Latest Geophysics And Drilling News

Daly Resources has won $150,000 in Northern Territory Government funding to conduct a major airborne electromagnetic survey at its Broughton copper-zinc project, aiming to refine exploration targets in the McArthur Basin.

North Stawell Minerals (ASX:NSM) has uncovered promising extensions to gold mineralisation at its Caledonia Prospect through a detailed 412-sample surface geochemistry program, highlighting untested anomalies and reinforcing the site’s high-grade potential.

Verity Resources has kicked off a systematic soil sampling and geological mapping campaign across its 903km² PL123/2024 tenement in Botswana, targeting copper, nickel, cobalt, silver and gold mineralisation analogous to the nearby Selebi Ni-Cu mine.

Sabre Resources is poised to kick off a major drilling campaign at its Kurundi North Project, aiming to unlock copper-gold deposits analogous to Tennant Creek. This follows a transformative acquisition pending shareholder approval and includes government-backed funding for follow-up diamond drilling.

Greenvale Energy has completed a detailed airborne magnetics-radiometrics survey over its Thunderball Uranium Project in the Northern Territory, supported by a government co-funding grant for further electromagnetic exploration.

Manhattan Gold Corporation has kicked off a 4,000m reverse circulation drilling campaign at its underexplored Hook Lake Project in Nunavut, aiming to confirm and extend historic high-grade gold and polymetallic targets.

Infinity Metals has secured a two-year exclusive option to acquire 100% of the high-grade Swansea copper mine in Arizona and raised A$2.25 million via a discounted placement to fund exploration and acquisition costs.

LinQ Minerals has pinpointed a significant geophysical drill target south of its Gidginbung gold deposit, hinting at a potential 2km strike extension. Concurrently, reinterpretation of the Dam deposit suggests it may be part of a larger, blind porphyry system to the north, with drilling plans in motion for both targets.

Westar Resources has won a Northern Territory Government grant to co-fund an aeromagnetic survey over 569 square kilometres of its Bunda Creek Project, aiming to unlock structural insights critical for sediment-hosted copper exploration.

Pursuit Minerals has expanded its Rio Grande Sur Lithium Project in Argentina by acquiring exclusive rights over 1,362 hectares adjacent to its Mito tenement, increasing the project area to over 10,595 hectares and enhancing its lithium brine resource potential.

Prodigy Gold has won a $112,152 co-funding grant from the Northern Territory Government to drill a 600m hole at its Hyperion Gold Deposit, targeting a major untested geophysical anomaly that could expand the 454,000-ounce resource.

Tivan Limited has landed a $141,237 exploration grant from the Northern Territory Government to fund diamond drilling at its Molyhil Tungsten Project, pushing forward its Pre-Feasibility Study and joint venture talks with Sumitomo Corporation.