Latest Geophysics News

FireFly Metals has successfully raised approximately A$139 million through a multi-part equity raising, significantly bolstering its cash reserves to advance its flagship Green Bay Copper-Gold Project in Newfoundland. The company also closed its oversubscribed Share Purchase Plan early, reflecting strong investor demand.

Exultant Mining has launched an aggressive exploration campaign at its Black Hammer Project in New South Wales, collecting 76 rock chip samples and expanding its tenure with a newly granted exploration licence. The company is progressing land access agreements and plans to commence drilling in early 2026.

Cosmo Metals has reported promising results from its maiden drilling at the Spring Creek prospect, confirming continuity of high-grade gold mineralisation and identifying new target zones along a major regional trend.

Torque Metals has raised $16.2 million through a $15 million placement and early option exercises, setting the stage for an aggressive drilling campaign at its Paris Gold Project in Western Australia.

Rapid Critical Metals has announced the discovery of a new parallel silver lode at its Webbs Silver Project in northern New South Wales, following a 2,000-metre diamond drilling program. Early results reveal strong silver mineralisation, opening promising avenues for resource expansion.

Arika Resources has reported a significant expansion of high-grade gold mineralisation at its Pennyweight Point prospect, intersecting thick zones 100 metres below previous drilling. The discovery confirms the continuity of mineralisation and opens new possibilities for mining at the Yundamindra Gold Project.

Diablo Resources has completed drilling at its Phoenix Copper Project and is progressing high-grade silver-antimony exploration at Star Range, positioning itself to capitalize on growing US critical minerals demand.

Ore Resources has completed its Phase 3 drilling at the Miriam Project, targeting extensions of high-grade gold lodes, with assay results expected in late January 2026. The company is well-funded and poised for an active exploration program in 2026.

White Cliff Minerals expands its Rae Copper Project in Nunavut with 1.75km of confirmed sedimentary copper mineralisation and identifies promising new geophysical anomalies for future drilling.

True North Copper has released final assay results from its Aquila prospect, confirming continuous high-grade copper-cobalt-silver mineralisation extending at least 250 metres deep and 900 metres along strike. The discovery underscores the significant growth potential of the Mt Oxide district.

Dynamic Metals Limited advances its Western Australian gold exploration with government-backed drilling approval at Cognac West and promising soil sampling results at Leinster and Lady Jane projects.

Elixir Energy has partnered with QGC to share 3D seismic data over a key Queensland gas permit, aiming to reduce risks ahead of the Daydream-3 appraisal well. This collaboration highlights the strategic importance of the Taroom Trough in Australia’s gas landscape.