Latest Epithermal Systems News

Koonenberry Gold (ASX:KNB) has pinpointed a significant near-surface porphyry copper-gold target at its Dunedoo Project in NSW, backed by robust geological, geophysical, and geochemical data. Drill permits are secured for a Q3 2026 campaign targeting multiple priority prospects including Bolinda Vale, Hillside, and Tucklan.

Legacy Minerals has confirmed a new gold-silver epithermal mineralised system at its Mascotte Prospect, with assays showing gold grades up to 9.7g/t Au and significant base metals. The discovery lies entirely outside the current 1.2Moz AuEq Mt Carrington resource, opening the door for resource expansion.

Sunshine Metals has kicked off a comprehensive airborne magnetic and radiometric survey at its Sybil Gold Project in Queensland, setting the stage for a drilling program targeting multiple high-grade prospects including the first-ever tests at Francis Creek East.

Great Northern Minerals has unveiled a maiden Inferred Mineral Resource Estimate at its Iron Butte Gold-Silver Project in Nevada, quantifying 480,000 ounces of gold and 11.5 million ounces of silver. The deposit remains open for expansion, with drilling planned for Q3 2026 backed by $3.9 million in cash.

Great Northern Minerals Limited has voluntarily suspended trading of its securities on the ASX pending an updated Mineral Resource Estimate for its Iron Butte Gold-Silver Project, with trading expected to resume by 15 June 2026.

Sunshine Metals has agreed to sell its Hodgkinson Project to EQ Resources for $250,000, freeing up capital and management bandwidth to accelerate gold production at Mt Moss and exploration at Sybil.

Helix Resources has boosted the inferred Mineral Resource at its Gold Basin project in Arizona to 280,000 ounces of gold, underpinning its farm-in strategy and advancing development prospects.

FMR Resources has identified several large-scale magnetic intrusive centres beneath known copper-gold mineralisation at its La Lorena Project in Chile, setting the stage for drill testing in late 2026.

Killi Resources has significantly extended the King Louie Breccia gold-copper-molybdenum anomaly at its Mt Rawdon West Project, setting the stage for imminent drill testing backed by government funding.

Legacy Minerals has received NSW Government approvals for an 8,000m diamond drilling campaign at its Mt Carrington Project, targeting promising extensions at Mascotte and first-ever modern testing at the Emu copper-gold prospect.

Pursuit Minerals has kicked off fieldwork at its Sascha Marcelina gold-silver project in Argentina, confirming a significant mineralised system and preparing for a maiden drilling program.

Great Northern Minerals has pinpointed two fresh drill targets at its Iron Butte gold-silver project in Nevada, potentially broadening the mineralised zone beyond the current resource footprint. Supported by strong soil anomalies and rock assays, these targets reinforce the project's epithermal system credentials and feed into an imminent maiden resource estimate.