Latest Geophysical Survey News

TechGen Metals has commenced drilling at its Mt Boggola Project in Western Australia, focusing on four promising copper and gold targets identified by geophysical and geochemical surveys. The campaign aims to unlock shallow mineralisation with a combination of reverse circulation and diamond drilling.

American West Metals has commenced a significant diamond drilling program at its West Desert Project in Utah, aiming to grow the largest indium resource in the US and explore high-grade critical metals including gallium and copper.

Belararox Limited is accelerating exploration at its TMT Project in Argentina by deploying a second diamond drill rig to test promising copper and precious metals targets, with assay results from initial holes expected soon.

Prospect Resources has raised A$45 million through a strategic equity placement to accelerate drilling and studies at its Mumbezhi Copper Project in Zambia, aiming to expand its mineral resources and advance project development.

Red Mountain Mining has initiated metallurgical test work on high-grade samples from its Oaky Creek Antimony Prospect, advancing the Armidale Antimony-Gold Project towards commercial validation. This move aims to de-risk the asset ahead of drilling and capitalise on strong early exploration results.

Gold Mountain Limited has reported significant lithium and gold anomalies at its Salinas South and Coroaci prospects in Brazil, highlighting promising exploration results that extend over several kilometres. The company plans further sampling and mapping to refine drill targets, reinforcing its strategic focus on lithium alongside rare earth elements.

Legend Mining’s latest geophysical surveys at Pyrophyllite Hill within the Pinnacle Well Project reveal promising signs of gold mineralisation alongside confirmed industrial mineral potential, setting the stage for upcoming drilling campaigns.

The week was split between big earnings reactions and small-cap rocks-and-rigs rallies. Pro Medicus sank despite record numbers, while a handful of explorers jumped on fresh discoveries and policy wins.

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

Alkane Resources Ltd has reported a remarkable half-year surge in revenue and profit, driven by its strategic merger with Mandalay Resources Corporation and soaring gold prices.

Auravelle Metals has completed a key heritage survey at its Crown Gold Project in Western Australia, setting the stage for targeted soil sampling and follow-up aircore drilling to refine gold exploration targets.

SQX Resources has more than doubled its ground position at the Williams Gold-Silver Project in Montana, securing extensive strike extensions of historically high-grade veins. This expansion sets the stage for a major exploration push in 2026.