Latest Gold And Copper News

Flagship Minerals has secured a binding option to acquire the Pantanillo Gold Project in Chile, positioning itself for growth in oxide gold and copper amid a strategic pivot away from lithium. The company also identified new high-priority copper targets at its Rosario project.

Omnia Metals Group has completed a key Heritage Survey at its Salt Creek project and secured $1.59 million through private placements, coinciding with its reinstatement to the ASX official list. The company is poised to commence a significant drilling program targeting gold and copper in Western Australia.

EverGreen Lithium’s 2024 drilling at the Bynoe Project confirms anomalous gold mineralisation but no significant lithium, prompting a strategic pivot to expanded gold and pegmatite exploration in 2025.

Arcadia Minerals has obtained a $150,000 convertible loan facility to maintain working capital and advance development and joint ventures across its key mining projects in Namibia.

Triton Minerals has initiated legal proceedings after a key payment default in its sale of Mozambique graphite assets, while advancing exploration at its new Aucu copper/gold project.

SQX Resources has integrated new drilling data with historical exploration to refine its gold and copper targets at Scrub Paddock and Ollenburgs, while maintaining a solid cash position of $1.64 million.

Kaili Resources reported encouraging assay results from its South Australian rare earth projects, setting the stage for expanded drilling programs, while exiting its Western Australian Holey Dam project due to insufficient mineralisation.

Austin Metals Limited has secured $1.25 million through a share placement to fund drilling programs at its Austin Gold and Ashburton Gold-Copper projects, reporting promising high-grade gold intercepts that validate significant mineral potential.

Rincon Resources has reported a maiden mineral resource estimate at its South Telfer Gold-Copper Project, alongside advancing exploration plans at Laverton with new drilling preparations underway.

Javelin Minerals has reported multiple high-grade gold and copper intersections from its maiden drilling at the Coogee Project near Kalgoorlie, while initiating a significant drilling campaign at its Eureka Gold Project targeting resource extensions and near-term production potential.

CuFe Ltd has announced a substantial upgrade to its Orlando deposit within the Tennant Creek JV, with contained copper and gold soaring by 120% and 89% respectively, while progressing a key scoping study and appointing a seasoned geologist to its board.

Australian Gold and Copper Ltd reports strong assay results from its accelerated aircore drilling program at the Achilles Shear Zone, extending the known mineralisation footprint by at least 1.2 kilometres. With $15.7 million cash on hand, the company is poised for further exploration and resource definition.