Latest Gold And Base Metals News

AustChina Holdings has entered a binding agreement to acquire Penwortham Exploration, gaining access to promising gold-antimony and base metals projects in Tasmania’s prolific mining districts. The move positions AustChina to leverage modern exploration techniques on historically rich targets.

Australian Gold and Copper Ltd reports encouraging low-grade copper-zinc mineralisation in a newly defined search space west of the Achilles deposit, with plans to resume drilling and conduct advanced geophysical surveys.

Podium Minerals has become the first Australian platinum group metals developer to join the World Platinum Investment Council, gaining access to vital market intelligence and global industry engagement ahead of production.

Eastern Metals Limited reports promising high-grade gold and copper mineralisation at its Cobar Project, NSW, alongside new geophysical drill targets identified at the Home of Bullion deposit in the Northern Territory.

Oakajee Corporation’s latest quarterly report reveals underwhelming gold and copper assay results from its Paynes Find project, raising questions about the effectiveness of current exploration methods under alluvial cover.

Dreadnought Resources reports robust exploration results including high-grade gold at Mangaroon and niobium at Gifford Creek, alongside new joint ventures and asset sales that position the company for growth.

Kaili Resources has streamlined its exploration portfolio by divesting high-cost, low-return tenements and is intensifying efforts in rare earths and precious metals exploration, targeting promising projects in South Australia and Western Australia.

Voltaic Strategic Resources reports significant gold and poly-metallic mineralisation at its Kooline and Meekatharra projects, alongside a strategic board restructure and a robust cash position of $5.4 million.

Golden Mile Resources reports exceptional assay results from its Pearl Copper Project in Arizona, prompting an expansion of its maiden drilling program to include the Ford Prospect. The company also secures over $1.3 million in funding and establishes a US subsidiary to advance exploration.

Kingston Resources delivered robust production and revenue growth at Mineral Hill in Q4 2024, while advancing a strategic review of its Misima Gold Project to unlock further value.

Everest Metals Corporation is issuing $720,000 in Junior Minerals Exploration Incentive credits to shareholders from its recent $2.4 million capital raising, offering a 30% effective tax credit on investments made during FY24.

Red Mountain Mining reports compelling exploration results at its Fry Lake Gold Project in Canada, alongside promising developments in Australia and a successful capital raise exceeding $700,000.