Latest Geological Assessment News

Discovery Alaska Limited has completed a $354,000 private placement to fund exploration at its Boulder Creek Gold-Silver Project in Idaho, with additional project opportunities under review.

African Gold Limited has agreed to a transformative Scheme of Arrangement with Montage Gold Corp, offering shareholders exposure to a larger gold development platform, while drilling results at Didievi reinforce the project’s growth potential.

Kingsgate Consolidated has delivered a stellar December quarter, boosting cash reserves by 56% and maintaining robust production guidance for FY26 amid favourable gold and silver prices.

Ragusa Minerals has executed a binding agreement to acquire a majority interest in the Purple Pansy manganese-gold project in Arizona, expanding its landholding and raising $600,000 to fund exploration.

OZZ Resources has entered a binding option agreement with Scorpion Minerals to sell its Maguires Reward project, securing an initial $100,000 fee and potential $2.5 million consideration pending shareholder approval. Exploration activity remained subdued across its portfolio during the December quarter.

Adelong Gold has updated its Lauriston Project drilling progress, revealing visible gold in drillhole AC2502 and confirming assay results for six Comet prospect holes are expected in Q1 2026. Drilling has also commenced at the nearby Yankee-Trojan prospect, maintaining momentum in this promising Victorian gold-antimony system.

Ragnar Metals has identified four promising new gold exploration targets at its Harnäs Project in Sweden through reprocessed geophysical data, setting the stage for a maiden drilling campaign in early 2026.

Koonenberry Gold Limited has accelerated its drilling activities at the Enmore Gold Project, reporting multiple visible gold zones and promising assay results that extend mineralisation. Concurrently, the company advances exploration across its Lachlan copper-gold portfolio, backed by a solid cash position.

AEMO forecasts a severe domestic gas shortage in Western Australia from 2028, spotlighting H3 Energy’s Warro gas field as a critical potential solution amid rising prices and technical hurdles.

Almonty Industries has marked a pivotal milestone by delivering the first ore to the ROM pad at its Sangdong tungsten mine, signaling the start of commercial mining and a strategic shift in global tungsten supply chains.

Mount Hope Mining has launched its phase 2 drilling campaign at the Mt Solitary gold prospect, aiming to extend and define high-grade mineralisation and move towards a JORC-compliant resource estimate.

Discovery Alaska Limited has secured an option to acquire a 100% interest in the Boulder Creek Gold-Silver Project in Idaho, positioning the company for growth amid record precious metal prices.