Latest Geological Assessment News

Lightning Minerals has reinforced the Warby Tungsten Project's potential with Phase 2 rock chip assays showing five of six samples above 1% tungsten, peaking at 5.46%, and revealing polymetallic mineralisation including gold and tin. The company awaits further soil and drainage assay results to shape Phase 3 exploration.

Evolution Energy Minerals (ASX:EV1) has received official clearance from Tanzania’s Mining Commission to finalise its maiden drilling contract at the Chikundo Copper Project, advancing its local content strategy with three fully Tanzanian-owned contractors shortlisted.

Patagonia Lithium has received an interim technical report confirming promising porosity and lithium assay results from seven wells, setting the stage for a final resource estimate after well eight completion.

Buxton Resources’ initial drilling at the Madman Project has intersected hydrothermal breccia with increasing sulphide content, including pyrrhotite that explains the site’s magnetic anomaly, bolstering hopes for a significant gold-copper system.

Perpetual Resources has completed its first on-site technical assessment of the Nevada Scheelite Tungsten Project, validating key geological features and historical infrastructure. Six rock chip samples have been collected for assay, with results awaited as the company advances its technical work program.

ACDC Metals has locked in a crucial 10-year Retention Licence for its Goschen Central rare earth and heavy mineral sands project, underpinning long-term development plans backed by a robust $384 million NPV8 Scoping Study.

Albion Resources has identified eight fresh gold target zones along 19km of key shear corridors at its Gidgee Gold Project, significantly broadening its exploration prospects beyond the German Well South drill-ready site.

Gibb River Diamonds has released the results of its initial aircore drilling program at the Edjudina Gold Project, revealing gold mineralisation of lower than expected grades but confirming key target geology. Inclement weather cut the program short, prompting a follow-up Phase 2 drilling campaign.

Freehill Mining has secured and reviewed the Mineral Resource Estimate block model for its Blanco y Negro copper-gold project in Chile, enabling accelerated underground mine planning and highlighting growth potential amid a strengthening copper market.

eMetals Limited has solidified its foothold in high-grade tungsten with a binding acquisition in Utah, while its Ugandan gold projects reveal promising soil anomalies amid ongoing exploration.

Dart Mining NL has revealed promising high-grade gold results from rock chip sampling at its Triumph Gold Project, expanding exploration targets near the Norton Mine in Central Queensland. The findings set the stage for upcoming diamond drilling to better define resource potential.

Juno Minerals has completed its initial drilling program at the Mount Ida gold prospect, revealing significant gold intercepts that confirm mineralisation continuity and highlight potential for further exploration.