Latest Geophysical Surveys News

Infinity Metals has locked in an exclusive option to acquire 100% of the Tule Canyon molybdenum-copper project in Nevada, tapping into a critical minerals asset with strong historical data and strategic positioning amid soaring molybdenum prices.

E79 Gold Mines has formalised a Heritage Protection Agreement with the Yugunga-Nya Traditional Owners, clearing a critical hurdle for its first drilling campaign at Cue Gold Project in Western Australia since the 1990s. The company plans a 10,000m air-core and reverse circulation drilling program targeting promising gold structures identified via recent geophysical surveys.

Torque Metals has hit fresh high-grade gold mineralisation outside existing resource boundaries at its Paris Gold Project in WA, signalling strong potential for resource growth.

Corazon Mining has significantly expanded its Western Australian gold footprint by acquiring key tenements adjacent to the Chalice Gold Project, adding 170km2 of prospective ground and securing gold rights over underexplored corridors.

Daly Resources is aggressively advancing exploration across its 6,451 km² Northern Territory portfolio, highlighting ultra-high-grade fluorite at Huckitta and promising sediment-hosted copper-zinc targets with government-backed geophysical surveys underway.

Black Canyon Limited has reported robust assay results from its Wandanya Project in Western Australia, confirming shallow, high-grade manganese and iron mineralisation. The company is on track to deliver a maiden Mineral Resource Estimate by September 2026, with further drilling planned to expand the 9km mineralised system.

LE Minerals (ASX:LEL) reported a strong $60.4 million cash reserve as it progresses a $20 million sale and spin-out of its Queensland graphite assets to M Battery Materials. Meanwhile, exploration at its Capricorn Gold-Copper Belt and White Plains Lithium projects continues with mixed early results.

Strike Resources is progressing the sale of a 28.52% indirect stake in its high-grade Apurímac Iron Ore Project for A$5.5 million, while advancing exploration programs and preparing for potential small-scale mining under Peru’s artisanal regime. The company also holds a 27.7% interest in LE Minerals, which is spinning out its Graphite Projects via an IPO.

Australian Rare Earths (ASX: AR3) has delivered a standout Pre-Feasibility Study and maiden Ore Reserve for its Koppamurra project, underpinning a low-capital, high-return rare earths development. Meanwhile, pilot processing advances and a new niobium-REE discovery at Overland add momentum.

Raptor Metals has confirmed a significant stacked copper-rich VMS system at its Chester Project through maiden drilling, while expanding its footprint with key acquisitions in the Bathurst Mining Camp.

Cauldron Energy has significantly expanded uranium mineralisation at its Manyingee North Deposit, extending strike length by nearly 3km and confirming mineralisation across the full palaeochannel width in the Yanrey Uranium Project.

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.