Latest Geophysical Surveying News

Bayan Mining and Minerals Limited reports significant progress in its rare earth and gold exploration projects, highlighted by high-grade assay results and strategic land acquisitions in California and Nevada.

Brazilian Rare Earths Limited has inked a decade-long heavy rare earths offtake deal with Carester and announced a major maiden resource at its Amargosa bauxite project, backed by a $120 million capital raise to accelerate development.

Kalgoorlie Gold Mining has significantly extended the Lighthorse gold prospect at its Pinjin Project, doubling the strike length and commencing its largest reverse circulation drill program to date. The company also bolstered its cash reserves to $5 million, positioning itself for a busy exploration phase.

Australian Critical Minerals has completed a strategic acquisition of Circuit Resources, adding six multi-commodity projects in Peru and initiating exploration activities with drilling planned for late 2025.

Taruga Minerals has identified promising gold and base metal anomalies at its Thowagee South project in Western Australia, supported by new geophysical and geochemical data. These findings set the stage for refined exploration and potential future drilling.

Antares Metals has reported new rock chip samples from its Cromwell discovery, revealing copper grades up to 20.5% and extending mineralisation eastward along a 9km strike. These results reinforce the prospect’s potential as a large-scale copper system.

Golden Dragon Mining Ltd is set to raise $5 million through an IPO, aiming for ASX listing with a portfolio of promising gold and nickel exploration projects in Western Australia.

Aldoro Resources has confirmed a substantial inferred mineral resource at its Kameelburg Rare Earth Element and Niobium project in Namibia, with Phase II drilling underway targeting high-grade zones. The company also moves to streamline its portfolio by divesting non-core assets.

Many Peaks Minerals reports standout gold assay results from its Ferké and Odienné projects, alongside a strategic land acquisition and a A$13.5 million capital raise to fuel exploration.

Arika Resources has initiated a significant 5,000m drilling campaign at Pennyweight Point, aiming to extend known high-grade gold mineralisation and test new geophysical targets within the Yundamindra Gold Project in Western Australia.

Verity Resources has completed an Induced Polarisation survey at its Perseverance prospect, aiming to pinpoint gold sulphide zones along a promising 500m strike within the Monument Gold Project. This marks a strategic step toward expanding the project's 154,000-ounce inferred resource.

Lodestar Minerals has agreed to acquire a major heavy rare earth element project in Arizona, positioning itself near the US's only active rare earth mine amid tightening Chinese export controls. The $3.25 million placement backs immediate exploration plans.