Latest Zinc News

Cosmo Metals is gearing up for a significant drilling campaign at its Kanowna Gold Project near Kalgoorlie, while systematic exploration at its NSW projects has revealed two high-priority copper-gold VMS targets. The company also bolstered its balance sheet with a $1.55 million entitlement offer to fund ongoing work.

Peel Mining has agreed to sell its South Cobar Copper Project to Aeris Resources, while spinning off its remaining Cobar Basin assets into a new ASX-listed company, Spectre Metals. Exploration highlights from the Southern Nights Complex and Nombinnie Prospect underpin the growth potential of the new entity.

BMC Minerals has kicked off its 2026 drilling campaign at the Kudz Ze Kayah Project with a standout massive sulphide intercept at the Krakatoa Zone, pointing to potential extensions beyond current reserves and a longer mine life.

TechGen Metals has identified two high-priority exploration targets at its Dalgaranga Gold Project in WA, including a gold target near historic workings and a new VHMS-style base metal anomaly. Both remain untested by drilling in a prolific gold corridor.

29Metals Limited (ASX:29M) swung to a $24 million net profit in 2025, powered by steady copper output at Golden Grove despite seismic disruptions, cost efficiencies, and key progress on growth projects including Gossan Valley and Capricorn Copper restart.

Aruma Resources has kicked off its maiden diamond drilling campaign at the Tillex Copper-Silver Project in Ontario, aiming to expand the known high-grade copper mineralisation and deliver a substantial resource estimate.

Scorpion Minerals has submitted a mining lease application for the Old Prospect gold tenements in WA, moving to secure and expand a high-grade JORC resource through planned drilling and strategic partnerships.

Kingfisher Mining has resumed reverse circulation drilling at its Copper Blow project near Broken Hill, targeting extensions of high-grade copper-gold mineralisation to support a maiden resource estimate. The program follows a strategic processing agreement with Broken Hill Mines, underpinning development plans.

AuKing Mining has agreed to acquire the Tundulu Rare Earths Project in Malawi, a large and under-explored carbonatite complex with strong historical drilling results. The acquisition is supported by a $3 million capital raise to fund exploration and drilling activities.

Krakatoa Resources has restructured its acquisition of the Zopkhito Antimony-Gold Project in Georgia, adopting a staged earn-in model that reduces upfront payments and prioritises capital deployment into exploration and development activities for 2026.

High Peak Royalties has secured an upfront A$50,000 option fee from Massive Metals for a 12-month exclusive call option to acquire its Admiral Bay royalty rights, with potential to extend for another year and a total acquisition price of A$2 million.

Argent Minerals has reported a landmark 133.1m intercept averaging 72.4 g/t silver equivalent from near surface at its Kempfield Project, including a stunning visible gold assay that deepens the resource by 80 metres and underscores its polymetallic potential.