Latest Geophysics News

Waratah Minerals has raised $8.4 million through a share placement to accelerate drilling at its Spur Gold-Copper Project, targeting promising gold and copper mineralisation in the Lachlan Fold Belt.

Legacy Minerals has resumed drilling at its expansive Thomson Project in NSW, focusing on the promising Cut-B anomaly after completing work on the F4 anomaly. Early results and historical data suggest a significant intrusion-related gold-copper system with high-grade mineralisation potential.

C29 Metals has identified several promising multi-commodity exploration targets in Kazakhstan through advanced airborne geophysical surveys, setting the stage for extensive fieldwork and drilling later this year.

DeSoto Resources has initiated diamond drilling at its 100%-owned Fenton South Au-Cu Project in the Northern Territory, targeting a large, untested geophysical anomaly. The company also prepares to begin drilling at its fully permitted Spectrum Project, aiming to unlock multiple high-priority mineralisation targets.

Somerset Minerals has significantly expanded its footprint in Nunavut’s Coppermine copper region, acquiring 458 km² to become the largest landholder and gearing up for a maiden drilling campaign.

New Frontier Minerals has reported exceptional assay results from its Harts Range Project in the Northern Territory, revealing two new heavy rare earth element prospects with significant niobium and tantalum mineralisation. These findings extend a mineralised corridor over two kilometres and set the stage for upcoming drill programs.

Chilwa Minerals has validated a significant swarm of carbonatites enriched with rare earth elements at its Lake Chilwa project, with ongoing diamond drilling underway and assay results expected soon.

Challenger Gold Limited has formalized an Investment Protection Agreement with Ecuador, safeguarding its $75 million investment in the El Guayabo Project. Concurrently, the company announced a doubling of its Mineral Resource Estimate to 9.1 million ounces gold equivalent across its Ecuadorian assets.

Alvo Minerals is set to become a leading Brazilian explorer with its proposed acquisition of the Lavra Velha Gold Project, complementing its strong copper-zinc and rare earth portfolios.

Torque Metals has won a $144,500 co-funded drilling grant from the Western Australian government to explore down-plunge extensions of high-grade gold at its Paris Gold Project, potentially expanding its resource base.

Tennant Minerals has uncovered a significant copper-in-ironstone anomaly at Bluebird East, mirroring the high-grade Bluebird discovery and setting the stage for a promising new drilling campaign.

Critical Resources Limited has lodged applications to begin maiden drilling at two promising antimony-gold targets within its Halls Peak Project in NSW, aiming to unlock significant mineral potential near Australia’s largest known antimony-gold system.