Latest Geological Mapping News

Legacy Minerals has pinpointed multiple strong, blind chargeability anomalies at its Mascotte Prospect, signalling fresh gold-silver opportunities outside its existing 1.6 million ounce resource. Drilling is now active to test these high-priority sulphide targets.

Minerals Exploration Limited has reported rock chip assays with gold grades up to 37.4 g/t and tungsten up to 2.63% at its Glenorchy Tungsten Project in Otago, New Zealand. The company plans a maiden drilling program in late 2026, pending regulatory approvals.

Li-FT Power Ltd. is raising $20 million through a common share offering priced at $2.90 each, primarily to cover care and maintenance costs for its Renard diamond mine option and support corporate activities. The deal includes a 15% over-allotment option and has conditional TSXV approval.

Patriot Resources has expanded its silver-gold footprint in southern Peru by staking the Tassa 5 tenement, increasing its landholding by 50% and pushing the mineralised corridor further south adjacent to its 31.4Moz AgEq inferred resource.

American Tungsten & Antimony plans to restart and expand the Del Sol Refinery and White Spar Mine in the US, contingent on completing their acquisition. The company is preparing for increased processing capacity and new product lines while engaging with regulators and engineering firms.

Pursuit Minerals has unveiled a comprehensive geological mapping study at its Sascha Marcelina Project in Argentina, defining a district-scale volcanic-hydrothermal system with five priority targets and setting the stage for maiden drilling from September 2026.

Godolphin Resources intensifies exploration at Mt Aubrey and Copper Hill East, leveraging a streamlined portfolio and a strategic pivot to precious and base metals in NSW’s Lachlan Fold Belt.

Regener8 Resources has kicked off a Phase 1 ground magnetic survey at its Srebrenica North project, targeting high-grade silver and base metals prospects, while completing a $1.46 million share placement to fund exploration and working capital.

Killi Resources has kicked off a major drilling campaign at its Lodestone Iron Ore Project, aiming to grow and upgrade its 110Mt resource of high-purity magnetite expected to command a price premium.

FMR Resources has boosted exploration confidence at its Los Warbos Project in Chile following a detailed helicopter magnetic and radiometric survey, alongside rock chip sampling that returned significant copper and silver grades.

RUA GOLD has obtained regulatory approval to start exploration drilling at its Glamorgan Project, a promising epithermal gold target adjacent to a major OceanaGold deposit in New Zealand. The company plans a 9,000-metre drill program to test three high-priority targets identified through extensive geophysical and geochemical surveys.

ActivEX Limited has identified multiple high-grade gold, silver, and base metal targets from surface rock sampling at its Georgetown Project in Queensland, revealing promising prospects for further exploration.