Latest Geological Survey News

DeSoto Resources has initiated diamond drilling at its 100%-owned Fenton South Au-Cu Project in the Northern Territory, targeting a large, untested geophysical anomaly. The company also prepares to begin drilling at its fully permitted Spectrum Project, aiming to unlock multiple high-priority mineralisation targets.

Titanium Sands Limited has secured the Terms of Reference for the Environmental Impact Assessment of its Mannar Heavy Mineral Project, marking a pivotal regulatory milestone. The company is also progressing tenure retention applications amid plans for further capital raising.

Encounter Resources Limited has unveiled an ambitious 2025 exploration and development program across its Australian critical minerals projects, supported by significant government co-funding and a strong cash position.

GreenX Metals advances its Tannenberg Copper Project with BHP funding and license expansion, while Greenland projects gain momentum amid soaring antimony prices. The company also confirms a £435 million arbitration award against Poland, facing ongoing legal challenges.

Gold Mountain Limited reports robust exploration progress across its Brazilian portfolio, confirming high-grade rare earth element mineralisation and defining multiple lithium drill targets, supported by a $3.05 million capital raise.

Orpheus Uranium Limited has fortified its Australian uranium portfolio by acquiring the Pirie Basin Project and raising $1.25 million to fund upcoming exploration, positioning itself strongly in key uranium provinces.

Estrella Resources is set to commence the first-ever minerals drilling program in Timor-Leste, backed by strong manganese assay results and a recent $3.75 million capital raise. The company has secured key environmental approvals and community support, positioning itself at the forefront of exploration in this emerging jurisdiction.

Nagambie Resources has uncovered compelling historical and recent data on antimony and gold veins at its Whroo Project, setting the stage for a targeted drilling campaign that could unlock significant value.

Prospech Limited reports exceptional drill assay results from its Korsnäs rare earth element project in Finland, extending the resource envelope with some of the highest grade-thickness intersections to date. These findings reinforce the project's potential amid growing demand for critical minerals in Europe.

AustChina Holdings has entered a binding agreement to acquire Penwortham Exploration, gaining access to promising gold-antimony and base metals projects in Tasmania’s prolific mining districts. The move positions AustChina to leverage modern exploration techniques on historically rich targets.

Trigg Minerals has expanded its New South Wales antimony holdings by acquiring the historic Bukkulla Mine and extending its footprint into the Nundle Goldfield, confirming high-grade antimony potential and setting the stage for systematic exploration.

Legacy Minerals has secured a $3 million capital raise and reported robust exploration results across several New South Wales projects, including high-grade gold-silver zones at Drake and significant PGE intercepts at Fontenoy. These developments position the company for an active 2025 exploration campaign.