Latest Geophysics And Drilling News

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.

Stavely Minerals advances its Freddy’s Find gold-silver discovery with deep diamond drilling confirming low-sulphidation epithermal mineralisation, while its Thursday’s Gossan and Cayley Lode copper-gold-silver Scoping Study enters final documentation.

True North Copper is advancing its Mt Oxide Project with a strategic focus on expanding the Aquila copper-cobalt-silver discovery and developing the high-grade Vero resource, aiming to emulate the scale of the nearby Capricorn Copper mine.

Red Hill Minerals has kicked off a 1,200 metre diamond drilling campaign targeting a strong off-hole conductor at its recently expanded Anabama copper-gold project in South Australia, aiming to extend known mineralisation along a now 25-kilometre shear zone.

Infini Resources has completed a high-resolution airborne radiometric survey at its Portland Creek Uranium Project in Newfoundland, enhancing geological targeting ahead of a planned Phase 3 diamond drilling campaign in Q3 2026.

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.