Latest Airborne Geophysics News

Adavale Resources has wrapped up its 85-hole drill program at London-Victoria with strong assay results confirming broad and high-grade gold mineralisation beyond the existing resource boundary. An updated Mineral Resource Estimate is expected in Q3 2026, setting the stage for a scoping study.

Palisade Metals has boosted its Finley Basin Tungsten Project landholding by 87% to over 696 hectares, setting the stage for maiden drilling in Q3 2026 aimed at validating historical tungsten mineralisation in Montana.

QX Resources has unveiled a significant JORC-compliant Exploration Target for its Madaba Uranium Project in Tanzania, estimating 18–33 million pounds of uranium oxide at grades suitable for open-pit mining. The company aims to convert this target into a maiden Mineral Resource with drilling planned for late 2026.

AuKing Mining is set to acquire Green Exploration Limited, gaining full ownership of multiple Malawian projects rich in rare earths and copper, including the Machinga Heavy Rare Earths and Ngala Hill Copper/PGE assets.

Adavale Resources' latest assays from five drill holes reveal consistent, wide gold mineralisation beneath the London-Victoria open pit, reinforcing expectations for a resource upgrade this quarter.

Infini Resources has confirmed compelling radiometric anomalies and structural targets at its Portland Creek project in Newfoundland while completing maiden drilling at its Saskatchewan projects, setting the stage for a busy 2026 drilling campaign.

Dome Gold Mines (ASX:DME) is raising up to AUD 2 million through unsecured convertible notes to accelerate its Sigatoka feasibility study, mining lease application, and copper-gold exploration amid rising metal prices.

DeSoto Resources has restarted a 10,000m power auger drilling program and launched a 6,262-line kilometre airborne geophysical survey across multiple projects in Guinea’s Siguiri Basin following government approval after a pause due to illegal mining enforcement.

LE Minerals (ASX:LEL) reported a strong $60.4 million cash reserve as it progresses a $20 million sale and spin-out of its Queensland graphite assets to M Battery Materials. Meanwhile, exploration at its Capricorn Gold-Copper Belt and White Plains Lithium projects continues with mixed early results.

Infini Resources has launched its first-ever diamond drilling campaign at the Reynolds Lake and Reitenbach Lake uranium projects in Saskatchewan, while final assays from its Portland Creek Phase 2 drilling confirm a structurally controlled uranium system over a 6 km strike.

Vital Metals has confirmed and expanded rare earth and niobium mineralisation at its Tardiff deposit in Canada, with high-grade drill results pushing beyond the existing resource envelope. Anomalous gallium values also emerged, prompting further study.

Bison Resources (ASX: BSR) has launched its maiden exploration campaign across four Nevada projects following a $5.5 million IPO, revealing a promising 1.5-kilometre arsenic-antimony anomaly at Bald Peaks indicative of a Carlin-type gold system.