Latest Geophysical And Geochemical Targeting News

AusQuest has resumed a significant diamond drilling campaign at its Coober Pedy IOCG project in South Australia, aiming to test high-priority geophysical and geochemical targets within the Olympic Dam province. The program is expected to take four weeks, with assay results due about a month later.

Mammoth Minerals has confirmed significant shallow gold mineralisation extending 700 metres along the Buster trend at its Excelsior Gold-Silver Project in Nevada, signalling potential for a larger Carlin-type gold system. Drilling has now shifted to the high-grade Blue Dick Silver Prospect with results expected soon.

Caspin Resources has delivered its best-ever tin intersection at the Kelpie Deposit within the Bygoo Tin Project, reporting 20m at 2.11% tin outside the current resource envelope, signaling strong potential for resource expansion.

Sierra Nevada Gold (ASX: SNX) reports 60% completion of its Phase 1 drilling at the As Safra copper-gold project in Saudi Arabia, with promising geological signs and ongoing government backing.

FMR Resources has raised $5 million through a two-tranche placement aimed at accelerating exploration at its La Lorena and Llahuin copper projects in Chile, with participation from major shareholders and new investors.

Arika Resources has delivered a robust set of shallow gold intercepts at its Yundamindra Gold Project, confirming mineralisation continuity over a 2.5km strike and uncovering multiple new lodes with significant expansion potential.

Infini Resources has kicked off its inaugural diamond drilling campaign at the Reynolds Lake and Reitenbach Lake uranium projects, targeting high-grade zones including the Titus Prospect. The program aims to unlock a large, underexplored uranium system on the Athabasca Basin's eastern margin.

Minrex Resources appoints Max Piirto as CEO to spearhead exploration and development across its newly acquired Serbian gold and copper assets following the Electrum merger.

American West Metals Limited has reported exceptional assay results from historical mine dumps and surface rock sampling at its West Desert Project in Utah, revealing significant grades of critical metals including copper, silver, indium, germanium, and tellurium. A 5,000-metre diamond drilling program targeting newly identified high-grade zones is currently in progress.

RareX Limited has secured a pivotal mining lease for its Cummins Range Rare Earths Project in Western Australia, confirming some of the highest-grade gallium mineralisation in the country. The company also advances metallurgical testing and forges strategic US partnerships, positioning itself at the forefront of critical minerals development.

Surefire Resources NL reported significant progress in its Western Australian exploration portfolio during the December 2025 quarter, highlighted by standout gold intercepts at Yidby and advancing development at the Victory Bore critical minerals project.

Caspin Resources has identified a compelling new gold anomaly near historic workings at its Weethalle Gold Project, prompting a Phase Two drilling campaign early next year. Initial drilling revealed extensive hydrothermal alteration, setting the stage for further exploration.