Latest Zinc News

American West Metals expanded its Storm copper resource and reported a major indium-zinc-gold intersection at West Desert during FY2026. But the ASX-listed explorer remains reliant on further funding, with the auditor flagging material uncertainty over its ability to continue as a going concern.

Legacy Minerals enters FY2027 with a larger Mt Carrington resource, a positive preliminary development study and fresh drilling underway, but the proposed mine still requires substantial funding. The ASX-listed explorer reported a A$1.85 million FY2026 loss and held A$6.07 million in cash at year-end.

Manhattan Gold has extended the search footprint at its Jaws target in Nunavut after a 275-metre step-out returned 21.34 metres at 1.72g/t gold. The result takes drill-tested strike to 1.25km, although the company says true widths remain unknown and the work is still exploration-stage.

Ballymore Resources has extended high-grade silver-lead-zinc-indium mineralisation closer to surface at its Torpy’s discovery in North Queensland. The latest drilling supports a multiple-shoot interpretation, but the project remains at an early exploration stage with assays pending and no Mineral Resource defined.

Argent Minerals has intersected 18.2 metres at 187.3 g/t silver beyond the current Lode 100 resource boundary at Kempfield. Further drilling also extended Lode 200 at depth and confirmed mineralisation in under-drilled areas, although the Mineral Resource has not yet been updated.

Sierra Nevada Gold has begun mobilising a five-rig, 25,000m exploration campaign at its As Safra Copper-Gold Project in Saudi Arabia. The program will test Central Copper’s resource potential while opening up more than 12km of broader discovery targets, with first assays expected in November 2026.

Altoro Metals says underground drilling has expanded the apparent width of the Emilia zinc mineralised system beyond 100 metres, although assays from nine holes are still pending. The company is combining four historical workings into one Novales Project as it prepares further drilling, a resource upgrade and mine restart documents.

Xenora Minerals has reduced its annual loss and lifted cash to A$2.17 million while advancing geochemical targets at the Dudley Lithium Project. The next test is whether those anomalies can justify drilling and support the company’s next funding decision.

Great Southern Mining finished FY2026 with A$4.76 million in cash after selling Southern Star to Regis Resources and raising A$4.63 million, while drilling extended gold mineralisation at several Western Australian projects. The exploration story is advancing, but the annual report also contains an apparent inconsistency in the reported annual profit that warrants clarification.

Australian Gold and Copper has reported repeated broad zinc-gold-lead intersections at northern Evergreen, including a peak interval of 26.4% zinc. A 21-hole, 2,593-metre RC program has also finished testing extensions to the prospect’s recent high-grade gold-silver discovery, with assays due from late October to early November.

Sultan Resources has secured firm commitments for a $1.316 million placement to fund its move into Namibia, including initial work at the 171.2 square kilometre Kaalkop project. The deal also carries a substantial option package, with key securities still requiring shareholder approval.

Orbit Resources enters FY2027 with a 17.52Mt Lewis Ponds resource, a preliminary study pointing to a A$481 million pre-tax NPV and a new polymetallic sulphide discovery outside the existing resource. The gains come with familiar junior-miner constraints: a A$3.49 million annual loss, A$3.69 million in cash and further funding still required.