Latest Geophysical Data News

Bayan Mining and Minerals has begun a third phase of surface sampling at its Bayan Springs South gold project in Nevada, extending an open southern anomaly and testing a previously unsampled northern fault intersection. The work is intended to sharpen drill targets, while assays from the company’s completed Desert Star RC program are expected in October 2026.

CGN Resources has expanded its exploration footprint across gold and copper, but the annual report pairs that growth with a material going-concern uncertainty. The company ended FY2026 with $2.11 million in cash against $1.99 million of operating cash outflows.

Neu Horizon has completed the main phase of its Swedish uranium exploration campaign, collecting more than 12,000 line kilometres of airborne geophysical data across its portfolio. The company is now integrating the results and refining targets for a maiden drilling programme planned for early 2027, subject to permitting.

Australian Rare Earths has extended its Overland carbonatite discovery roughly 5km south, with hole OV176 intersecting 130 metres of interpreted carbonatite and ending within the unit. The geological footprint now appears to track a 10km magnetic corridor, but assays will determine whether the system carries meaningful niobium and rare earth grades.

Tivan has won approval to add 50 square kilometres to its Baucau copper-gold project in Timor-Leste, securing ground over a large magnetic anomaly. The expansion comes as the company acknowledges an executive chairman’s personal X post previewed an assay announcement before ASX release and was not authorised under its disclosure policy.

Tivan has secured a 50 km² exploration concession immediately north of its Turiscai project in Timor-Leste, subject to formal regulatory grant. The addition would lift the project to eight licences covering approximately 394 km² ahead of planned maiden drilling in the fourth quarter.

Cosmo Metals has secured the Carters Road exploration licence in New South Wales after reconnaissance work returned 4.69% copper and 5.78g/t silver from a single selective rock-chip sample. The result offers an early exploration lead, but does not establish continuity, scale or economic significance.

Cosmo Metals has secured a new exploration licence in New South Wales after reconnaissance work found copper-bearing outcrop and a selective rock chip sample grading 4.69% copper. The result is an early exploration signal, not evidence of a defined deposit, with mapping and further sampling still to come.

Lux Copper has begun its maiden drilling campaign at the 100%-owned Baird Copper Project in Alaska, targeting historical high-grade copper results at Omar and Frost. The first assay results are expected in October, creating a near-term test of the project's exploration potential.

Evion has identified a previously unmined 200m by 200m prospect at its Carp Fluorspar Project in Nevada, just 300m from the historic South Pit. Assays are pending, with geophysical surveys and a potential maiden drilling programme next in line.

Diablo Resources has exercised its option over 101 patented claims covering the historic Horn Silver Mine in Utah, bringing its broader 202-claim, 13.2 square kilometre project package together. The company will now rank targets, advance permitting and prepare for a maiden Horn Silver drilling program in 2026.

Azzuro Resources has identified nine high-priority geophysical anomalies at its Oval Cu-Ni-PGE project, expanding exploration potential with five drill-ready targets. Meanwhile, drilling at Copper Ridge intersected low-grade gold but no significant copper, refining the prospect’s geological understanding.