from Malawi authorities for its initial drill samples at the Tundulu Rare Earths Project, marking a key step toward upcoming assay results expected in late July.

Patriot Resources’ maiden drilling at the Tonic prospect in Zambia has unveiled a new high-grade copper-silver-zinc-cobalt discovery, validating its exploration model and opening avenues for further resource growth near key infrastructure.