Latest Geophysics News

Noble Helium has selected three initial drill sites in its North Rukwa Project in Tanzania, backed by significant helium detections and a flexible funding package including convertible notes and an equity facility. However, drilling has been deferred due to seasonal rains.

Galilee Energy reports a $1.9 million R&D tax refund and terminates its merger with Vintage Energy, while maintaining steady progress at its Glenaras Gas Project and a robust cash position of $4.38 million.

Silver Mines Limited is set to commence a 2,000–3,000m diamond drilling program at its recently acquired Elsienora Project, targeting promising silver and gold mineralisation with historic results hinting at McPhillamys-style deposits.

Atrum Coal announces the lifting of suspensions on its Alberta coal mining approvals following a new Ministerial Order, while its legal challenge over previous restrictions advances to trial.

WA Resources Ltd reports significant progress in its West Arunta Project, delivering promising drilling results and metallurgical testwork that pave the way for an updated Mineral Resource estimate in 2025.

Andean Silver has revealed exceptional high-grade mineralisation at its Cerro Bayo project in Chile, including the highest silver equivalent grades in 40 years, with a resource update expected in Q1 2025.

Great Western Exploration has completed initial drilling at its Oval copper-gold target and is advancing approvals for further drilling at its Sumo niobium and Juggernaut VHMS copper-gold targets, while divesting its non-core Yandal West gold project.

Stavely Minerals has reported significant progress in its copper and nickel exploration projects, highlighting promising assay results and new structural insights that could unlock major resource expansions.

Javelin Minerals has completed Phase 1 drilling at its Coogee Gold Project with assay results pending, while finalizing the acquisition of the Eureka Gold Project and preparing for further drilling in early 2025.

Surefire Resources NL's maiden drilling at Copper Hill reveals increasing copper and sulfur levels, signaling promising mineralization beneath surface anomalies. A geophysical survey is set to refine target zones for follow-up exploration.

Investigator Resources Limited has postponed the Definitive Feasibility Study (DFS) for its Paris Silver Project to mid-2025, citing rising costs and the need for further optimisation. Meanwhile, exploration drilling continues and asset sales bolster the company’s cash position to $2.7 million.

Cygnus Metals has reported a significant new copper-gold-silver intersection at its Chibougamau Project, revealing a potential new lode just 250 metres from the main Corner Bay deposit. This discovery underscores the project's exploration upside and resource growth potential.