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Copper

Apr 23, 2021
Hammer builds war chest to advance copper-gold finds

Hammer builds war chest to advance copper-gold finds

Hammer Metals is pulling together a $6 million war chest to back an aggressive Mount Isa region copper exploration program following its Trafalgar discovery. The company has received firm commitments to raise $5 million under a share placement and will also launch a share purchase plan to existing shareholders to raise up to $1 million… ...

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Apr 17, 2021
New large-scale targets at MaCauley Creek

New large-scale targets at MaCauley Creek

Inca Minerals says it has identified major new porphyry and skarn targets at its MaCauley Creek project, significantly upgrading its exploration potential. It follows an expert review of historical geophysical data, together with geochemistry data (soil and rock chip sampling) collected by Inca and by previous owners of the site, 100km west of Townsville. Among… ...

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Apr 16, 2021
Copper Dome survey reveals positive results

Copper Dome survey reveals positive results

A recent geophysical survey has proven to be good news for Rockfire Resources and its Copper Dome project in Central Queensland. The company said the helicopter survey had returned a much larger target than previously thought at the porphyry copper project. Rockfire Resources said the revised target, based on the new survey information, had increased… ...

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Apr 12, 2021
Ausmex sinks its fangs into King Brown copper-cobalt find

Ausmex sinks its fangs into King Brown copper-cobalt find

Ausmex Mining Group is ramping up exploration efforts around the King Brown outcrop after costean samples producing high-grade copper and cobalt results. It is only through delays in gaining the mining lease for the nearby Golden Mile gold project outside Cloncurry that the company turned its attention to exploring the King Brown area. Ausmex geologists… ...

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Apr 07, 2021
Hammer Metals footage showcases Trafalgar find

Hammer Metals footage showcases Trafalgar find

Hammer Metals has released a video providing an overview of its recent Trafalgar copper-gold discovery and the surrounding trends in North-West Queensland.  In an area littered with historical workings, the company has reported broad copper and gold intercepts. Significant intercepts from two holes drilled in December included 55m grading at 1.12 per cent copper and… ...

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Mar 16, 2021
QMines launches IPO to back copper-gold project

QMines launches IPO to back copper-gold project

A Queensland-based company with plans to revive the Mount Chalmers copper-gold mine near Rockhampton is preparing to list on the ASX by mid-2021. QMines is targeting a $10 million IPO capital raising, plus oversubscriptions, with the funds set to back a major drilling campaign over two years. Its flagship project is the historical Mount Chalmers… ...

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Mar 12, 2021
Cyclone ready to test alkaline leach processing

Cyclone ready to test alkaline leach processing

Cyclone Metals plans to use its Lady Ethleen project in North West Queensland as a demonstration deposit to advance an environmentally friendly alkaline leach processing solution. Cyclone has announced commencement of drilling at the project to obtain samples for trial leaching, saying the work was previously delayed by COVID-19 restrictions. The process to be used,… ...

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Mar 11, 2021
Thalanga survey targets copper-rich mineralisation

Thalanga survey targets copper-rich mineralisation

Red River Resources is increasing exploration activities at its Thalanga operations in North Queensland, targeting copper-rich base metal mineralisation. The program aims to increase production and/or extend mine life at Thalanga, which produces zinc, copper and leadconcentrates, with gold and silver credits. Red River has commenced a microgravity survey, targeting polymetallic and copper-rich mas...

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Mar 10, 2021
Copper gleam in Zenith eyes as exploration accelerates

Copper gleam in Zenith eyes as exploration accelerates

Zenith Minerals executive chairman Peter Bird has described copper as the most underfunded input commodity in the green energy supply chain as the company steps up exploration at Develin Creek and Flanagans. Outlining the work planned in coming weeks at the company’s Queensland copper assets, Mr Bird highlighted the favourable supply-demand balance for red metal… ...

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