Latest Geology News

Condor Energy has advanced its offshore Peru exploration with a new Raya West prospect, lifting its unrisked prospective resources above 3.3 billion barrels, while moving to 100% ownership of TEA 86 to streamline licence conversion and partnerships.

Lodestar Minerals has confirmed visible copper and IOCG-style mineralisation in its second drill hole at the Three Saints Project, extending the mineralised system over a 700-metre strike length. Drilling is ongoing with assay results expected by early July.

PhosCo Ltd has reported rock chip assays up to 21.3% copper and 100 g/t silver from the King’s Eye prospect within its Simitu Project in northern Tunisia, alongside geophysical evidence of sulphide mineralisation at depth warranting immediate follow-up.

eMetals Limited has solidified its foothold in high-grade tungsten with a binding acquisition in Utah, while its Ugandan gold projects reveal promising soil anomalies amid ongoing exploration.

Terra Metals has linked two drill holes to reveal a 172.4-metre continuous zone of platinum group metals, copper, and nickel mineralisation at its Southwest Prospect, Dante Project, with high-grade pockets up to 31.11 g/t PGE3. The system remains open for expansion along strike and at depth.

MB Gold Limited (ASX:MBG) has kicked off a significant 6,000-metre drilling program at its Marble Bar Gold Project following a successful $9 million IPO. The company also secured a Heritage Protection Agreement with the Nyamal Aboriginal Corporation, underlining its commitment to responsible exploration in the Pilbara.

CZR Resources has unveiled strong assay results from its Croydon Gold Project, confirming a significant gold system open in all directions. The company advances exploration at Edamurta and Yarrie, supported by a robust cash position.

Caprice Resources has confirmed significant extensions of high-grade gold mineralisation at its Island Gold Project, backed by a $12.74 million capital raise and a new multi-rig drilling campaign.

Dundas Minerals has secured $2.5 million to fund extensive drilling across its Western Australian gold portfolio, exercised its option to acquire the Rockland mining lease, and expanded the Romano project with a new exploration licence application near Gruyere.

Horizon Gold has reported strong high-grade gold intercepts from drilling at its Omega and Kingfisher prospects in Western Australia, extending mineralisation and advancing its feasibility study on a 2.3 million ounce resource base.

Altitude Minerals reported encouraging aircore drill results at its Byrock Project in NSW, confirming copper-gold porphyry signatures and advancing a joint venture with Nimrod Resources. In Nevada, the company validated high-grade silver-gold targets at Firenze, readying a 2,600m RC drill program.

Alma Metals has launched an extensive drilling campaign at its Briggs Copper Project in Queensland, aiming to upgrade and grow its 2 million tonne copper resource ahead of pre-feasibility studies.