Latest Base Metals News

Lunnon Metals reports significant high-grade gold assay results from infill drilling at its Hustler prospect, confirming two distinct mineralised structures and moving closer to an initial Mineral Resource estimate. Meanwhile, exploration at Defiance West reveals structural complexity with anomalous base metals but no significant gold yet.

High-Tech Metals Limited has appointed James Merrillees as CEO to spearhead exploration and production at its Mt Fisher and Mt Eureka gold projects, aiming to unlock significant value in Western Australia’s Northern Goldfields.

Kuniko Limited has launched a partially underwritten rights issue to fund exploration at its Commonwealth Gold-Silver Project in New South Wales, aiming to capitalise on high-grade multi-metal potential in a Tier-1 jurisdiction.

Boab Metals has extended its option to acquire full ownership of the Sorby Hills Project to the end of 2025, while locking in critical commercial agreements and environmental approvals that pave the way for a final investment decision.

Golden Horse Minerals has completed the acquisition of the Sorrel Copper Project, gaining a significant inferred resource of 88,600 tonnes of copper and setting the stage for exploration and development in a Tier-1 jurisdiction.

Kincora Copper has closed a fully subscribed $4 million private placement, positioning itself to advance drilling at its Condobolin project and expand its exploration portfolio.

Rubix Resources has entered a non-binding agreement to acquire bauxite exploration projects in Cameroon and Congo, with a structured payment plan including cash, shares, and performance rights tied to resource milestones.

Critical Resources Limited is set to commence its first drilling campaign at the Amoco Gold-Antimony Project in NSW, targeting a promising structural corridor with confirmed high-grade surface samples. Drilling is scheduled to begin in early October following pending soil-geochemistry results.

Kuniko Limited has executed a binding earn-in and joint venture agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW, backed by a rights issue to fund exploration and drilling. The project offers significant resource potential in a Tier-1 jurisdiction with existing inferred mineral resources.

Australian Gold and Copper Ltd reports standout near-surface gold and silver assay results from its Achilles discovery in NSW, highlighting significant potential for resource expansion amid robust metal prices.

Lincoln Minerals Limited has announced a supplementary prospectus to raise an additional $750,000 through a Follow-on Placement, responding to strong investor demand beyond its initial entitlement offer.

Rimfire Pacific Mining has identified three promising base metal drill targets near Broken Hill, expanding its exploration focus beyond cobalt. The company is exploring commercial options to unlock value from these discoveries amid a regional mining resurgence.