Latest Geophysics And Drilling News

Rapid Critical Metals Ltd has acquired an 80% interest in Green Copper Pty Ltd, gaining control of the Tooloom Silver Project in northern New South Wales. The acquisition adds a large, historically productive silver district with multiple high-grade targets, complementing Rapid's existing NSW assets.

PolarX Limited has reported exceptional high-grade copper assay results from its 2025 drilling at the Caribou Dome Copper Project in Alaska, with plans for a substantial 10,500m drilling campaign commencing in June 2026.

HyTerra Limited has partnered with Omani operator ARA Natural Resources to explore geologic hydrogen opportunities in Oman’s Semail Ophiolite, aiming to pioneer commercialisation in a promising low-carbon energy frontier.

True North Copper has secured a $250,000 Queensland Government grant to fund an advanced drone-based geophysical survey at its Mt Oxide Copper Project, aiming to uncover concealed copper deposits ahead of its 2026 drilling campaign.

First Au Limited has secured a binding agreement to acquire the Barlee Gold Project in Western Australia, significantly enlarging its exploration portfolio in a historically productive yet underexplored greenstone belt.

Lithium Energy Limited has revealed a detailed two-year, $36 million plan to advance its battery minerals projects, supported by a robust $68 million cash position as it prepares for ASX relisting.

DeSoto Resources has identified a substantial 9km-long artisanal gold mining zone at its Koba Project in Guinea’s Siguiri Basin, with high-grade samples up to 15.2g/t Au and ongoing exploration activities underway.

Golden Deeps has identified three significant sulphide targets at its Graceland prospect in Namibia, with maiden drilling revealing exceptional grades of copper, silver, zinc, germanium, and antimony. These findings bolster the company’s ambition to replicate the world-class Tsumeb deposit nearby.

Australasian Metals has lodged a new exploration permit application near its Mt Clermont and Capella projects, targeting multiple promising gold prospects in Central Queensland. The move builds on its existing inferred gold resources and aims to capitalise on strong gold market conditions.

Diablo Resources’ initial soil sampling at the Star Range Project in Utah reveals a significant silver-antimony anomaly extending over 1 km and remains open-ended, supported by high-grade rock samples. The company advances toward maiden drilling with geophysical data pending.

Cauldron Energy has reported a significant 32% increase in uranium resources at its Yanrey Uranium Project, highlighted by a maiden Mineral Resource Estimate for Manyingee North and an upgraded resource at Manyingee South.

SQX Resources has more than doubled its ground position at the Williams Gold-Silver Project in Montana, securing extensive strike extensions of historically high-grade veins. This expansion sets the stage for a major exploration push in 2026.