Latest Geophysics And Drilling News

FIN Resources has kicked off a fully funded summer drilling program at its Cabin Lake Gold Project, aiming to expand on previous high-grade gold hits with 15 drillholes across 14 fresh targets identified through advanced geophysical surveys.

Kuniko has identified multiple new high-priority drill targets within 1km of its Commonwealth-Silica Hill Project by integrating recent and historical geophysical data, setting the stage for resource growth and district-scale exploration.

Pivotal Metals has secured an option to acquire the Bambino Project in Québec, significantly enlarging its high-grade copper-nickel-platinum group metals footprint at the Belleterre district. The acquisition consolidates a 6km mineralised trend and sets the stage for systematic exploration with planned geophysics and drilling.

Golden Globe Resources has highlighted significant copper-gold potential at its Burns Spur area within the Ridler Creek tenement, supported by recent high-grade rock chip assays and a re-evaluation of 1970s Noranda drilling that revealed extensive copper mineralisation.

Critical Resources has bolstered its Mavis Lake lithium project by staking new claims at the Red Hat gold target in Ontario, spotlighting a historical high-grade gold intercept that sharpens exploration focus.

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.

Viking Mines has secured full permitting and contractor engagement for its maiden 63-hole drilling campaign at the Linka Tungsten Project in Nevada, alongside metallurgical testwork exceeding recovery targets and a strategic divestment of its First Hit Gold Project.

Terra Metals has significantly expanded its Southwest Discovery at the Dante Project with diamond drilling revealing a massive 448-metre continuous PGM-Cu-Ni mineralised interval. The company bolstered its leadership team and secured $20.8 million in fresh funding to accelerate exploration.

AuMEGA Metals has kicked off its 2026 diamond drilling campaign at the Isle aux Morts Granite and Cape Ray West, probing previously untested targets along the Cape Ray Shear Zone in Newfoundland.

Prodigy Gold’s latest scoping study for the Hyperion Gold Project outlines a viable open pit operation with a 260,000-ounce production target and strong financial metrics. Meanwhile, exploration funding and ore sorting advances at Old Pirate support near-term development prospects.

S2 Resources secured new tenements, completed heritage and aeromagnetic surveys, and obtained drilling approvals across WA, NSW, and Victoria, maintaining a robust cash position of A$18.57 million.

Megado Minerals has unveiled compelling magnetic survey results at its Alpartir Silver-Copper-Antimony Project in northern Spain, setting the stage for systematic exploration and drilling pending shareholder approval.