Latest Geological Modelling News

Gibb River Diamonds reports strong Phase 1 grade control drilling results at the Neta Gold Prospect, confirming high-grade gold mineralisation from surface and setting the stage for imminent mining activities.

Marquee Resources has successfully intersected antimony mineralisation in every hole of its initial drilling campaign at the Mt Clement Project, setting the stage for a maiden resource estimate and expanded drilling.

Locksley Resources has completed an oversubscribed capital raising and appointed Tribeca Capital to drive its U.S.-focused critical minerals strategy, targeting rare earths and antimony supply chains aligned with government initiatives.

Critical Resources Limited has executed binding agreements to acquire a strategic gold-antimony portfolio in New Zealand’s Otago and Reefton regions, including the drill-ready Cap Burn project near OceanaGold’s Macraes mine. This low-cost entry into a Tier-1 jurisdiction offers promising exploration upside supported by recent geological analogues and regulatory reforms.

New Age Exploration’s first drilling campaign at Lammerlaw has intersected promising shear zone-hosted gold mineralisation, echoing the renowned Macraes deposit style. The results validate their exploration approach and set the stage for further resource definition.

Aldoro Resources has unveiled promising assay results from its Kameelberg project in Namibia, revealing high-grade niobium mineralisation and extending the deposit to approximately 1,100 meters. These findings reinforce the project's potential as a significant polymetallic resource.

Manuka Resources has confirmed a maiden Probable Ore Reserve of 290,000 tonnes at 4.2g/t gold for its Mt Boppy Open Pit, adding approximately 39,000 ounces to its Cobar Basin production plan. The project delivers a robust pre-tax NPV8 of A$43.2 million and an IRR of 64%, with ore to be processed at the existing Wonawinta plant.

Beacon Minerals has updated the Laterite Mineral Resource at its Iguana Deposit, reporting 1.2 million tonnes at 0.92 g/t gold for 36,000 ounces. This upgrade enhances confidence in the Lady Ida Project’s near-surface gold potential ahead of an ore reserve estimate expected next year.

Hawthorn Resources has initiated an extensive 8000m reverse circulation drilling program at its Anglo-Saxon gold project, aiming to enhance resource confidence and explore expansion opportunities following a positive pit optimisation study.

Caprice Resources has confirmed further high-grade gold intercepts and new mineralised zones at its Island Gold Project, extending known mineralisation and boosting confidence ahead of a fully funded Phase 4 drilling campaign.

Rumble Resources has unveiled multiple high-grade tungsten intersections at its Western Queen Project, with a maiden tungsten resource estimate expected soon. This discovery complements an already significant gold resource, positioning the project as a critical minerals hotspot amid tightening global tungsten supply.

Many Peaks Minerals reports encouraging initial reverse circulation drilling results from its Odienné gold project in Côte d’Ivoire, confirming extensive mineralisation along a major shear corridor. Concurrently, exploration accelerates at the Ferké project with a second diamond rig added to expand core drilling.