Latest Base Metals And Gold News

E79 Gold Mines has significantly increased its Mountain Home Project footprint in the Northern Territory, acquiring nearly 500 square kilometres of mineral rights and gearing up for a government-backed exploration push in 2025.

Nimy Resources has successfully completed Phase 2 drilling at its Block 3 Gallium prospect in Western Australia, intercepting key host rock in 9 of 11 holes. Phase 3 drilling has now commenced to explore extensions beyond the original target.

Nimy Resources has launched a Phase 2 drilling campaign at its promising Block 3 Gallium project in Western Australia, aiming to expand known mineralisation and progress towards a maiden JORC resource. The program also supports metallurgical testing critical to commercial development.

Infinity Mining has executed a binding agreement to divest its Leonora Goldfields Project interest to U Resource, which will transfer it to Evergreen Lithium (ASX: EG1). Infinity retains exposure through a substantial EG1 shareholding while refocusing on its core assets.

Red Mountain Mining has raised $400,000 through convertible notes to fund drilling at its Kiabye Gold Project in Western Australia and further exploration at the Armidale Antimony-Gold Project in New South Wales.

Anax Metals reports strong progress at its Whim Creek Copper-Zinc Project, confirming high copper and zinc recoveries via scaled-up bioleaching tests and advancing negotiations with multiple strategic partners. A new tenement application near a major gold deposit further expands its Pilbara footprint.

Red Metal Limited's March 2025 quarterly report reveals robust progress across its rare earth and base metals projects, underpinned by promising drilling results and supportive government funding.

Golden Mile Resources is set to commence its maiden drilling program at the Pearl Copper Project in Arizona, following significant gold and silver assays at the newly identified Aurora Prospect. The company has secured key federal permits, marking a pivotal step in its US exploration campaign.

AustChina Holdings has completed the acquisition of Penwortham Exploration, gaining full control of promising gold-antimony and base metals projects in Tasmania, and has commenced exploration activities in a prolific mining region.

Hammer Metals Limited reported significant progress in its March 2025 quarter, highlighting promising drilling results at Lady Jenny and Mount Mascotte, alongside ongoing joint venture activities and a solid financial position.

Patronus Resources has upgraded its Mertondale gold Mineral Resource Estimate to 480,000 ounces and is progressing a Scoping Study, while also identifying strong VMS potential at its Cardinia Project and expanding strategic investments.

Sunshine Metals has launched a targeted reverse circulation drilling program at Liontown to upgrade shallow oxide gold and silver resources and advance metallurgical studies, aiming to fast-track development amid strong gold prices.