Latest Geophysical Survey News

Ballymore Resources has raised $4.5 million through a well-supported placement to accelerate exploration and development across its North Queensland projects, including the promising Dittmer gold deposit.

Alara Resources has been awarded a mining license for the Daris 3A5 prospect in Oman, marking a key step in developing its second copper operation in the country. Historical drilling confirms high-grade copper mineralisation, with further exploration and planning underway.

Askari Metals has completed technical due diligence on its Nejo Gold and Copper Project in Ethiopia, clearing a key hurdle ahead of acquisition settlement and setting the stage for maiden drilling campaigns.

Many Peaks Minerals reports encouraging initial reverse circulation drilling results from its Odienné gold project in Côte d’Ivoire, confirming extensive mineralisation along a major shear corridor. Concurrently, exploration accelerates at the Ferké project with a second diamond rig added to expand core drilling.

Black Cat Syndicate’s recent shallow drilling at Fingals delivers impressive high-grade gold intercepts, reinforcing the deposit’s role as a cornerstone for Kal East’s production growth. The results underpin ongoing mining ramp-up and future underground development plans.

West Coast Silver has identified a dozen near-mine high-priority silver targets at its Elizabeth Hill project in Western Australia, leveraging integrated geophysical, geochemical, and geological data. The company plans immediate follow-up exploration including drilling and trenching to test these promising zones.

TechGen Metals Ltd has announced a fully underwritten pro-rata non-renounceable entitlement issue to raise approximately $2.57 million, offering new shares at $0.018 each with free attaching options. The capital raise aims to accelerate exploration at key projects in Western Australia.

Terra Uranium Limited (ASX – T92) reveals significant historic mineralisation of tin, tungsten, molybdenum, and silver at its Deepwater Project in New South Wales, underpinning its strategic acquisition of Dundee Resources Pty Ltd.

Somerset Minerals has confirmed significant near-surface copper mineralisation at its Coppermine Project in Nunavut, Canada, with assays revealing thick, high-grade intercepts. The company is gearing up for an expanded exploration phase to unlock further district-scale potential.

Koonenberry Gold has expanded the mineralised zone at its Enmore Gold Project in NSW to approximately 260 metres strike, revealing promising bulk tonnage and high-grade gold potential. The company is set to launch a fully funded +10,000-metre Phase II drilling campaign in late August to explore extensions and new targets along a 2km prospective corridor.

Loyal Metals has raised $2 million through a targeted placement to accelerate exploration at its newly acquired Highway Reward Copper-Gold Mine, leveraging cutting-edge AI and drone technologies.

Waratah Minerals has significantly expanded the Spur Gold Corridor with high-grade gold mineralisation, revealing new zones of visible gold and advancing copper-gold exploration at its flagship Spur Project in New South Wales.