Latest Geological Mapping News

Kincora Copper says 2026 drilling has identified multiple porphyry-style intrusive complexes across its Nevertire and Nevertire South licences, expanding the interpreted prospective strike beyond 40 kilometres. The results remain early-stage, but AngloGold Ashanti’s potential A$100 million earn-in gives the exploration program meaningful financial backing.

Parbo Resources has completed a $5 million IPO raise ahead of a proposed ASX listing, giving the pre-revenue explorer fresh funding for its Western Australian projects. Its FY2026 accounts show a $187,285 loss, $2.29 million in cash at year-end and $1.31 million in capitalised exploration assets.

Mamba Exploration has confirmed 165 historical copper intersections across a 3km corridor at its 70%-owned Meeka East project, supporting a new felsic volcanic exploration model. The company plans further mapping, geophysics and drilling, although the historical data is not sufficient to define a mineral resource.

Bayan Mining and Minerals has begun a third phase of surface sampling at its Bayan Springs South gold project in Nevada, extending an open southern anomaly and testing a previously unsampled northern fault intersection. The work is intended to sharpen drill targets, while assays from the company’s completed Desert Star RC program are expected in October 2026.

Daly Resources says a 10.7-kilometre soil traverse has revealed fluorine anomalies beyond known Huckitta fluorite outcrops, including beneath transported cover. A new western vein and high-grade rock-chip results have widened the exploration target, but drilling is still required to test continuity and scale.

Taruga Minerals has identified a new northeast-trending gold-copper zone at Uaroo Ridge in Western Australia, led by a rock chip grading 1.4g/t gold and 4.3% copper. The result expands the prospect’s exploration footprint, but remains an early-stage surface sampling result with no drilling or resource estimate.

Dalaroo Metals has identified coincident geophysical and geochemical features at its Watheroo Cu-Ni-PGE prospect, including a modelled chargeability response of approximately 18 mV/V. The results support plans for deep RC drilling, but the anomalies remain unproven and could have non-mineralisation sources.

US1 Critical Minerals has agreed to transfer six Tanzanian uranium licences to Bradda Head Lithium for up to US$1.8 million, while retaining its Lilombe Project. The deal remains subject to regulatory approvals and other closing conditions.

Resources & Energy Group has reported strong gold intercepts from grade control drilling at its Maranoa project in Western Australia, including 2 metres at 15.84g/t and 4 metres at 10.38g/t. The results support further mine-planning work, but do not yet change the deposit’s existing inferred resource.

Tivan has won approval to add 50 square kilometres to its Baucau copper-gold project in Timor-Leste, securing ground over a large magnetic anomaly. The expansion comes as the company acknowledges an executive chairman’s personal X post previewed an assay announcement before ASX release and was not authorised under its disclosure policy.

OD6 Metals has submitted a Plan of Operations covering up to 139 drill pads and bulk sampling at its Quinn Fluorspar Project in Nevada. The application moves the project towards its first systematic drilling campaign, but approval from the U.S. Forest Service remains outstanding.

Cosmo Metals has secured approval for up to 2,200 metres of maiden drilling at the Mona copper-gold-silver prospect in New South Wales. The campaign will test whether striking grades from historic mine dumps reflect concealed sulphide mineralisation below the old workings.