Latest Geological Reviews News

Freehill Mining’s Chilean aggregates operation reached record quarterly sales as the company moved deeper into copper-gold development. But the stronger operating performance came alongside a larger loss, negative operating cash flow and a material uncertainty over its ability to continue as a going concern.

Piche Resources has secured firm commitments for a $1.1 million placement at 1.8 cents a share, with attaching options offering a further potential funding pathway. The capital arrives while the company searches for a new CEO and reviews its project portfolio.

Avira Resources is remobilising its RC rig to resume a 4,500-metre drilling program at Mt Cattlin, with first-pass holes planned at the historically high-grade Sirdar and Ellendale prospects. The next phase follows strong results from Maori Queen and Plantagenet, but the key test will be whether historical grades translate into repeatable mineralisation under Avira’s drilling.

Tivan has won approval to add 50 square kilometres to its Baucau copper-gold project in Timor-Leste, securing ground over a large magnetic anomaly. The expansion comes as the company acknowledges an executive chairman’s personal X post previewed an assay announcement before ASX release and was not authorised under its disclosure policy.

Tartana Minerals has initiated a comprehensive operational and strategic review following a board leadership change, aiming to unlock value from its extensive base and precious metals assets. Drilling is set to resume at the Nightflower silver project in October, while an independent review of the Copper Sulphate plant is underway amid minimal production in 2026.

Savannah Goldfields is launching a substantial 2026 drilling campaign targeting resource growth at its Georgetown and Agate Creek gold projects, aiming to bolster feedstock for its Georgetown processing plant and unlock value at Agate Creek.

Kincora Copper has accelerated exploration activities across its Australian portfolio, including partner-funded drilling with AngloGold Ashanti and sole-funded programs at Condobolin, while divesting its Mongolian assets for US$10 million to sharpen focus and strengthen its balance sheet.

Dalaroo Metals has completed drill pad preparations at its Bondoukou Gold Ridge Project, setting the stage for a fully funded 12,000-metre maiden RC drilling campaign targeting three priority gold zones.

Pursuit Minerals has unveiled a comprehensive geological mapping study at its Sascha Marcelina Project in Argentina, defining a district-scale volcanic-hydrothermal system with five priority targets and setting the stage for maiden drilling from September 2026.

Catalina Resources has completed a major soil sampling program at Kirkalocka, collecting around 1,500 samples to sharpen drill targets ahead of a scheduled heritage survey and maiden drilling campaign.

Talonx Resources (ASX: TXR) reported robust drilling results at its Viking and Blair North gold projects, highlighting a high-grade shallow oxide gold zone at Viking’s Beaker 2 prospect. The company also advanced exploration and licence renewal efforts at its Kihabe zinc-lead-silver project in Botswana, closing the quarter with $0.72 million cash.

Krakatoa Resources is pushing its 2026 drilling program at the Zopkhito Antimony-Gold Project two months ahead of schedule, advancing toward a maiden JORC-compliant mineral resource estimate with multiple technical workstreams underway.