Latest Geophysical Targeting News

OZZ Resources moves closer to acquiring Sulphide Minerals and regaining ASX listing with a $5 million capital raise, while navigating legal challenges on key tenements.

Trek Metals has confirmed that Induced Polarisation (IP) surveying effectively targets concealed manganese mineralisation at its Kuro prospect, with visual manganese found in 43 of 51 recent drill holes. The company also identified a strong IP anomaly at the Coogan copper-gold prospect, planning four drill holes to test it.

Argent Minerals has bolstered confidence in its Kempfield silver-polymetallic project with deep diamond drilling results and appointed mining veteran Mike McKevitt as CEO to steer development efforts.

Aruma Resources has launched a 3,600m Phase 2 diamond drilling program at its Tillex Copper-Silver Project in Ontario’s Timmins district, targeting extensions of a high-grade mineralised system identified in Phase 1.

Kalgoorlie Gold Mining (ASX: KAL) completed a major RC drilling campaign at its Pinjin Gold Project with assays pending, launched a large aircore program at a new LTZ Flexure target, and acquired the Central Yandal Gold Project, expanding its footprint in Western Australia’s prolific gold belts.

Mount Hope Mining has locked in a drill contractor for its Mt Solitary Phase 3 program, aiming to extend gold mineralisation and advance towards a maiden JORC resource by year-end.

Buxton Resources’ initial drilling at the Madman Project has intersected hydrothermal breccia with increasing sulphide content, including pyrrhotite that explains the site’s magnetic anomaly, bolstering hopes for a significant gold-copper system.

Kingfisher Mining has reported strong copper-gold assay results from its recent RC drilling at the Copper Blow IOCG prospect near Broken Hill, confirming wide, high-grade zones and extending mineralisation towards major faults. These results advance the project closer to a maiden resource estimate, supported by a processing deal with Broken Hill Mines.

TechGen Metals has confirmed a major extension of high-grade copper-gold mineralisation at its Red Devil Zone within the Blue Devil Project in WA, setting the stage for imminent maiden drilling.

Terra Metals has extended its Southwest Main Sulfide Corridor at the Dante Project, defining a vast PGM-Cu-Ni-Co system open in all directions and starting near surface, boosting prospects for early-stage mining.

Eagle Mountain Mining’s joint venture with Nittetsu has contracted Boart Longyear for a 6,000-metre drilling campaign at Oracle Ridge, marking a significant step in exploring near-mine copper extensions and testing new geophysical targets.

Magnum Mining has reported compelling assay and desorption results from its Piracanjuba North rare earth element project in Brazil, expanding the geophysical target footprint and advancing drilling towards an Exploration Target and JORC Resource.