Latest Geology News

Litchfield Minerals has expanded its Harts Range exploration model, raised A$8 million and ended FY2026 with A$4.6 million in cash. The opportunity is growing, but the auditor flagged material uncertainty over the company’s ability to fund future operations.

PC Gold has reported broad, higher-than-modelled gold intersections at Spring Hill, including a 29.65-metre zone grading 4.32 g/t gold. Several assays remain outstanding, but the results extend Link Zone mineralisation about 30 metres beyond the current model ahead of a planned December 2026 resource update.

Renascor Resources has identified multiple high-priority conductive targets at its Flat Hill project in South Australia, including features near historical copper intersections and previously untested areas. Drilling is being planned at depths of about 150 to 300 metres, but access and Native Title arrangements remain outstanding.

Sinclair Gold’s FY2026 annual report captures the company’s rapid shift from a small explorer to a well-funded Mt Henry-focused gold developer-in-waiting. The project’s resource stood at 915,000 ounces at year-end, before a post-year-end update lifted it to 1.8 million ounces after 20,426 metres of drilling.

Peninsula Energy has increased the reported uranium resource at its Lance Project in Wyoming to 59.0 million pounds, with the Ross area delivering the clearest gain. The update adds confidence around Mine Unit 4, but remains a mineral resource estimate rather than a reserve or production forecast.

Stellar Resources has lifted its Heemskirk tin resource to 115.3kt of contained tin while technical studies move toward a prefeasibility study outcome. The company is better funded, but remains pre-revenue and faces the usual capital, permitting and execution hurdles of mine development.

Lunnon Metals has delivered thick, consistent gold intersections at the Plentiful prospect, where drilling now sits at approximately 20m by 20m spacing. The company is moving towards modelling and economic assessment, although a separate deep-drilling target failed to deliver enough encouragement for further work.

Caspin Resources has reported its strongest Bygoo tin intersection to date, while early test work points to 83.8% tin recovery into a high-grade concentrate. The gains come with familiar exploration-stage caveats: a $5.70 million annual loss, $5.03 million of operating cash outflow and continued reliance on equity funding.

Australasian Metals has paired a sharply smaller annual loss with a $1.05 million placement aimed at exploring two proposed Côte d’Ivoire lithium projects. The projects remain an option, not an acquisition, while May Queen drilling is being prepared in Queensland.

Australian Rare Earths has converted Koppamurra from an exploration story into a defined rare earths development case, with an A$858 million after-tax PFS NPV and a maiden Ore Reserve. The next test is less geological than financial: the company must fund the path from pilot processing to construction while carrying a material going-concern warning.

Flynn Gold is pushing Golden Ridge and Firetower towards resource definition, but its FY2026 annual report flags a material going-concern uncertainty and a cash balance of just A$1.11 million. A partially underwritten A$3 million rights issue now sits alongside drilling, permitting and a non-binding processing pathway with Henty Gold Mine.

Lac Gold’s first 15,000-metre drilling campaign at Rouyn has strengthened its geological model, including a standout 5.65-metre intersection grading 141.29 g/t gold. But the annual report also flags a material uncertainty over going concern as the company approaches its first C$6.67 million promissory note repayment.