Latest Zinc News

Boab Metals has reported high-grade silver-lead intercepts outside the current Sorby Hills FEED Study pit designs, led by 12.62 metres at 204g/t silver equivalent. The results have pushed the company to extend its growth drilling program as it assesses potential resource, reserve and mine-life additions.

BMC Minerals has moved the Kudz Ze Kayah project through a key regulatory gateway and reported high-grade drilling beyond the current reserve, but its first full year as an ASX-listed company also exposed the funding challenge ahead. The Canadian developer ended FY2026 with US$50.3 million in cash, no revenue and an auditor-highlighted material uncertainty over going concern.

Lode Resources has identified a new polymetallic lode at its Montezuma project in Tasmania, with a narrow interval returning exceptional tin, copper, silver, antimony, gold and lead grades. Three further mineralised zones from the same hole remain awaiting assays, while follow-up drilling is already underway.

Antares Metals has secured $2.57 million to fund maiden drilling at its Quinns project and continued exploration across Queensland and Western Australia. The raise comes with substantial potential dilution, with more than half the shares and all attaching options still requiring shareholder approval.

Kingfisher Mining has remade itself around a 700 square kilometre New South Wales exploration portfolio, with Copper Blow emerging as the flagship after high-grade drilling. The shift came alongside a $1.16 million FY2026 loss, $1.21 million in cash and an explicit reliance on future funding.

Exultant Mining has reported its first consolidated annual results since listing, recording a $1.526 million loss and holding $3.50 million in cash at 30 June 2026. Exploration has advanced across Black Hammer and Peak View, but the company remains dependent on future funding and assay results to justify its portfolio.

Aeris Resources delivered FY26 production within guidance while building a much larger investment program around Tritton, including the Constellation and Mallee Bull developments. The company enters FY27 with no debt, $202 million in cash and receivables, and a sharper test of whether higher spending can convert expanded resources into longer mine life and production.

Lux Copper has begun its maiden drilling campaign at the 100%-owned Baird Copper Project in Alaska, targeting historical high-grade copper results at Omar and Frost. The first assay results are expected in October, creating a near-term test of the project's exploration potential.

ActivEX has identified preliminary rare earth element anomalies across an 8km soil grid at its Aramac Project in Queensland, including 28 samples above 1,000ppm TREE. The readings come from handheld pXRF analysis and must be confirmed by laboratory assays now pending from ALS.

Polymetals Resources moved its Endeavor silver-zinc-lead mine from restart to commercial production in FY2026, generating A$100.0 million in revenue. The milestone came alongside a A$47.0 million loss, negative operating cash flow and an auditor warning over going-concern uncertainty.

Ballymore Resources has reported its strongest Torpy’s intersection yet, with shallow drilling returning 580.4g/t silver, 25.88% lead, 10.08% zinc and 8.7g/t indium over 2 metres. The result extends mineralisation 40 metres up-dip and supports the company’s emerging high-grade shoot model, although the project remains at the exploration stage.

Kingston Resources says infill drilling at Jack’s Hut has confirmed the location and continuity of polymetallic mineralisation targeted for potential underground mining at Mineral Hill. The results will feed into a resource update, while surface drilling in October will test extensions beyond the current resource.