Latest Geological Modeling News

Stavely Minerals is set to restart reverse circulation drilling at its Fairview gold prospect in Western Victoria, aiming to validate a major mineralised structure linked to high-grade copper-silver zones nearby. This move reflects a strategic pivot towards gold exploration in response to soaring gold prices.

First Au Limited has entered a binding term sheet to progressively acquire full ownership of the Nimba Gold Project in Liberia, backed by a planned A$1 million equity raise to fund exploration. The project’s proximity to a major West African gold mine and promising drill results position FAU for a strategic expansion into a stable, mining-friendly jurisdiction.

Antipa Minerals has updated its Minyari Project Mineral Resource Estimate, increasing gold resources by 100,000 ounces to 2.5 million ounces and reinforcing the project's standalone development potential with significant copper, silver, and cobalt by-products.

Strickland Metals has broadened its high-resolution gravity survey at the Yandal Gold Project to cover 19km of strike, targeting new Intrusion Related Gold zones. The company also secured government co-funding for upcoming diamond drilling at its Dusk ‘til Dawn target.

Yandal Resources has unveiled comprehensive diamond drilling results from its Siona discovery, revealing broad zones of gold mineralisation with promising higher-grade veins. The company is set to launch a significant air-core drilling campaign at Caladan, aiming to expand its exploration footprint.

Tempest Minerals has enhanced geochemical sampling at its Sanity Prospect within the Yalgoo Project, confirming a robust gold anomaly and setting the stage for targeted drilling.

Great Western Exploration has reported its most compelling geochemical signature to date at the Oval Copper-Gold Target, setting the stage for a focused ground gravity survey to refine exploration for a major VHMS system.

Terrain Minerals has kicked off a 3,350-meter drilling campaign at its Lightning and Monza prospects, aiming to expand on recent high-grade gold and silver discoveries. Concurrently, the company has opened a $1.8 million rights issue to fund ongoing exploration and development.

Aguia Resources has initiated a 25-hole diamond drilling campaign at its Santa Barbara Gold Project in Colombia, aiming to define a maiden JORC resource and explore extensive vein systems.

Riversgold Limited reports metallurgical tests confirming over 90% gold recovery at its Northern Zone project near Kalgoorlie, alongside promising drilling results that pave the way for a maiden resource estimate.

True North Copper has completed a significant drilling campaign at the Great Australia Mine and initiated a major exploration program at Mt Oxide, targeting new copper mineralisation outside existing resources.

Regis Resources reports a solid increase in Mineral Resources and Ore Reserves for 2024, driven by significant underground growth at Duketon and Tropicana. Exploration success at key sites underpins confidence in extending mine life and expanding underground operations.