Latest Geophysics News

Piche Resources completed its maiden RC drilling at Cerro Chacón, confirming a low-sulphidation epithermal gold-silver system at Toro Hosco, while a strategic review of Ashburton highlights high-grade rare earths and uranium potential.

Taruga Minerals secured key exploration licences at its Weioko Gold Deposit in Papua New Guinea, paving the way for the first drilling since 2009. Concurrently, the company formalised land access at Kol Mountain and identified multiple high-priority copper-gold targets as field programs ramp up.

OzAurum Resources has locked in consistent high-grade gold mineralisation along its Mulgabbie North Paleochannel, driving a shift from study to construction with heap leach plant refurbishment near completion and civil works underway.

Greenvale Energy has secured $3.25 million through a placement to fast-track uranium exploration at its Thunderball Project in the Northern Territory, while also advancing its Pine Creek acquisition.

Accelerate Resources has reported a new gold discovery at its Balagundi project, strong assay results from multiple prospects, and a significant project expansion, supported by a $2 million capital raise to fund ongoing exploration.

Alligator Energy's drilling campaign at the Samphire Uranium Project has pushed uranium mineralisation 600 metres south of Blackbush, unlocking new ground on the Mullaquana Crown Lease and advancing resource delineation and feasibility efforts.

FireFly Metals has delivered exceptional high-grade copper-gold drilling results from its Green Bay project, prompting an updated resource estimate and pushing its economic study completion to August 2026. The company also simplified its portfolio by selling Ontario gold assets and gained entry into the S&P/ASX 200 Index.

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.

Cazaly Resources has confirmed high-grade gold mineralisation at depth in Western Australia's Goongarrie Gold Project and secured ground access for a detailed magnetic survey in Namibia’s Abenab North project, maintaining a solid cash position of approximately $4.5 million.

Loyal Metals has secured full ownership of the Highway Reward Copper-Gold Mine and progressed its North American lithium projects, while moving forward with a A$79.1 million cash takeover by PT Bumi Resources.

Avira Resources has secured critical approvals and made substantial progress in its 4,500-metre RC drilling program at the Mt Cattlin Gold Project, advancing towards a maiden resource estimate targeted for Q4 2026.

Trek Metals has completed its maiden manganese drilling at the Kuro discovery in WA, with visual manganese logged in 63 of 72 holes. The drilling confirms Induced Polarisation as an effective tool for uncovering concealed manganese mineralisation, with assay results expected by early August.