Latest Geophysical Targets News

Red Metal Limited is progressing key rare earth and base metal projects across Australia, securing government grants and proposing a major Maronan Metals share distribution to shareholders.

AusQuest has confirmed a vast copper-gold system at its Cangallo project in Peru, revealing broad mineralisation and multiple higher-grade zones. Meanwhile, exploration momentum continues in Australia under a South32 alliance, with key drilling programs poised to start.

Pivotal Metals is progressing a mineral resource update and scoping study for its Horden Lake copper project in Québec, targeting a large open-pit operation with strong cashflow potential amid record copper prices.

Mammoth Minerals reported significant shallow gold intercepts at its Excelsior Springs project in Nevada, expanded its landholding with the Imperial Gold Project acquisition, and completed the Paterson divestment, positioning itself for further exploration growth.

European Resources has more than doubled its Korsnäs rare earth resource following a successful drilling program and metallurgical advances, underpinning a $3.4 million capital raise to fund further development.

Bayan Mining and Minerals delivers strong rare earth assay results from its Desert Star project, advances permitting and drill planning at Bayan Springs South, and strengthens its leadership and strategic positioning.

White Cliff Minerals has intersected visual copper sulphides in all five initial drillholes at its Danvers copper deposit in Nunavut, including a significant step-out over 5.2km, validating the Teshierpi Fault Zone as a major copper-bearing structure.

Orange Minerals has confirmed a significant deep extension of volcanic massive sulphide mineralisation at its Lennon’s Find Project in the Pilbara, uncovering multiple new conductive targets for follow-up drilling.

Bayan Mining has pinpointed two high-priority exploration targets at its 100% owned Bayan Springs North Project in Nevada, leveraging newly interpreted USGS airborne magnetic and radiometric data. Both targets display promising geophysical and geochemical signatures reminiscent of the adjacent Maverick Springs mineral system.

West Coast Silver has pinpointed a fresh high-priority conductive anomaly 50 metres east and 110 metres below the Elizabeth Hill Mine using Down Hole Electromagnetic surveying. The company is swiftly moving to drill test this target, which aligns with historic high-grade silver intercepts and could expand the resource base.

Tennant Minerals has intersected a thick zone of intense copper-gold-bismuth mineralisation at its Bluebird discovery, extending the high-grade resource footprint and underpinning plans for further exploration and metallurgical testing.

Legend Mining has identified significant chargeable-resistive features at its Pinnacle Well Project, enhancing gold prospectivity at Alpha North and Pyrophyllite Hill. The company is progressing drill approvals aiming for a July start, supported by a solid $10.2 million cash balance.