Latest Geological Modeling News

Tolu Minerals has increased the Tolukuma gold resource by 81% to 909,000 ounces after four months of full-scale drilling, pushing its reported Papua New Guinea gold inventory above one million ounces. The proposed early 2027 restart now has a larger resource base, but remains dependent on infrastructure, technical work and conversion of resources into mineable reserves.

Minrex Resources has completed its 33-hole Barje infill program and begun a 6,604-metre greenfield campaign at Tlamino in Serbia. The drilling will test whether Barje and Liska form part of a single mineralised system extending more than 1.5 kilometres.

True North Copper has lifted the contained copper inventory across its Cloncurry Copper Project by approximately 18% through a larger Mongoose-Taipan resource. The update gives the late-2026 pre-feasibility study a bigger technical base, but it remains a mineral resource rather than an economic reserve.

Cannindah Resources is accelerating drilling at its Cannindah Breccia deposit after identifying mineralisation beyond the existing resource and along a broader 2km structural corridor. An updated resource estimate, incorporating 45 additional drill holes and new metallurgical inputs, is targeted by the end of September.

Resolution Minerals has reported its strongest gold grades to date at Golden Gate South, including 1 metre at 14.8 g/t gold, while extending the identified mineralised zone to approximately 600 metres. The results point to possible higher-grade feeder zones, but true widths and the broader continuity of the system remain unconfirmed.

Aureka Resources has reported high-grade gold mineralisation beyond the current inferred resource at its Irvine project in Victoria, including a 4.74g/t intercept at depth and the first significant results from a 2km gap between established lodes. The results expand the exploration story, but remain early-stage drilling data with further assays pending.

McLaren Minerals has reported broad, near-surface heavy mineralisation from 61 holes at its Western Australian titanium project, led by 24 metres at 7.54% HM. The results strengthen the dataset for a resource update, but do not yet establish an Ore Reserve or project economics.

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.

Benz Mining’s quarterly loss widened sharply as exploration spending surged at its Western Australian projects, but a subsequent C$148.02 million placement has given the company substantial funding to accelerate Glenburgh drilling. The project’s 10.1-12.0 million ounce Exploration Target remains conceptual rather than a Mineral Resource.

Raptor Metals has identified two conductive systems across its Chester copper project, including the strongest off-hole response recorded near a high-grade drill intersection. The results give the company specific targets for follow-up drilling, but the conductors remain exploration targets rather than a resource estimate.

CGN Resources has intersected gold at three of four targets in its maiden Christmas Well RC program, with Rocky Mountain Oyster returning the strongest result in fresh rock. The early-stage campaign supports follow-up drilling, but does not yet establish a mineral resource or confirm true widths.

Viking Mines has hit 14 metres at 0.56% WO3 in the first assay from maiden drilling at its Linka tungsten project in Nevada. The result confirms mineralisation below historic workings, although a duplicate sample returned a lower grade and no resource has yet been defined.