Latest Geology News

Polymetals Resources has hit a production milestone with the start of high-grade Upper North Lode mining and first Direct Shipping Ore sales, driving a surge to $27.8 million revenue and positioning the Endeavor Mine for sustained growth.

Orpheus Uranium has secured key regulatory approvals for advanced exploration across multiple projects and raised $4.37 million, including a cornerstone investment from IsoEnergy, as it prepares for a busy 2026 drilling season.

49 Metals Limited has secured $10 million through its IPO to fund a detailed exploration campaign in Nevada’s Walker Lane Trend, including an 8,000-metre drilling program at the Gold Mountain project targeting high-grade gold zones.

Loyal Metals has exercised its option to acquire 100% of the Highway Reward Copper-Gold Mine in Queensland, triggering the sale agreement and setting the stage for full ownership by H2 2026. This move follows extensive exploration that confirmed the project's exceptional grade and scale.

Sunstone Metals has kicked off its latest drilling campaign at the Bramaderos Gold-Copper Project with substantial mineralised intersections, reinforcing the potential to expand its 3.6 million ounce resource. The company prepares to release a scoping study that will clarify the project's economic outlook.

Patronus Resources has consolidated 100% ownership of the Guppy-Benalla area for $250,000 cash, removing joint venture constraints and positioning itself to advance exploration near its 475koz Cardinia East gold resource. Follow-up drilling is planned after heritage surveys.

Black Canyon has kicked off a substantial 15,000m RC drilling campaign at its Wandanya Project, aiming to define and grow its high-grade manganese and iron resource with first assays due in May 2026.

Pursuit Minerals has significantly extended the depth of its lithium brine exploration at the Mito tenement, Rio Grande Sur project, following advanced CSAMT data reprocessing. The company plans a three-hole drilling program to test these high-confidence targets, aiming to expand its resource base beyond the initial 5,000 tpa lithium carbonate production.

Bayan Mining and Minerals has locked in a reverse circulation drill rig with Alaska Midnight Sun Drilling for its first-ever drilling at the Desert Star rare earth project in California, targeting up to 1,000 metres from June 2026. The fully permitted program aims to test high-grade surface mineralisation and geophysical targets near the Mountain Pass mine.

New Murchison Gold Limited (ASX:NMG) has reported compelling high-grade gold intercepts from a recent drilling campaign at its Crown Prince East Pit, boosting prospects for reserve expansion near its operating Crown Prince Gold Mine in Western Australia.

Legacy Iron Ore has boosted its Mt Celia gold resource by over half, now holding 390,150 ounces, underpinning its ongoing heap leach pre-feasibility study and signaling potential for further growth.

Mindax Limited pushes forward its vision for a Mid-West iron ore processing hub with metallurgical testing and strategic investments, while managing a cash runway under one quarter and preparing further capital raises.