Latest Base Metals News

Alvo Minerals has raised $2.26 million through a placement to accelerate drilling and exploration at its Palma Copper-Zinc Project in Brazil, including the promising new Touro Prospect.

Mammoth Minerals has identified a major new 5.5km by 4.2km intrusive complex at its Excelsior Gold Project in Nevada, drawing parallels to the prolific 4.2Moz Goldfield Caldera. Concurrent surveys at its Skyline Project in Canada bolster its base metals exploration pipeline, while plans for a strategic spinout are underway.

CSIRO has sold about half its shares in Chrysos Corporation through a block trade, reducing its stake by roughly 9%, yet remains a committed substantial shareholder with a six-month escrow on its retained shares.

Redstone Resources has revealed significant new copper and cobalt mineralisation at the Tollu Deposit, extending known zones over 400 metres deeper and 130 metres south. These findings hint at a potentially large magmatic sulphide system beneath the West Musgrave Project.

Lodestar Minerals has kicked off its first-ever exploration program at the Virgin Mountain Rare Earth Project in Arizona, targeting historically promising heavy and light rare earth elements amid shifting global supply dynamics.

Ordell Minerals has confirmed significant gold anomalies at its Goodia Project in Western Australia, setting the stage for first-pass drilling in early 2026. The under-explored region offers promising potential for gold, lithium, and base metals.

Iltani Resources has reported compelling assay results from its recent drilling at the Orient Silver-Indium Project, revealing significant silver-equivalent mineralisation that may connect the previously separate Orient West and East resources. The company is advancing with further geophysical surveys and drilling to expand and define this promising zone.

Miramar Resources has validated the presence of Noril’sk-style copper-nickel-PGE mineralisation at its Bangemall Project in Western Australia, despite ending its joint venture with Sumitomo Metal Mining. The company plans to continue exploration in 2026, seeking new partners and government co-funding.

Patronus Resources has confirmed a standout uranium intercept of 10.76m at 2.95% U3O8 at its Thunderball deposit, spotlighting a newly identified Upper Lode and bolstering the prospect of a multi-deposit uranium district in the Northern Territory.

Octava Minerals has verified high-grade indium mineralisation up to 860ppm at its Sweeney’s prospect in Tasmania, with diamond drilling about to commence following promising geophysical survey results.

Corazon Mining has formalised a key land access agreement with the Marputu Aboriginal Corporation, securing tenure and advancing exploration plans at its Two Pools Gold Project in Western Australia.

A former director of Emu NL has lodged a formal application with the Takeovers Panel, contesting the legitimacy of a recent $1.4 million institutional placement and alleging undisclosed attempts to influence board control.