Latest Geophysical Targeting News

QX Resources has confirmed promising historical uranium grades at its Madaba Project in Tanzania and progressed gold exploration in Queensland, while securing a strategic farm-out for its Pilbara iron ore rights.

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.

Mantle Minerals has completed the sale of Mt Roe Mining Pty Ltd for AUD 13.5 million, retaining key projects and identifying 11 new exploration targets at Yule River. A ground gravity survey is planned to refine 2026 drilling efforts.

S2 Resources has ramped up exploration activities across multiple Australian projects, commencing diamond drilling at Warraweena and expanding ground at Jillewarra, while securing A$0.61 million through capital raisings and maintaining a robust cash position bolstered by a significant Valkea Resources investment.

iTech Minerals reports significant high-grade antimony, gold, and copper discoveries at its Reynolds Range Project, alongside the launch of a lithium joint venture with SQM. The company prepares for targeted drilling following promising geophysical surveys and soil sampling.

Nordic Resources Ltd has initiated a 5,000m diamond drilling program at its Kopsa gold project in Finland, unveiling new magnetic targets and bolstering its senior management team. The company also raised over A$10 million in institutional capital, underpinning a combined gold equivalent resource of 1.23 million ounces across its Finnish assets.

Strategic Energy Resources has kicked off a fully funded 2,000-metre diamond drilling program at its Canobie Project in Queensland, targeting major copper-gold mineralisation under a joint venture with Fortescue.

Torque Metals reports breakthrough drilling results at its Paris Gold Project, extending high-grade gold mineralisation beyond existing resources and maintaining strong financial footing for ongoing exploration.

Aeris Resources reported steady Q1 FY26 production with 10.3kt copper equivalent at AISC of A$4.64/lb, alongside significant growth capital investment and promising exploration results.

Alma Metals is advancing its Briggs Copper Project with a deep diamond drill hole underway and the scoping study nearing completion, supported by a Queensland Government grant and solid financial footing.

Solis Minerals has reported encouraging initial drill results from its Ilo Este and Chancho al Palo projects in Peru, revealing extensive copper-gold mineralisation and signs of a high-grade porphyry core.

Canterbury Resources is on the cusp of completing a pivotal scoping study for its Briggs Copper Project, while deep drilling advances to unlock higher-grade mineralisation. The company also moves forward with new exploration initiatives and a share purchase plan to bolster funding.