Latest Geophysics News

GBM Resources reports robust progress in its Queensland and South Australian gold projects, highlighted by a $12 million farm-in deal at Twin Hills and positive cash flow from White Dam. Exploration strategies and corporate restructuring set the stage for a pivotal 2025.

Great Southern Mining Limited reports promising assay results from its Duketon Gold Project, extending high-grade gold mineralisation and identifying new anomalies, alongside a $2.4 million capital raise to fund ongoing exploration.

Xanadu Mines has delivered a landmark Pre-Feasibility Study and Maiden Ore Reserve for its Kharmagtai Copper-Gold Project, confirming its status as a world-class asset. The company also secured $7.5 million in funding and transitioned project operatorship to Zijin Mining, setting the stage for a Bankable Feasibility Study.

Krakatoa Resources has taken a major step by signing an option to acquire an 80% interest in the Zopkhito antimony-gold project in Georgia, complementing a $220,000 drilling grant for its Mt Clere REE project and a $1.18 million capital raise.

Felix Gold Limited is advancing plans for near-term antimony production at its historic Scrafford Mine in Alaska, backed by a recent $4.8 million capital raise and strategic positioning amid critical mineral shortages in the U.S.

Battery Age Minerals has executed a Farm-In Agreement to acquire up to 100% ownership of the El Aguila gold and silver project in Argentina’s prolific Santa Cruz province, unveiling promising high-grade mineralisation and significant exploration upside.

True North Copper has successfully recapitalised following voluntary administration, securing a strong balance sheet and pivoting to an aggressive exploration strategy at its key Queensland copper projects.

Rubix Resources has identified significant untested chargeability anomalies at its Paperbark project, submitting applications for co-funding to drill these promising targets while progressing exploration across its diversified portfolio.

C29 Metals closes December quarter with $2.56 million cash and key drilling approvals for its Ulytau uranium project, but faces a significant hurdle after Ministerial refusal to transfer ownership of its Kazakhstan tenement.

Great Divide Mining Ltd has taken a decisive step towards gold production by securing a binding farm-in agreement for the historic Adelong Gold Mine, while promising exploration results at its Queensland projects signal further growth potential.

XTC Lithium's latest quarterly report reveals significant gold and lithium anomalies from an extensive auger drilling program at its Southern Cross project, highlighting promising exploration potential.

Tolu Minerals reports significant progress in recommencing production and expanding resources at its Tolukuma mine, underpinned by strategic hires and advanced geophysical surveys.