Latest Electromagnetic Surveying News

Litchfield Minerals’ latest Downhole Electromagnetic survey confirms a large, highly conductive massive sulphide body at the VT2 target, prompting a new high-priority drillhole to test its core.

Lord Resources has released final assay results from its Ilgarari drilling campaign, revealing significant copper mineralisation and validating geological models. The company has deferred its planned entitlement issue, opting to reassess funding needs after evaluating recent drilling and acquisition prospects.

Terrain Minerals’ airborne electromagnetic survey reveals a vast rare earth element target zone at its Lort River Project, highlighting promising high-grade mineralisation and setting the stage for upcoming drilling.

Riedel Resources has finalized drilling plans for its high-grade Kingman Gold Project in Arizona and secured $1.4 million through equity raises to fund upcoming exploration and development activities.

Terra Metals has released its first Mineral Resource Estimate for the Dante Project, revealing substantial polymetallic deposits and a new thick reef discovery, backed by a $15 million capital raise to accelerate exploration.

Prospect Resources reports significant progress at its Mumbezhi Copper Project, with Phase 2 drilling nearing completion and metallurgical tests confirming robust processing potential. Updated resource estimates are expected by late Q4 2025.

Basin Energy has completed its acquisition of NeoDys Limited, gaining a dominant landholding in northwest Queensland rich in uranium and rare earth elements. The company is poised to commence maiden drilling on three district-scale targets backed by government funding and recent capital raising.

Torque Metals reports robust step-out drilling results at its Paris Gold Project in Western Australia, revealing multiple high-grade gold lodes extending well beyond current resource boundaries. New conductor plates identified by electromagnetic surveys signal significant exploration upside.

Litchfield Minerals has intersected approximately 46 metres of disseminated copper-iron sulphides at its VT1 conductor in the Northern Territory, initiating a detailed downhole electromagnetic survey to refine drilling targets and accelerate exploration.

Miramar Resources has secured a $250,000 government refund for its Bangemall geophysical survey, revealing promising Norilsk-style nickel-copper-PGE conductors. The company advances exploration and nears a JV deal with Sumitomo Metal Mining Oceania.

Encounter Resources reports significant resource growth at its Aileron Niobium-REE-Copper Project and maiden inferred copper resource at Yeneena, backed by a strong $15 million cash position.

Aeris Resources reported steady Q1 FY26 production with 10.3kt copper equivalent at AISC of A$4.64/lb, alongside significant growth capital investment and promising exploration results.