Latest Geological Modeling News

Black Cat Syndicate has reported a 9.86-metre gold intercept grading 27.38g/t at the Lynx lode, including 0.60 metres at 186.27g/t, while initial drilling 600 metres away at Raisebore supports a parallel mineralised structure. Neither target has yet been added to Paulsens’ Mineral Resource, leaving further assays and modelling to do before the scale of the discoveries can be quantified.

Hot Chili has reported broad, shallow copper-gold intersections at La Verde, including 188 metres at 0.56% CuEq and 240 metres at 0.43% CuEq. The results strengthen the geological case for a near-surface mining zone, but the discovery still has no Mineral Resource and 25 drillholes await assays.

Ausgold advanced construction, permitting and drilling at its Katanning Gold Project during the September quarter, while its proposed A$776 million takeover by OceanaGold began to reshape the development timetable. The planned end-2026 resource update and final investment decision have both been deferred as shareholders prepare to vote on the scheme.

QMines has returned its first modern assay results from beneath the flooded Mt Chalmers pit, with two pontoon holes grading nearly 20% above the existing resource model. A high-grade polymetallic lens and 37 pending assays give the drilling campaign a substantial next phase.

Ordell Minerals says new assays confirm wide, shallow gold mineralisation across about 400 metres at McNabs East, with the mineralised zone remaining open. The results are intended to support a maiden Mineral Resource Estimate targeted for the December 2026 quarter, although the resource and any mining decision remain outstanding.

49 Metals has started a fully funded 3,500-metre reverse-circulation drilling program at its Gold Mountain project in Nevada, targeting extensions of the Adit Zone discovery. The first assays are expected in roughly four to six weeks, making the next phase a test of whether the broad mineralised system can translate into greater continuity and scale.

White Cliff Minerals has reported a 76.5-metre copper-silver intercept at Danvers 1, including a 4-metre zone grading 11.19% copper. Three deeper holes also intersected visible copper sulphides, but their grades remain unconfirmed pending assays.

Barkly Rare Earths has reported rare earth mineralisation in 43 of 44 holes at its Northern Territory project, with high-grade intervals in 30 holes. The results strengthen the case for a larger resource, but more than 300 holes and further assays are still ahead before that potential can be tested.

OD6 Metals has secured A$6.92 million from institutional and sophisticated investors to advance drilling, bulk sampling and resource definition at its Quinn Fluorspar Project in Nevada. The funding also sets up a proposed rebrand to Adaven, but brings dilution and a substantial package of shareholder approvals.

BMC Minerals has intersected significant silver, zinc, gold, copper and lead mineralisation in all nine reported holes at the Rhyolite Peak prospect, 1.2km from its proposed ABM mine. Six further assays are pending as the company moves toward completing its 20,000m 2026 drilling program.

Patriot Resources has completed 38 surface samples at its Tassa silver-gold project in Peru, where mapping identified a 120-metre breccia interpreted as the upper part of a preserved epithermal system. The company is now moving south into the newly acquired Tassa 5 tenement while its maiden drill permit application progresses.

Fulcrum Lithium has staked 41 additional claims around its Alkali Flats project in Nevada and reported up to 79% lithium extraction from acid-free roast and water-leach tests. The results improve on earlier water-leach work, although they remain below the company’s 93% to 96% sulfuric-acid benchmark and come from scoping-level tests.