Latest Geology News

Helios Energy has marked a key milestone with its first oil and condensate sales from the Presidio Oil Project in Texas, signaling a shift from exploration to early-stage production. The company is now focused on securing funding for further development and drilling activities.

Zuleika Gold has resolved its long-running litigation with Catalyst Metals, receiving $46 million in cash and shares, with a further $2 million due soon. The company also upgraded its gold resources significantly, positioning itself for aggressive development and exploration.

Raptor Metals Ltd has completed its takeover of Raptor Resources Limited, marking a strategic pivot to copper exploration in Canada’s Bathurst Mining Camp, backed by a fresh A$5 million capital raise.

Lord Resources has reported final assay results from its maiden drilling at the Ilgarari Copper Project, revealing significant high-grade copper extensions and refining its geological model.

Larvotto Resources is on track for mid-2026 production at its Hillgrove Antimony-Gold Project, backed by robust drilling results, plant refurbishment progress, and promising tungsten recovery. The company also expands its copper portfolio with a strategic option on the Blockade Mine in Mt Isa.

C29 Metals is progressing drilling plans at its Samsons Tank Copper project in NSW while securing a $150,000 convertible loan from a director and exploring global acquisition opportunities to diversify its portfolio.

Omnia Metals Group has completed initial drilling at its Salt Creek Project with limited mineralisation but gained valuable geological insights. The company bolstered its balance sheet with a $1.58 million placement to fund ongoing exploration and strategic acquisitions in the US.

AuMEGA Metals has advanced its exploration portfolio in Newfoundland with the Isle aux Morts Granite emerging as a prime target and new gold trends identified at Bunker Hill. Diamond drilling results from Cape Ray are eagerly awaited.

Terra Critical Minerals has completed a key acquisition in Nevada and boosted its Canadian uranium investment, positioning itself to capitalise on soaring tungsten and uranium prices.

Dundas Minerals has secured an 80% interest in the Romano Gold Project near the Gruyere Mine and raised $1.1 million to accelerate exploration and development. New leadership and advanced AI targeting signal a strategic push into Western Australia's prolific gold belts.

Emu NL has reported promising visible copper sulphide mineralisation from its maiden drilling at Fiery Creek, advancing its Georgetown copper-gold project. Meanwhile, the company navigates leadership changes and governance reviews amid ongoing exploration.

Cosmo Metals has completed its first drilling program at Spring Creek in NSW after nearly 30 years, revealing high-grade gold mineralisation and identifying a new antimony-rich corridor, supported by government grants to advance exploration.