Latest Geology News

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.

Reach Resources has significantly increased its gold resource inventory at the Murchison South project, with combined estimates for Blue Heaven and Pansy Pit now totaling approximately 67,100 ounces. Strong metallurgical results and exploration upside highlight the project's potential.

Legacy Minerals has initiated a major 10,000-metre diamond drilling program at its Fontenoy Project in NSW, aiming to test newly identified conductive zones linked to platinum group elements, nickel, copper, and gold mineralisation.

Core Energy Minerals has made promising progress in its maiden drilling campaign at the Cummins Uranium Project in South Australia, identifying uranium mineralisation in both weathered basement and palaeochannel sediments. Initial gamma and scintillometer readings support a developing roll-front uranium model, with assay results pending.

Solis Minerals has intersected visible copper and gold mineralisation in its second diamond drill hole at the Chancho al Palo project in Peru, reinforcing the potential for a significant copper-gold system. Assay results are expected in July/August 2025.

88 Energy Limited reports significant progress on its Alaskan projects with a robust prospective resource base and advancing farm-out deals, while securing a key license extension in Namibia and negotiating asset divestment in Texas.

Future Battery Minerals has wrapped up its initial gold drilling phase at the Miriam Project, setting the stage for assay results and a planned resource estimate later this year.