Latest Geology News

Savannah Goldfields reports promising high-grade gold assay results from its latest drilling campaign at Big Reef Extended, reinforcing the Georgetown Project’s near-term mining potential.

Locksley Resources has produced a high-grade antimony concentrate exceeding market standards from its Desert Antimony Mine in California, marking a significant step toward a fully domestic US antimony supply chain.

Adelong Gold has initiated a diamond drilling program at its Lauriston Gold-Antimony project in Victoria, targeting historic high-grade gold and antimony mineralisation. The initial 3,000m campaign aims to test structural analogies to major Victorian gold systems with assay results expected by year-end.

Flagship Minerals’ review of Anglo American’s dataset reveals a 5km by 1.2km gold-in-soil anomaly at the Pantanillo Gold Project in Chile, significantly larger than current drill coverage and supporting plans to upgrade the resource estimate.

Xstate Resources reports a significant overpressured gas column at its Diona-1 well in Queensland, hinting at a potentially large unconventional gas resource. Drilling continues with further data acquisition pending.

Kuniko Limited has raised A$1.52 million through a rights issue shortfall and top-up placement, fully funding Stage-1 exploration at its Commonwealth Gold-Silver Project in NSW. Exploration activities, including geochemical sampling and airborne geophysics, are now underway in the prolific Lachlan Fold Belt.

First Au Limited’s initial drilling results at the Nimba Gold Project in Liberia reveal broad zones of gold mineralisation, validating geological models and hinting at significant resource potential.

Capstone Copper reports promising Phase 1 drilling outcomes at its Mantoverde mine in Chile, revealing higher-than-expected copper grades and confirming mineral continuity. The company plans an ambitious Phase 2 drill program targeting resource growth in the northern corridor.

Saturn Metals has upgraded its Apollo Hill gold resource to 2.24 million ounces with 82% now in higher-confidence categories, while successfully raising $45 million to advance development.

AKORA Resources has successfully completed a $2.9 million capital raise and commenced a trenching program at its flagship Bekisopa Iron Ore Project in Madagascar, reinforcing strong local and governmental support as it progresses towards production.

Belararox Limited advances its maiden drilling campaign at Botswana’s Kalahari Copper Project, intersecting key geological contacts earlier than expected and optimizing operations with additional rigs.

Solara Minerals has launched a cutting-edge Ultrafine® soil sampling program at its Wilgeena West Project, aiming to pinpoint structural controls of gold mineralisation and generate new drill targets.