Latest Geophysical Survey News

Venus Metals Corporation urges shareholders to reject QGold's takeover bid, highlighting an independent valuation of its Sandstone Gold Project at $4.39 million and underscoring significant exploration upside.

MinRex Resources Limited and Electrum Discovery Corp. have agreed to merge, creating a well-capitalised gold-copper exploration company with advanced projects in Serbia and Australia. The combined entity aims to accelerate resource growth and exploration across two Tier-1 jurisdictions.

Locksley Resources has identified a significant high-grade silver and polymetallic mineralised corridor extending nearly 3km at its Mojave Project in California, marking a major step forward in its exploration strategy.

Patagonia Lithium has reached 335 metres depth in its Formentera lithium brine drilling program in Argentina, successfully collecting brine and core samples for detailed analysis. The company plans further drilling and geophysical surveys to refine its Mineral Resource Estimate.

Terrain Minerals has made significant progress across its gold, lithium, and rare earth projects during the December 2025 quarter, including drilling milestones and a successful $2.76 million capital raise. The company targets a maiden resource at its Lightning gold prospect by mid-2026.

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.

Charger Metals NL has announced a significant high-grade gold discovery at its Xmas Gold Discovery within the Mt Gordon tenement, part of the Lake Johnston Lithium and Gold Project. This breakthrough enhances the prospectivity of multiple undrilled targets and sets the stage for an expanded exploration campaign in 2026.

Tambourah Metals has confirmed and significantly upgraded gold assay results from its Beatty Park South drilling, highlighting a high-grade core within a 330m gold anomaly at its Bryah Gold Project in Western Australia.

Infini Resources has strategically expanded its Portland Creek Uranium Project in Newfoundland by acquiring adjacent mineral licences, increasing its landholding by 30% and reinforcing its position in a promising uranium district.

American Tungsten & Antimony Ltd plans to unlock value by spinning out its Drummond Basin and NSW gold exploration assets into a new ASX-listed company, King Metals Limited, aiming to raise up to $6 million in an IPO.

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.

Mithril Silver and Gold accelerates exploration at its Copalquin gold-silver project with a third drill rig mobilized and a 25,000-metre drilling program planned for 2026, targeting multiple high-grade zones.