Latest Geophysical Surveying News

Ballymore Resources has significantly extended its Torpy’s silver-lead-zinc-indium discovery in North Queensland, identifying four new mineralised shoots beyond the historic mine area through recent drilling. With assays pending and multiple targets open, the Ruddygore Project’s potential continues to grow.

Sierra Nevada Gold (ASX: SNX) has appointed Adam Oehlman as CEO to lead its next growth phase, focusing on advancing a three-rig drilling campaign in Saudi Arabia and trial mining in Nevada.

Adavale Resources has agreed to sell its Marree Embayment uranium licences to Orpheus Uranium for $650,000 cash and 5 million shares, sharpening its focus on a 166,000-ounce gold resource in New South Wales.

Orpheus Uranium has secured a binding agreement to acquire seven exploration licences from Adavale Resources, significantly expanding its Marree Project landholding in South Australia’s Northern Flinders Ranges and advancing the project to advanced exploration status.

West Cobar Metals (ASX: WC1) has struck a deal to acquire the Baxter Fluorspar Project in Nevada, a site with a rich history of premium acid-grade fluorspar production. Backed by a $1.05 million placement, the acquisition positions WC1 within a critical US supply chain for fluorspar, a mineral vital for semiconductor and defence industries.

Waratah Minerals reveals substantial high-grade gold extensions at its Spur Gold Project, with drilling extending mineralisation up to 160m and confirming a district-scale system.

Ore Resources’ Phase 4 diamond drilling at the Forrest prospect reveals significant strike and depth extensions, expanding the gold system to over 1km strike and 250m depth, with further growth potential identified by geophysical surveys.

Belararox has locked in a further A$2 million through a placement priced 25% above its current shares, boosting funds for copper exploration in Botswana and Argentina.

A new geophysical survey at EV Resources’ Los Lirios project in Mexico reveals extensive sulphide anomalies and a structural fault network, significantly expanding the exploration footprint and sharpening drill targets ahead of a maiden resource estimate.

Mithril Silver and Gold has delivered compelling drilling results at its Copalquin project in Mexico, highlighting significant high-grade gold and silver intercepts that underpin an imminent resource update.

Pivotal Metals has unveiled high-grade copper, nickel, and platinum group metals intersections from its maiden drill program at the Belleterre Projects, confirming a significant mineralised system and advancing exploration across multiple targets.

Prodigy Gold has won a $112,152 co-funding grant from the Northern Territory Government to drill a 600m hole at its Hyperion Gold Deposit, targeting a major untested geophysical anomaly that could expand the 454,000-ounce resource.