Latest Geological Targeting News

Image Resources NL reports its Atlas mineral sands project has generated positive operating cash flow in its first quarter of operations, maintaining full-year guidance while advancing development studies for the Yandanooka project.

Peregrine Gold Limited has completed key geophysical surveys and aircore drilling at its Newman Gold Project, revealing promising gold anomalies and a significant Channel Iron Deposit near major iron ore operations. The company also successfully raised over $0.8 million, positioning itself for an active exploration phase ahead.

Caspin Resources has revealed significant new high-grade tin mineralisation at its Bygoo Tin Project, supported by a $2.1 million equity raise to accelerate exploration. Ongoing metallurgical testing and a large aerial survey aim to unlock the project's broader potential.

Antares Metals has identified a significant 450-metre copper mineralised vein system near Conglomerate Creek, bolstering the potential for a large-scale copper deposit at its Mt Isa North project in Queensland.

Verity Resources has appointed Dr Rick Gordon and Xirlatem Pty Ltd as strategic advisors to accelerate resource upgrades and expansion at its Monument Gold Project in Western Australia.

S2 Resources has closed its Share Purchase Plan significantly oversubscribed, prompting a pro-rata scale back. The combined funds from the SPP and recent placement will accelerate exploration across multiple Australian projects.

Belararox Limited’s maiden drilling at its TMT Project in Argentina reveals broad copper mineralisation, validating its geological model and setting the stage for advanced geophysical surveys ahead of next year’s drilling campaign.

Nelson Resources reports promising initial rock chip assays from its Yarri Project in Western Australia, revealing high-grade gold exceeding 8 g/t and identifying new geological targets beyond known mineralisation zones.

DMC Mining confirms its exploration permits in Guinea remain unaffected amid a government crackdown on non-compliant mining licences. The company welcomes regulatory reforms aimed at boosting investor confidence and is poised to start exploration once permits are granted.

Lunnon Metals has confirmed notable gold mineralisation at its Defiance West target within the Kambalda Gold & Nickel Project, revealing promising new exploration opportunities along the Foster Thrust shear zone.

Blue Star Helium reports robust natural flow rates from its Jackson 2 well at the Galactica project, with helium concentrations nearing 78%, signaling strong reservoir potential in Colorado.

Pioneer Lithium has reported significant uranium mineralisation at its Skull Creek Project in Colorado, with rock chip samples revealing grades up to 1,240 ppm U3O8 beneath soil cover. The discovery broadens the project's potential with multiple uranium-bearing lithologies identified.