Latest Geophysics And Drilling News

Somerset Minerals’ latest geophysical survey at the Jura Prospect reveals a mineralised copper zone extending to at least 600 metres below surface, with signs of increasing grade at depth. Parallel untested targets and a new southern anomaly set the stage for expanded drilling campaigns.

SQX Resources has secured an 80% stake in two historically rich gold and silver projects in Montana and Arizona, backed by a $2 million placement to accelerate exploration. This marks the company's strategic entry into the North American precious metals arena.

Golden Deeps Ltd reports exceptional high-grade copper, silver, and germanium results from its Graceland Prospect in Namibia, reinforcing its potential as a critical metals hub and advancing plans for targeted drilling.

Altitude Minerals has finalized the acquisition of the Firenze Silver & Gold Project in Nevada, unlocking a highly prospective, never-drilled silver-gold system with exceptional historical rock chip grades. Exploration and drilling are set to commence in early 2026.

Bindi Metals Limited has agreed to acquire up to an 80% interest in the Ravni gold project in Serbia’s prolific Raska mining district, accompanied by a $2.5 million capital raising to fund exploration activities.

Antares Metals has revealed a major copper discovery at its Mount Isa North Project, with high-grade samples up to 22.5% copper spanning a 9km mineralised shear zone. This district-scale find opens new exploration avenues in a historically underexplored area.

Power Minerals Limited has secured an option to acquire the Gamma Heavy Rare Earths Project in California, adjacent to the Mountain Pass Mine, backed by a $4.1 million placement to accelerate exploration.

Pacgold Limited has launched an extensive exploration campaign at its St George Gold-Antimony Project in Queensland, deploying soil sampling and geophysical surveys ahead of planned drilling.

Superior Resources reports exceptional copper-gold-silver assay results up to 46.5% Cu from its Greenvale Project, confirming Halls Reward and Telegraph as priority high-grade targets. Follow-up exploration is set to unlock further potential.

Litchfield Minerals reports assays confirming up to 35% manganese with a hydrothermal signature at Lucy Creek 2, Northern Territory, signaling a potentially larger manganese system. Planned geophysical surveys and drilling in 2026 aim to unlock further resource potential.

Rimfire Pacific Mining has identified three promising base metal drill targets near Broken Hill, expanding its exploration focus beyond cobalt. The company is exploring commercial options to unlock value from these discoveries amid a regional mining resurgence.

Bayan Mining and Minerals Limited has reported exceptional early-stage rare earth element assay results from its Desert Star Project in California, with heavy mineral concentrates reaching up to 26,286 ppm TREO. These findings highlight the project's strategic potential near the Mountain Pass Mine, North America's only operating rare earth mine.