Latest Geological Data News

Kairos Minerals has received the final $10 million payment from Pilbara Minerals under a key tenement sale, lifting its cash reserves to $35 million and setting the stage for expanded exploration and feasibility studies at the Mt York Gold Project.

DPM Metals has extended the life of its Chelopech mine in Bulgaria to 2036, supported by a 42% increase in mineral reserves and promising new discoveries. The updated life of mine plan forecasts sustained production of around 160,000 gold equivalent ounces annually.

Elixir Energy has reached 2,320 metres in the Lorelle-3 appraisal well and is preparing to drill the reservoir section targeting the Dunk member of the Tinowon Sandstone, with flow testing planned before mid-2026.

West Coast Silver Limited is undertaking a detailed technical review at its Elizabeth Hill Silver Project to refine exploration targets and development plans for 2026, supported by a solid $6.2 million cash reserve.

Elementos Limited has doubled the inferred tungsten mineral resource at its Cleveland Tin Project in Tasmania, marking a significant milestone as it advances towards a scoping study later this year.

Terrain Minerals has initiated diamond drilling at its Smokebush Gold & Silver Project, advancing toward a maiden JORC Mineral Resource estimate targeted for mid-2026. The company’s exploration momentum continues with ongoing RC drilling at Lightning and upcoming programs at Wildflower.

Austral Resources has acquired the Lady Loretta mine from Glencore for A$45.5 million, significantly expanding its copper resource base and strengthening its cash position. This strategic move consolidates tenure adjacent to the Lady Annie Copper Mine and supports Austral’s ambition to become a mid-tier copper producer in North-West Queensland.

Enterprise Metals has reported encouraging drilling results from its Vulcan Prospect in Western Australia, revealing significant gold mineralisation and evidence of a substantial copper-zinc-gold system. The findings support ongoing exploration efforts backed by government funding.

Citigold Corporation continues to progress its high-grade Charters Towers Gold Project, maintaining stable mineral resources while advancing mine design and funding discussions. The company’s strategic focus on near-surface gold structures offers promising short-term mining opportunities.

Omnia Metals Group has completed initial drilling at its Salt Creek Project with limited mineralisation but gained valuable geological insights. The company bolstered its balance sheet with a $1.58 million placement to fund ongoing exploration and strategic acquisitions in the US.

Great Southern Mining Limited reported significant gold intercepts from its Western Australian and Queensland projects during the December 2025 quarter, alongside securing up to A$337,500 in government co-funded drilling grants.

Australasian Metals Limited has reported promising exploration results at its May Queen gold and bauxite projects, alongside strategic reviews of lithium assets and a solid cash position heading into 2026.