Latest Porphyry Copper Deposits News

Fortescue Ltd has announced a binding agreement to acquire the remaining 64% of Alta Copper, gaining full control of the Cañariaco Copper Project in Peru. The deal values Alta Copper at C$139 million and aligns with Fortescue’s expanding copper strategy.

Solis Minerals has secured drilling permits for its Cinto Copper Project in southern Peru, setting the stage for a maiden diamond drilling campaign targeting promising geochemical and geophysical anomalies near major copper mines.

Eagle Mountain Mining Limited has lodged a prospectus for a non-renounceable entitlement offer to raise up to A$1.98 million, supporting exploration and development of its copper-gold projects in Arizona, USA. The offer includes attaching options and follows a recent $1.66 million placement.

Alma Metals reports promising assay results from the top 231m of its deepest drill hole at the Briggs Copper Project, confirming continuous copper mineralisation and prompting an extension of the drilling program.

Early drilling results from the Llahuin Project’s Southern Porphyry target reveal encouraging copper-gold mineralisation and key geological indicators, validating the prospect’s potential for a major discovery.

FMR Resources' maiden drillhole at the Southern Porphyry target within Chile’s Llahuin Project has intersected encouraging shallow copper-gold mineralisation, advancing towards a significant porphyry system at depth.

Zenith Minerals has initiated a 3,000-metre deep diamond drilling program at its Red Mountain Project in Queensland, targeting a Mt Wright-style gold system and a concealed porphyry copper deposit. Supported by government funding, this exploration phase builds on eight years of work and aims to unlock significant resource potential.

Helix Resources reports significant new drilling results from its Gold Basin Project in Arizona, confirming wide intervals of oxide-gold mineralisation suitable for open-pit mining and supporting potential resource upgrades.

Solis Minerals has identified three compelling copper-gold drill targets at its 100%-owned Cinto Project in southern Peru, setting the stage for a maiden drilling program in late 2025. The targets are supported by recent geophysical surveys combined with earlier geochemical and magnetometry data.

Kingfisher Mining has secured a strategic portfolio of copper-gold and base metal projects across New South Wales, backed by a $1.85 million capital raise to accelerate exploration.

Ballymore Resources has doubled the strike length of its Dittmer gold corridor to 4km, uncovering significant high-grade gold anomalies in previously unexplored areas south of the historic mine.

Lodestar Minerals has updated its investor presentation highlighting encouraging early drilling results from its Chilean IOCG and porphyry copper projects, alongside a clear roadmap for upcoming exploration activities.