Latest Geological Modeling News

Patronus Resources has confirmed that high-grade gold mineralisation extends well below the historical Tally Ho pit and outside the current Mineral Resource at its Pine Creek Project in the Northern Territory, following final assay results from a four-hole diamond drilling program.

Australian Gold and Copper Ltd (ASX: AGC) pushed mineralisation at Achilles beyond 540m, kicked off maiden resource drilling at Browns-Evergreen, and secured the drill-ready Junee Gold Project, supported by a $5 million placement and a near $1 million R&D refund.

Orpheus Uranium is gearing up for its first drilling program at the Frome Project while expanding its foothold in South Australia and Western Australia, supported by a solid $6 million cash position.

Meteoric Resources has significantly boosted its Caldeira Rare Earth Project with a 246% increase in Measured Resources and pilot plant recoveries surpassing pre-feasibility targets, backed by a $40 million capital raise and advancing environmental approvals.

49 Metals has expanded its Gold Mountain discovery in Nevada, confirming a broad mineralised envelope around a high-grade feeder corridor with significant shallow and deep oxide gold intercepts. Further assays are pending, setting the stage for follow-up drilling later this year.

Unity Metals has struck significant gold mineralisation in its maiden drill hole at the O’Phlay Gold Project, intersecting 40 metres at 1.9 g/t gold including a high-grade 5 metres at 10.5 g/t. The discovery points to a promising intrusion-related gold system open at depth and along strike.

Noronex Limited has struck a deal to acquire the Sleitat Tin Project in Alaska, marking a rare US tin opportunity, while pushing forward with copper and uranium exploration programs in Africa backed by South32.

Diablo Resources has acquired an 80% stake in the historic Horn Silver Project, complementing its nearby Star Range assets and advancing exploration with a maiden drill program approved.

Nelson Resources has kicked off underground drilling at its high-grade Orleans Mine while advancing rehabilitation at Great Western Mine and securing a strategic tungsten property adjacent to a major US project. Exploration spending reached $794k, supported by a $2.1 million cash buffer.

Tarrina Resources has revealed substantial high-grade gold intersections over a strike exceeding 1km at its Christmas Gift project, alongside compelling new copper-gold IOCG targets at Walparuta, signalling expanded exploration potential.

Astral Resources has delivered robust assay results from its ongoing in-fill drilling at the Theia deposit, underpinning a resource upgrade and further de-risking the early development phase of the Mandilla Gold Project near Kalgoorlie.

Catalina Resources has significantly expanded its Mid-West gold portfolio through strategic acquisitions funded by a $3 million placement, while advancing exploration with maiden drilling and promising assay results.