Latest Epithermal Systems News

St Barbara Limited is set to exchange its Patronus Resources shares for a significant stake in Geopacific Resources, aligning with its active portfolio management strategy and deepening ties to Papua New Guinea mining projects.

St Barbara Limited reports significant extensions of gold anomalies on Southwest Tatau Island, PNG, with rock chip samples hitting up to 22.5 ppm gold and soil anomalies now spanning 7.3 square kilometres, rivaling nearby Simberi Island.

Mithril Silver and Gold reports compelling high-grade gold and silver channel sampling results from Target 5 at its Copalquin property in Mexico, highlighting a promising new drill target within a district-scale epithermal system.

Sunshine Metals has secured a binding agreement to acquire the high-grade Sybil Epithermal Gold Project near Charters Towers, Queensland, aiming to fast-track near-surface gold production. The acquisition, valued at A$1.225 million, aligns with Sunshine’s strategy to expand its district presence and leverage underexplored epithermal systems.

Sunstone Metals has revealed promising new high-grade gold-silver mineralisation at its Bramaderos Project in southern Ecuador, expanding the scope of its exploration targets and reinforcing the project's potential as a major gold-copper centre.

Geopacific Resources has identified 14 untested porphyry copper-gold targets at its Woodlark Island Gold Project, signaling a new phase of exploration beyond its established epithermal gold focus.

Unico Silver Limited has reported exceptional high-grade silver intercepts from its Phase 2 drilling at Cerro Leon, confirming multiple new discoveries and launching an expanded Phase 3 program to upgrade resources and explore deeper polymetallic zones.

Waratah Minerals’ maiden drilling at Breccia West within the Spur Gold-Copper Project has intersected substantial porphyry copper-gold mineralisation, validating its exploration strategy and highlighting a compelling new drill target.

Alice Queen Limited’s latest drilling at the Viani Project in Fiji confirms high-grade epithermal gold mineralisation extending to 175 metres depth, prompting plans for further drilling and a capital raise to fund exploration.

QMines Limited reports a 42% increase in Indicated resources at Develin Creek following maiden drilling, completes a $4 million capital raise, and moves to acquire the Mount Mackenzie gold-silver project, signaling a strategic expansion in Queensland.

GBM Resources reports promising gold anomalism from Newmont’s initial 5,499m air core drilling at the Mt Coolon Project, advancing a key farm-in milestone and setting the stage for expanded exploration in 2025.

Australasian Metals Limited is streamlining its portfolio to concentrate on near-term exploration wins, launching a new IP survey at its promising May Queen gold project while exiting less viable ventures.