Latest Geophysical Survey News

Pioneer Minerals has identified a major geophysical breakthrough at its Springfield Prospect in Idaho, revealing a district-scale tungsten system linked to a large magnetic anomaly. This discovery significantly expands the known mineralised footprint and elevates exploration potential across the North Pine Project.

Olympio Metals has confirmed promising high-grade gold soil anomalies at its Bousquet Gold Project in Quebec, highlighting a new priority target and preparing to resume drilling following significant historical intercepts.

Gold Mountain Limited reports significant new rare earth oxide anomalies and a large gold target at its Down Under Project in Brazil, reinforcing its position in an emerging world-class rare earth province.

A single exploration name blew the doors off the leaderboard, while two well-known uranium plays and a Nevada explorer sank hard. Behind the noise: deals got closer to completion, big raisings reset prices, and several “good news” gaps didn’t survive the week.

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

Evergold Minerals has raised A$5.23 million to accelerate gold exploration at its Mt Monger and Leonora projects in Western Australia, setting the stage for imminent drilling and resource expansion.

Ballymore Resources has confirmed significant high-grade silver-lead-zinc mineralisation in its first step-out drill hole at Little Torpy’s, 600 metres south of the main Torpy’s workings, underscoring the potential for a large-scale project in north Queensland.

Mammoth Minerals has launched a new drilling phase at its Excelsior Gold-Silver Project in Nevada, revealing promising Carlin-style gold mineralisation that could significantly expand the project’s scale.

Litchfield Minerals has confirmed thick, continuous copper and zinc mineralisation at its Oonagalabi Project, with standout drill results reinforcing the system's scale and potential. The company plans further drilling and geophysical work to target higher-grade zones and expand the mineralised footprint.

Gold Mountain Limited reports highly encouraging rare earth and gold assay results from its Varzedo Prospect in Brazil, confirming significant mineral potential and outlining plans for targeted follow-up exploration.

Right Resources Limited’s maiden diamond drilling at the Pilot Project in NSW confirms a large-scale gold-copper mineralisation system, with multiple stockwork zones intersected and plans for deeper drilling underway.

Koonenberry Gold has reported promising Phase II drilling results at its Sunnyside Prospect, extending gold mineralisation to 415 metres vertical depth and revealing high-grade zones at depth. The company’s ongoing exploration efforts continue to highlight the potential for a significant gold system in New South Wales.