Latest Geophysics News

Ozz Resources aims to raise up to AUD 5 million through a public offer to fund the acquisition of Sulphide Minerals and exploration of the Bedaburra Project, pending ASX re-admission and shareholder approval.

South32 advances its stake in Hammer Metals’ Isa Valley project with a A$3 million exploration commitment, while Sumitomo Metal Mining Oceania signals withdrawal from the Bullrush joint venture.

Legacy Minerals has kicked off an 885m drilling campaign at McMahons Reef within its Harden Gold Project, funded by Hill Tops Gold under a joint venture. Meanwhile, Rio Tinto Exploration has withdrawn from the Thomson Project, returning 100% ownership to Legacy Minerals.

Emperor Energy has submitted a revised Environmental Plan for its Judith-2 appraisal well and is advancing drilling preparations, including securing contractors and negotiating the Valaris-107 rig contract for a late Q1 2027 start.

Aureka Limited's latest high-resolution drone magnetic survey over its Irvine Gold Project has unveiled several new high-priority exploration targets, with ongoing diamond drilling aimed at expanding its 304koz JORC resource. The engagement of renowned geologist Dr Barry Murphy signals a strategic push to decode the project's complex structural geology.

AuKing Mining expands its footprint at the Tundulu Rare Earths Project in Malawi through a structured earn-in agreement and a fresh airborne survey revealing a larger carbonatite system with multiple new drill targets.

Right Resources’ drilling at the Pilot Project in Tumbarumba validates a large Reduced Intrusive Related Gold System, with assays highlighting low grades in the transitional halo but confirming the presence of a substantial mineralised footprint. The high-grade core remains untested, marking a key exploration focus.

Magnum Mining has significantly increased its exploration footprint around the Piracanjuba rare earth clay discovery in Brazil, securing 14 new permits and advancing a major drilling campaign targeting a large-scale deposit.

Locksley Resources’ maiden diamond drilling at El Campo reveals significant NdPr-enriched rare earth mineralisation akin to Mountain Pass, while Desert Antimony Mine drilling extends high-grade stibnite zones beneath historic workings.

Core Energy Minerals’ latest infill auger drilling results at its Tunas Project in Brazil reveal strong, continuous rare earth element mineralisation near surface, with assays up to 12.3m at 2,014.9ppm TREO. Mineralisation remains open at depth, underpinning the project’s potential for expansion.

Bayan Mining has kicked off its first-ever drilling campaign at the Desert Star Rare Earth Project in California, aiming to test promising high-grade surface mineralisation and geophysical targets near the Mountain Pass mine.

Chalice Mining has outlined a compelling 2.5km copper-molybdenum-silver soil anomaly near Goomalling, WA, featuring rock chips with over 15% total rare earth oxides and strategic magnet rare earths. An initial drilling program is imminent.