Latest Geophysical Surveys News

Coppermoly Limited reported ongoing exploration activities in Queensland's Mt Isa region with mixed drilling results, while securing a strategic acquisition in Western Australia targeting critical minerals. The company faces a cash outflow of $701,000 but plans further geophysical surveys to refine drilling targets.

Greenwing Resources advances its polymetallic Que River project with a positive scoping study, while monetising assets in Madagascar and maintaining a strong lithium resource in Argentina.

Desert Metals Limited confirms a substantial high-grade gold system at its Adzope project in Côte d’Ivoire, following a successful diamond drilling campaign. The company also advances exploration at Tengrela South while streamlining its portfolio by relinquishing Western Australian tenements.

SQX Resources advances exploration in Queensland and secures 80% stake in two promising US gold projects, backed by a $2 million placement to accelerate development.

Alara Resources has reported a significant production uplift at its Al Wash-hi Majaza mine following the commissioning of two new tailings filter presses, alongside securing the Daris 3A5 mining license and initiating drilling at the Al Mansur Prospect.

Sultan Resources has secured $1.1 million through a placement to fund the acquisition of three promising gold and critical minerals projects in Namibia and Western Australia, marking a significant step in its strategic expansion.

Askari Metals has secured a major foothold in Ethiopia’s Arabian-Nubian Shield through the acquisition of the Nejo Gold and Copper Project, setting the stage for a high-impact exploration campaign supported by a new capital raise.

NH3 Clean Energy has initiated the FEED phase for its WAH2 clean ammonia project, securing key partnerships and government support while raising $4 million to fuel development.

M3 Mining Limited has raised $2.25 million to fund ongoing exploration at its Edjudina Gold and Victoria Bore Copper projects, advancing aircore drilling and geophysical reviews in Western Australia.

Red Mountain Mining has bolstered its critical minerals portfolio with key acquisitions in the US and promising exploration outcomes across its global projects, supported by a recent $1.5 million capital raise.

Terrain Minerals reports strong high-grade gold and silver results at its Smokebush Lightning Prospect, progresses metallurgical studies at Larin’s Lane Gallium project, and launches a lithium soil sampling campaign at Carlindie.

Eagle Mountain Mining continues to push forward with its Arizona copper-gold projects while negotiating loan restructuring, maintaining a cautious cash position of $566,000 at quarter-end.