Latest Geological Modelling News

Yari Minerals has increased its inferred coal resource at the Rolleston South project by 26% to 190 million tonnes and raised $1.5 million to fund an inaugural drilling campaign aimed at upgrading resource status and confirming metallurgical coal potential.

Arika Resources has initiated a significant 5,000m drilling campaign at Pennyweight Point, aiming to extend known high-grade gold mineralisation and test new geophysical targets within the Yundamindra Gold Project in Western Australia.

Prospect Resources reports significant progress at its Mumbezhi Copper Project, with Phase 2 drilling nearing completion and metallurgical tests confirming robust processing potential. Updated resource estimates are expected by late Q4 2025.

Krakatoa Resources has agreed to sell its non-core Belgravia Project in New South Wales for $350,000, redirecting capital to advance its strategic Zopkhito Antimony-Gold Project in Georgia, a critical minerals asset positioned to serve European markets.

Ragnar Metals has secured an exclusive option to acquire up to 75% of the Harnäs Gold Project in Sweden, a historically productive site with promising high-grade gold mineralisation. The company plans immediate exploration activities to unlock further value.

Kula Gold’s latest drilling at Mt Palmer reveals a promising 3-kilometre gold mineralisation trend, highlighted by significant assay results including a standout 1m intercept grading 16.95 g/t gold. Further assays from diamond core drilling are awaited to deepen understanding.

West Cobar Metals is advancing its air core drilling program at the Mystique Gold Project, revealing a promising 400m anomalous gold horizon. Full assay results are expected in November, potentially reshaping the project's exploration model.

Caspin Resources has announced a maiden inferred tin resource at its Kelpie Deposit within the Bygoo Tin Project, alongside securing an option to earn 80% of the promising Weethalle Gold Project. A recent $4.6 million capital raise positions the company well for upcoming exploration.

Tartana Minerals has announced a maiden inferred gold resource of over 500,000 ounces at its Cardross project, pushing its combined gold resources with Mountain Maid beyond 1 million ounces. The company is exploring processing upgrades to unlock further value from copper and silver credits.

Orion Minerals has taken a major step forward by signing a non-binding term sheet with Glencore for up to US$250 million in financing and offtake agreements, advancing its Prieska Copper Zinc Mine towards production.

Noronex has kicked off a significant 3,000-metre drilling campaign at its Cgae Cgae Copper Project in Botswana, aiming to unlock copper deposits concealed beneath Kalahari sands. This move, backed by a strategic partnership with South32, targets a largely unexplored region with geological parallels to Africa’s prolific copper belts.

Indiana Resources has reported significant extensions of gold mineralisation at its Minos Gold Project in South Australia, with promising assay results from recent drilling and a new air-core drilling campaign underway. The company also maintains a strong cash position following a capital return and strategic management appointments.