Latest Geophysical Surveying News

Legacy Minerals delivers a robust scoping study for Mt Carrington with A$514 million pre-tax NPV, confirms a new gold-silver discovery at Mascotte, and advances multiple drilling programs across NSW projects.

Austral Gold lifted Guanaco production by 17% in Q2 2026, cut unit costs, and filed a new technical report extending mine life to 2040 with a US$192 million NPV. Toll processing at Casposo added US$5.9 million in fees, while exploration advanced in Chile and Argentina.

Strickland Metals has boosted its Rogozna Project mineral resources to 9.25 million ounces gold equivalent, driven by a 50% increase at the Gradina deposit and a maiden indicated resource at Shanac. Metallurgical tests confirm strong gold recoveries, while drilling delays at Shanac temper near-term exploration progress.

Rapid Critical Metals has kicked off drilling at its Webbs Silver Project, expanded its NSW footprint with the Tooloom acquisition, and secured a key permit for gallium-germanium drilling in Canada, while metallurgical tests at Webbs and Consol show promising recoveries.

Azzuro Resources has locked in a major copper-gold discovery at its newly acquired Red Hill project in Mongolia, confirming a high-grade VMS system over nearly 550 metres of strike with significant expansion potential.

Infini Resources has launched its first-ever diamond drilling campaign at the Reynolds Lake and Reitenbach Lake uranium projects in Saskatchewan, while final assays from its Portland Creek Phase 2 drilling confirm a structurally controlled uranium system over a 6 km strike.

Eagle Mountain Mining finalises a joint venture with Nittetsu Mining for the Oracle Ridge copper project, extinguishing a US$7.25 million debt and setting in motion a US$16.5 million exploration program. The company holds $2.9 million cash and is reassessing its Silver Mountain project alongside new acquisition pursuits.

Cannindah Resources has delivered compelling drilling results that expand and upgrade its Mt Cannindah copper-gold resource, alongside initiating metallurgical test work to support a resource update scheduled for Q3 2026.

PLC Resources has completed its first RC drilling at Rochefort, revealing anomalous gold and identifying a new structural corridor at Abbotts North. The company also raised $1.8 million to fund exploration at its Yalgoo and Abbotts North projects.

Godolphin Resources has unveiled a significant polymetallic sulphide discovery at Cousin Jack within its Lewis Ponds Project, alongside progressing an IPO to spin out its Narraburra Rare Earths asset into Matrix Critical Minerals.

Oceana Metals has validated extensive high-grade rare earth mineralisation at its Serra Negra project in Brazil, underpinning a major drilling campaign backed by a $20 million capital raise.

White Energy's latest drilling at Mount Rainbow-Specimen Hill reveals a complex hydrothermal system with promising copper, gold, and silver mineralisation, sharpening focus on the Southern Copper prospect.