Latest Geophysical Targeting News

G11 Resources has expanded its exploration footprint and reported a conceptual copper Exploration Target at Wilandra, while drilling near Tasmania’s Mt Lyell system continues. The company ended the year with $4.91 million in cash but remains loss-making and reliant on future funding to sustain exploration.

Power Minerals has outlined a maiden conceptual Exploration Target of 9.2 million to 10.7 million tonnes at Morro do Ferro in Brazil, grading 7.8% to 9.2% TREO. The result gives the ongoing drilling program a clearer target, but 43% of the upper estimate comes from an untested projected extension and nine recent holes remain unassayed.

Solstice Minerals has extended copper-gold mineralisation beyond Nanadie’s current resource boundary, while downhole electromagnetic surveying has identified a 140m by 140m conductor scheduled for immediate drilling. The results add momentum to a three-rig campaign, but the resource itself remains unchanged.

Great Northern Minerals has identified at least three undrilled chargeability anomalies at its Douglas Creek project in North Queensland, supported by gold, copper, silver and bismuth surface results. The targets sit around a large reverse-polarised magnetic tonalite body that extends to an interpreted depth of about 1 kilometre, but drilling is not expected until mid-2027.

Broken Hill Gold has started a 48 line-kilometre induced polarisation survey and 670 line-kilometre magnetic program at White Dam, targeting sulphide mineralisation beneath existing oxide prospects. A second diamond rig is also mobilising, but the next value test remains firmly in the ground: geophysical anomalies must translate into drilling results and an upgraded resource.

TechGen Metals has outlined a funded exploration campaign spanning gold, copper and silver targets, with about A$3 million in pro forma cash and several assays due through late 2026. The strongest potential catalyst is John Bull, where step-out drilling could support a maiden Mineral Resource Estimate if results are positive.

North Stawell Minerals has used a conference presentation to position Darlington and Darlington West as its leading tests of the Stawell gold model, while outlining a broader Victorian exploration pipeline. The company stresses that the drilling results and resource figures presented have been previously reported, making follow-up work rather than a fresh discovery the key investor question.

LE Minerals has confirmed lithium-bearing brines across its White Plains project in Utah, with 12 direct push holes returning grades of up to 114 mg/L at 15 metres. The company will now work towards a maiden JORC Mineral Resource, although five southern auger sites produced no brine and several claims were not renewed.

Lux Copper has begun its maiden drilling campaign at the 100%-owned Baird Copper Project in Alaska, targeting historical high-grade copper results at Omar and Frost. The first assay results are expected in October, creating a near-term test of the project's exploration potential.

Recharge Metals has identified materially higher tungsten grades in selected re-assayed pulps from its Brandy Hill South copper project in Western Australia. The results strengthen the case for a broad Cu-W-Mo system, but the most important evidence still sits in more than 1,000 samples awaiting testing.

Tali Resources ended its first full year as an ASX-listed explorer with A$5.19 million in cash, a larger West Arunta exploration program and a A$1.48 million loss. The annual report also records a A$516,170 impairment after early drilling returned only moderately anomalous results, keeping the company firmly in the high-risk pre-discovery phase.

Codrus Minerals Limited posted a $1.41 million loss for FY26 as it confirmed gold and molybdenum mineralisation at Bull Run, rationalised its portfolio, and secured a binding acquisition of EdgeMet with a $2.5 million capital raise underway.