Latest Geology News

Dynamic Metals Limited’s latest Phase 2 drilling results at the Cognac West prospect confirm significant gold and copper mineralisation, highlighting a complex polymetallic system. The findings pave the way for refined exploration strategies incorporating new geophysical insights.

Asra Minerals has confirmed significant high-grade gold mineralisation at its Gladstone prospect, extending known deposits deeper than previously recorded. These results bolster the Leonora South Gold Project’s resource potential and set the stage for expanded exploration.

Nordic Resources has completed a major acquisition of three advanced gold projects in Finland, lifting its total gold equivalent resources to 1.23 million ounces. The company also secured A$3.5 million in institutional funding and appointed a seasoned mining executive as Chairman.

Norwest Minerals has reported a substantial 33% increase in its Bulgera Gold Project resource to 288,400 ounces and secured $4.85 million to advance exploration, including a new drilling campaign targeting deeper gold zones.

King River Resources reports promising assay results from its Kurundi gold project and encouraging soil anomalies at Kuiper, reinforcing its $2 million exploration push in the Tennant Creek region.

Beacon Minerals has initiated its largest reverse circulation drilling campaign at the Lady Ida Iguana Deposit, aiming to enhance geological confidence and update mineral resources by mid-2026.

3D Energi is gearing up to drill up to six exploration wells in the offshore Otway Basin, targeting a massive 9.2 trillion cubic feet of prospective gas resources. The entry of Korea National Oil Corporation into the joint venture adds strategic weight to this pivotal East Coast energy project.

Mantle Minerals has agreed to sell its Mt Roe subsidiary to Northern Star Resources for $13.5 million, freeing up capital to accelerate exploration at its key Yule River and Pardoo projects while pursuing new opportunities.

Iceni Gold’s initial diamond drilling at the Guyer Trend within its 14 Mile Well Project reveals multiple high-grade gold intersections, reinforcing the potential of this concealed gold system and setting the stage for a major follow-up drilling campaign.

Strata Minerals Limited is set to recommence diamond drilling at its Penny South Gold Project in Western Australia, aiming to build on promising initial results. The program, co-funded by the WA government, marks a critical step in advancing exploration with new structural insights expected.

Noronex Limited has contracted a substantial 7,000m Reverse Circulation drilling program at its Humpback Copper Project in Namibia, backed by South32’s earn-in funding. This move aims to unlock new large-scale copper discoveries on promising domal structures within the Kalahari Copper Belt.

Koonenberry Gold has identified a significant new high-grade gold target at its Enmore Gold Project in northeast NSW, revealing a robust soil anomaly and impressive rock chip assays. Drilling is set to begin in late August, underscoring the district’s untapped potential beyond the Sunnyside Prospect.