Latest Geological Reconnaissance News

Nex Metals has verified a 5-kilometre stretch of gold-bearing quartz veins at its North Henai project in Egypt, setting the stage for systematic assays and shallow diamond drilling within months.

Perpetual Resources has verified a continuous pegmatite system across four trenches at its Mauricio Target within Brazil’s Igrejinha Lithium and Caesium Project, tracing a 167-metre strike open in multiple directions. Assay results are awaited ahead of planned drilling.

Core Energy Minerals (ASX:CR3) has confirmed significant rare earth oxides with a high magnetic component in early sampling at its Campo Largo project, setting the stage for systematic drilling this quarter.

Hot Chili Limited secured A$40 million in a private placement to fast-track development of its Costa Fuego copper-gold project in Chile, buoyed by significant high-grade drill results extending the La Verde discovery footprint.

Voltaic Strategic Resources is set to acquire a key exploration licence adjoining its Ti Tree Project in Western Australia, expanding its footprint in the emerging Gascoyne lithium province near Delta Lithium’s resources. This low-cost deal enhances Voltaic’s strategic optionality for lithium and tantalum exploration.

Koonenberry Gold has launched diamond drilling at the Postman’s Gully Prospect within its Enmore Project, targeting a promising parallel fault zone with historical high-grade gold. Early drill results reveal encouraging geological features, with assays expected by May 2026.

Greenvale Energy has wrapped its inaugural uranium drilling season at the Oasis Project with impressive assay results, confirming significant high-grade mineralisation and setting ambitious exploration targets for 2026.

Battery Age Minerals has initiated a targeted reconnaissance and sampling program at the Apex Germanium-Gallium Project in Utah, marking the first modern exploration in decades at this historically significant site. The move expands their strategic critical metals footprint across the US and Europe.

Redcastle Resources has significantly expanded its exploration footprint in Western Australia’s Leonora–Laverton goldfields through the acquisition of the TBone Belt tenements, adding multiple promising near-surface targets adjacent to its existing projects.

Rapid Critical Metals has completed a $10.5 million capital raise to acquire major silver projects in New South Wales, appointed Byron Miles as Managing Director, and expanded its land holdings near the Webbs Silver Project by 26 times.

Orpheus Uranium has launched a targeted exploration program at its Mt Douglas Project in the Northern Territory, supported by a government co-funding grant and approved permits enabling advanced drilling activities.

GBM Resources reports promising gold anomalism from Newmont’s initial 5,499m air core drilling at the Mt Coolon Project, advancing a key farm-in milestone and setting the stage for expanded exploration in 2025.