Latest Geophysics News

S2 Resources has completed the sale of its Fosterville exploration licence to Agnico Eagle for A$17 million, significantly strengthening its cash position and enabling a renewed focus on exploration projects in New South Wales and Western Australia.

Artemis Resources has secured a joint venture to earn a 60% stake in the Sharon Dam IOCG copper target, backed by a $220k government grant and planned drilling in early 2026. This deal extends Artemis’ footprint in a promising underexplored copper province in Western Australia.

Western Mines Group reports significant nickel sulphide mineralisation from deep diamond drilling at its Mulga Tank project, reinforcing its vision of a large-scale hybrid nickel system. Drilling will resume in January 2026 to extend these promising results.

Mithril Silver and Gold accelerates exploration at its Copalquin gold-silver project with a third drill rig mobilized and a 25,000-metre drilling program planned for 2026, targeting multiple high-grade zones.

DeSoto Resources reports promising initial gold assay results from its maiden drilling program at Dadjan and Tolé in Guinea, highlighting the potential for a large gold system within its extensive landholding.

Metal Hawk Limited’s first diamond drilling at Leinster South confirms significant high-grade gold mineralisation, revealing thicker zones and new targets for 2026 follow-up drilling.

Ballymore Resources has initiated drilling at the Maniopota polymetallic target in North Queensland, complementing ongoing diamond drilling at the nearby Torpy’s prospect. Early indications suggest significant potential for lead, zinc, copper, silver, and gold mineralisation within a major hydrothermal skarn system.

Clara Resources has inked a binding deal to acquire the Hodgkinson Basin Gold Project in Far North Queensland, setting the stage for an aggressive exploration campaign in 2026. The acquisition, involving over 533 million shares and cash payments, aims to unlock significant gold potential in a historically rich but underexplored region.

McLaren Minerals has acquired the Barossa mineral sands project from Iluka Resources, adding a high-grade zircon-rich asset to its portfolio. The project offers promising prospects near a tier-one mine with structured payments tied to development milestones.

Great Northern Minerals has revealed a significant 1-kilometre quartz-stibnite vein with assays up to 7.1% antimony at its Catalyst Ridge Project, alongside plans to expand its footprint in California. The discovery hints at promising gold potential beneath the surface, echoing nearby major deposits.

Gateway Mining's initial aircore drilling results reveal a broad and promising gold system at the Mustang-Pony Trend, with multiple high-priority targets identified for follow-up in 2026.

Metals Australia reports highly anomalous copper, cobalt, zinc, and bismuth geochemical results from initial drilling at Warrego East, Northern Territory, suggesting potential for deeper Tennant Creek-style copper-gold deposits.