Latest Gold And Base Metals News

Patronus Resources (ASX, PTN) reveals a robust financial position with $70 million in cash and investments against a market cap near $100 million, underpinned by 2.3 million ounces gold equivalent resources in Tier-1 Australian jurisdictions. The company’s active exploration and strategic acquisitions signal promising growth ahead.

Koonenberry Gold (ASX, KNB) reports promising soil sampling results from its Wilga Flats Project in NSW, revealing a 4.2km gold and base metal anomaly akin to the nearby Cowal Gold Mine. The company aims to progress these targets to drill-ready status backed by a strong cash position.

Bastion Minerals has appointed seasoned geologist Ray Muskett to its board and secured shareholder approval to issue up to 750 million new shares, positioning the company for an accelerated exploration phase.

Surefire Resources has identified a significant bedrock conductor at its Copper Hill Project through a recent ground electromagnetic survey, marking a promising step in its copper exploration efforts. This discovery aligns with previous geochemical anomalies and will shape upcoming drilling programs.

Terrain Minerals has initiated an induced polarisation geophysical survey over its Wildflower Gold Prospect, aiming to pinpoint sulphide zones beneath known gold mineralisation. With drilling approvals secured and promising nearby results, the company is poised for a pivotal exploration phase.

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.

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.

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.

Sunshine Metals has raised $5 million through a placement to fast-track exploration at its Sybil epithermal gold targets and advance the Liontown gold study within its Ravenswood Consolidated Project.

Infinity Mining Limited’s 2025 AGM highlighted significant portfolio reshaping, including asset sales and acquisitions, alongside promising exploration results at the Cangai Copper Project.

Godolphin Resources is raising $3.03 million through a placement and entitlement offer to fast-track exploration and development at its Lewis Ponds Project in NSW, following a significant resource upgrade.

Premier1 Lithium has announced its first inferred mineral resource at the Wadgingarra gold project, marking a significant step towards commercial gold production with promising expansion potential.