Latest Geological Modelling News

Advance Metals has delivered promising maiden drilling results at its Gavilanes Silver Project in Mexico and moved toward full ownership of its Victorian gold projects, supported by strong gold recoveries and high-grade assays.

Union Star Metals has sharpened its exploration focus on the Cobb Creek Gold Project in Nevada, identifying a significant concealed gold target and progressing toward maiden drilling while divesting non-core assets to streamline operations.

Enova Mining has launched a major 198-hole auger drilling campaign at its Naked Hill Project in Brazil, aiming to map the extent of high-grade ionic adsorption clay rare earth mineralisation. Early results confirm strong recoveries of critical rare earths, underpinning the project's development potential.

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.