Latest Geophysics And Geochemistry News

Dynamic Metals will sell its Lady Jane Gold Project to First Au for up to A$650,000 while retaining a 1.5% gross revenue royalty. The buyer must spend at least A$250,000 on direct drilling within two years, or Dynamic can seek to take the project back.

Truscott Mining has confirmed gold mineralisation at a new Westminster structural target and is preparing diamond drilling ahead of a JORC 2012 resource update. The exploration progress comes alongside a larger loss, ongoing funding dependence and an auditor-highlighted material uncertainty over its ability to continue as a going concern.

Broken Hill Gold has started a 48 line-kilometre induced polarisation survey and 670 line-kilometre magnetic program at White Dam, targeting sulphide mineralisation beneath existing oxide prospects. A second diamond rig is also mobilising, but the next value test remains firmly in the ground: geophysical anomalies must translate into drilling results and an upgraded resource.

Santa Fe Minerals (ASX:SFM) has reported assay results from 16 diamond and reverse circulation drill holes at its Satama Gold Prospect in Côte d’Ivoire, confirming gold mineralisation over at least 2.5km strike and at depth. Drilling was hampered by an RC rig failure, prompting a shift to diamond drilling and plans to resume RC drilling for step-out targets.

Vita Resources has inked a Heads of Agreement with Otago Gold, marking its strategic entry into New Zealand's gold sector with exclusive rights to explore hard-rock deposits below 10 metres depth across key Southland and Otago tenements.

Constellation Resources has advanced its Western Australian exploration with granted permits targeting natural gas, hydrogen, and helium, alongside promising copper-gold drilling results at Ularring. The company is raising $3.22 million through an entitlement offer to fund further exploration.

Constellation Resources has reported encouraging shallow copper-gold mineralisation from its maiden drilling at the Ularring project in Western Australia, with further exploration slated for the next field season.

Pioneer Minerals has appointed Alaska Midnight Sun Drilling for its first reverse circulation drill campaign at the Springfield Tungsten, Gold and Gallium Project in Idaho, targeting high-grade multi-commodity mineralisation in Q3 2026.

Catalina Resources has secured a significant portfolio of gold and base metal projects in Western Australia's Mid-West and Lake Johnston regions, backed by a $3 million capital raise to accelerate exploration and development.

Kuniko Limited has uncovered extraordinary high-grade silver and gold mineralisation at Silica Hill, extending the known system beyond previous limits and setting the stage for a major Phase 2 drill campaign.

Diablo Resources has identified multiple high-grade silver-antimony-copper-gold trends at its Star Range Project in Utah, with maiden drilling scheduled for Q2 2026. Early drilling at the Phoenix Copper Project also confirmed shallow copper mineralisation, supporting further exploration.

Australian Critical Minerals (ASX:ACM) has launched its maiden diamond drilling campaign at the Flint Gold-Silver Project in Peru, backed by a $3 million capital raise and expanded land holdings. The drilling targets a 4 km high-sulphidation epithermal system, with advanced core logging technology deployed to accelerate geological insights.