News & Updates
Alma Metals raises $3.6 million for Briggs joint venture
Alma Metals is planning to continue drilling within two months at the Briggs Copper Project in Queensland. This year’s drilling will test areas of strong copper anomalism to the northwest of the recently completed drilling program and is the first stage of high-priority infill drilling for a recently approved Prefeasibility Study.
Alma cashes up for drilling across Briggs
Alma Metals (ASX:ALM) has completed an oversubscribed share placement to raise $4 million to fund drilling at the Briggs Copper Project in Queensland.
The company will issue 400 million shares at an issue price of $0.01 per share in two tranches, representing a 16.7% discount to the last trading price and a 23.8% discount to the volume-weighted average price.
Alma starts up ‘major’ drilling across Briggs
Alma Metals (ASX:ALM) has begun a ‘major’ drilling campaign at its Briggs Copper Project in Central Queensland to expand and upgrade the resource estimate ahead of a Prefeasibility Study.
RIU kicks off in Fremantle this week
The RIU Explorers Conference kicks off at the Esplanade Hotel Fremantle by Rydges in Western Australia from 17-19 February, to host up to 130 Australian Securities Exchange-listed companies.
‘Perfect’ balance for Australia’s resources: RIU Fremantle
“It has the perfect balance of the main industries that make up the resources sector,” RIU Conferences General Manager and Vertical Events Business Development Manager Jaxon Crabb describes the upcoming RIU Explorers Conference to Mining.com.au.
The RIU Explorers Conference, held in Fremantle, Western Australia, is kicking off next week, featuring mineral explorers and resources investors alike from 17-19 February 2026.
Alma emphasises Briggs ‘scale and momentum’: RIU Fremantle
Alma Metals (ASX:ALM) is looking to connect with investors at the RIU Explorers Conference to highlight the “scale and momentum” behind its Briggs Copper Project in Queensland, Managing Director Frazer Tabeart tells Mining.com.au.
Alma to drill more at Briggs in 2026
Alma Metals is planning to continue drilling within two months at the Briggs Copper Project in Queensland. This year’s drilling will test areas of strong copper anomalism to the northwest of the recently completed drilling program and is the first stage of high-priority infill drilling for a recently approved Prefeasibility Study.
Alma shows Briggs’ scale coming to light
Drillhole 25BRD0037, which was drilled through the Briggs resource to 809.9m, has returned assays from the top 231.2m. The core logging indicates the strongest copper mineralisation and alteration is visible 100m either side of the contact between the porphyritic granodiorite and the enclosing volcanic sediments at 472m.
Alma enhances Briggs definition with expanding drilling
Alma Metals (ASX:ALM) has extended the ongoing drilling program at the Briggs Copper Project in Queensland, with a new hole which will test below the peak of the surface copper-in-soils geochemical anomaly.
Alma advances towards large-scale copper future
Alma Metals (ASX:ALM) is focused on unlocking the full potential of its Briggs Copper Project in Queensland and is progressing drilling to tap into what lies deep below the surface.
High-premium cash deals fuel copper in Q2
Mergers and acquisitions shaped the copper landscape in the second quarter of 2025, headlined by cash deals being done at high premiums, signalling the ever growing concerns over the depth of the future copper deficit.
Alma cashes up for drilling at Briggs
Alma Metals (ASX:ALM) will recommence drilling at its Briggs Copper Project next month after raising around $1.06 million from its rights issue and shortfall placement, expected to be complete by 2 July.
Foster Stockbroking was engaged with the management of the shortfall placement, where the company will conclude its total raising with an additional $388,039 from secured commitments at issue of the remaining 97.01 million shares.
Alma utilises government grant for Briggs
Alma Metals (ASX:ALM) says the final components of the Scoping Study for the Briggs Copper Project are underway, with consultants appointed to undertake mining and mineral processing studies and at tailings management assessment.
The study is on-track for delivery in the September quarter of 2025.
Alma Metals: Briggs checks boxes for copper boom
Alma Metals (ASX:ALM) is checking the boxes at its Briggs Copper Project in Queensland as the world heads towards a significant copper supply-demand gap.
The most recent achievement was an upgrade in the confidence of the resource to include the indicated category, which provides greater certainty around the grade and tonnages and better supports mine planning and an assessment of a project’s economic viability.
Alma confirms new porphyry discovery at Briggs
Alma Metals (ASX:ALM) has confirmed a new porphyry discovery 300m southeast of the current Briggs Copper Project resource in Queensland.
This news comes after the company received the final assay results from a drilling program into the Southern Porphyry target that returned 270.5m @ 0.22% copper and 16 parts per million (ppm) molybdenum, including 83.8m @ 0.28% copper and 37ppm molybdenum.
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