Latest Base Metals Exploration News

Litchfield Minerals' recent VTEM survey at the Oonagalabi project has identified five conductor clusters with fourteen Priority 1 sulphide targets, setting the stage for a significant drilling campaign starting mid-September.

Nimy Resources has identified three key conductive plates near a major magnetic anomaly at its Masson discovery, suggesting a significant extension of copper-nickel mineralisation at depth within the Mons Project, WA.

Litchfield Minerals Limited has launched a $1.5 million capital raising to fast-track exploration at its Northern Territory copper-zinc projects, including the advanced Oonagalabi asset. Recent drilling and geophysical surveys highlight promising mineralisation and near-term growth potential.

Litchfield Minerals has successfully raised $500,000 through a targeted placement and is launching a $1 million Security Purchase Plan to fund upcoming drilling campaigns and working capital needs.

American West Metals has launched an offer of over 104 million new options to select investors and advisors, potentially raising $6.28 million upon exercise. The move aims to enhance liquidity and support ongoing exploration projects.

Eastern Metals has agreed to sell its Browns Reef Project to Australian Gold and Copper for $1.5 million, including a unique share distribution to existing shareholders, pending approval in September.

Nimy Resources has identified a significant copper-zinc-gold anomaly at its Sneaky Squirrel Gossan Prospect within the Mons Project, Western Australia, hinting at a potential volcanogenic massive sulphide deposit similar to Golden Grove.

Litchfield Minerals has confirmed a large copper-zinc system and uncovered a new gold-bismuth mineralisation style at its Northern Territory Oonagalabi Project, supported by government grants and ongoing exploration.

Alvo Minerals has progressed multiple prospects at its Palma Copper-Zinc Project in Brazil, secured $1.56 million through an entitlement offer, and expanded its mining services division, positioning itself for growth.

Somerset Minerals has completed its acquisition of the Coppermine Project in Nunavut, Canada, becoming the region's largest landholder and confirming significant high-grade copper mineralisation through initial exploration.

Asian Battery Metals has confirmed significant extensions of massive sulphide zones and high-grade mineralisation at its Oval Cu-Ni-PGE discovery in Mongolia, setting the stage for follow-up drilling and metallurgical testing in the coming quarter.

Octava Minerals has successfully completed the initial phase of its $1.5 million capital raise, positioning the company to advance exploration and due diligence at its promising Federation Copper-Zinc-Silver Project.