Latest Geophysical Anomalies News

Strategic Energy Resources has reported promising copper and gold intersections from its latest diamond drilling at the Canobie Project in Queensland, reinforcing the potential for a major discovery under its joint venture with Fortescue.

Miramar Resources is set to launch a multi-commodity drilling campaign in early 2026, focusing on gold targets near Kalgoorlie and high-grade copper-lead-silver mineralisation in the Gascoyne region.

Parabellum Resources has confirmed continuous, near-surface nickel-cobalt mineralisation at its Miandetta prospect, extending the deposit's footprint significantly. Phase 3 drilling results reveal multiple high-grade intercepts, reinforcing the project's potential in New South Wales.

S2 Resources has completed its first drilling campaign at the Warraweena project in NSW, revealing volcanic rocks akin to the Macquarie Arc and promising copper mineralisation. Further geophysical work is planned to pinpoint the source of magnetic anomalies and advance exploration.

DeSoto Resources has completed a 4,388-metre drilling program at its Spectrum Project in Australia's Northern Territory, revealing limited gold and rare earth element mineralization. The company will now pivot its exploration efforts to its Siguiri Basin Projects in Guinea, while exploring joint venture or divestment options for its Northern Territory assets.

Emmerson Resources and Pan African Resources have approved a $6.9 million exploration budget for the Tennant Creek Joint Venture in Q1 2026, marking the largest quarterly spend in over two decades. The program targets high-grade gold deposits with extensive drilling and geophysical surveys.

AusQuest Limited’s recent reconnaissance drilling at its Mt Davis Project in Western Australia has revealed promising lead, copper, and silver anomalies, suggesting potential for sediment-hosted base metal deposits.

S2 Resources has completed the sale of its Fosterville exploration licence to Agnico Eagle for A$17 million, significantly strengthening its cash position and enabling a renewed focus on exploration projects in New South Wales and Western Australia.

Artemis Resources has secured a joint venture to earn a 60% stake in the Sharon Dam IOCG copper target, backed by a $220k government grant and planned drilling in early 2026. This deal extends Artemis’ footprint in a promising underexplored copper province in Western Australia.

Metal Hawk Limited’s first diamond drilling at Leinster South confirms significant high-grade gold mineralisation, revealing thicker zones and new targets for 2026 follow-up drilling.

Kalgoorlie Gold Mining has significantly extended the strike length of primary gold mineralisation at its Lighthorse Prospect to over 1,100 meters, confirming a large orogenic gold system open to further expansion. The company plans additional drilling in early 2026 to further delineate this promising target within the Tier One Pinjin Gold Project.

Pursuit Minerals has identified promising gold and silver targets at its Sascha Marcelina project in Argentina, planning a 4,050-metre drilling campaign to test these high-potential zones. The project’s geological similarities to the world-class Cerro Negro system bolster hopes for a significant discovery.