Latest Geophysics News

Kalgoorlie Gold Mining Limited has completed its farm-in at the Pinjin Gold Project, securing a 75% interest and surpassing key milestones with over 75,000 ounces of near-surface gold defined. This positions the company to accelerate exploration in the underexplored Laverton Tectonic Zone.

Sipa Resources has completed key heritage surveys and submitted environmental approvals, setting the stage for maiden drilling at its South Australian gold projects near the 1.6 million ounce Tunkillia deposit.

Hot Chili Limited has identified multiple new porphyry copper-gold targets adjacent to its La Verde discovery in Chile, signaling a potential district-scale mineral system. The company plans to advance exploration with phase-two drilling targeting these promising blind deposits.

Golden Horse Minerals reveals promising drilling results at its Hopes Hill gold project, highlighting continuity of mineralisation at depth and a significant southern extension. The company also reports encouraging shallow high-grade intercepts at the nearby Irene Betty prospect.

Podium Minerals launches a $2.61 million rights issue to advance its Parks Reef PGM project, capitalising on strong market fundamentals and significant resource growth potential.

Kali Metals has reported high-grade gold assay results up to 19.2 g/t from its Marble Bar Project in Western Australia, revealing a 1.4km gold-bearing outcrop. The company is gearing up for an expanded exploration campaign including drone surveys and a maiden drill program.

Locksley Resources has secured $1.47 million through a heavily subscribed placement to fund a critical minerals exploration campaign at its Mojave Project in California, targeting rare earth elements and antimony.

Warriedar Resources has raised A$17 million through a placement to fast-track drilling and development at its Ricciardo deposit, home to Australia’s largest open-pit antimony resource and over 1 million ounces of gold. A Share Purchase Plan will follow, targeting an additional A$2 million.

Alicanto Minerals is set to launch a targeted, low-cost exploration program this northern summer across its Swedish Falun and Sala projects, aiming to unlock new copper, gold, and silver prospects while advancing strategic partnerships.

Copper Search Ltd has successfully raised $850,000 through a placement and announced a subsequent $504,364 rights issue to fund exploration targeting Heavy Mineral Sands in South Australia and gold-copper prospects in New South Wales.

Andean Silver Limited has expanded its Cerro Bayo project in Chile with the discovery of a new 1.2km mineralised vein system, featuring exceptionally high-grade silver and gold assays. This breakthrough significantly extends the known Droughtmaster Corridor and sets the stage for upcoming drilling results.

Ballymore Resources has won $400,000 in Queensland government grants to accelerate exploration at its Dittmer Project, targeting significant copper-gold porphyry systems beneath historic mines.