Latest Geology News

Diablo Resources has commenced its first-ever drilling campaign at the Phoenix Copper Project in Utah, targeting two promising prospects with strong surface copper indications. The fully funded program aims to unlock new copper resources near a major producing mine.

Falcon Metals has reported a spectacular 1.2m intercept grading 543 grams per tonne gold at its Blue Moon project in Victoria’s Bendigo Goldfield, signaling a promising new chapter in high-grade gold exploration.

Falcon Metals has reported a spectacular 1.2-meter intercept grading 543 grams per tonne gold at its Blue Moon project, marking a significant milestone in its exploration of the northern Bendigo Goldfield extension. The company’s aggressive drilling campaign and robust financial position set the stage for further discoveries in this historically rich gold province.

Siren Gold has raised $4 million through a well-supported placement to accelerate drilling and testing at its flagship Sams Creek Gold Project, alongside exploration at Langdons and Queen Charlotte.

Falcon Metals has raised A$20 million through a strongly supported placement to fund extensive diamond drilling at its Blue Moon gold prospect near Bendigo. The capital injection underscores institutional confidence in the company’s exploration strategy and high-grade gold potential.

Somerset Minerals (ASX – SMM) is advancing its Coppermine Project in Canada with promising maiden drill results and a $4 million placement to fund expanded exploration.

Somerset Minerals has raised $4 million to fund an aggressive Phase Two exploration campaign at its Coppermine copper project in Nunavut, aiming to build on strong initial drilling results and unlock multiple new discoveries across a vast landholding.

Alice Queen Limited has formally lodged a 15-year mining lease application for its Horn Island Gold Project, marking a significant step forward in its decade-long exploration journey and attracting strong partnership interest.

Venus Metals Corporation has updated its Mineral Resource Estimate for the Bellchambers Gold Deposit and Rangeview Prospect near Sandstone, revealing a notable increase in measured resources and securing a mining lease that advances the project towards development.

Mantle Minerals has completed the $13.5 million sale of its Mt Roe subsidiary to Northern Star Resources, redirecting funds to advance exploration at Yule River and Pardoo projects.

Advance Metals Limited has reported strong assay results from its maiden diamond drilling program at the Yoquivo Silver-Gold Project in Mexico, revealing high-grade silver-gold mineralisation extending 60-70 metres deeper in the Pertenencia Vein. These findings pave the way for potential resource upgrades.

Audalia Resources has reported significant assay results from its recent infill drilling at the Medcalf vanadium-titanium-iron project in Western Australia, confirming consistent mineralisation and progressing towards an updated resource estimate.