Latest Geophysics News

Prospect Resources has declared a maiden JORC-compliant copper resource of 107.2 million tonnes at 0.5% copper at its Mumbezhi Project in Zambia, alongside securing a strategic A$15.2 million investment from First Quantum Minerals. This milestone advances the project towards development with Phase 2 drilling planned for Q2 2025.

Traka Resources has strategically entered Guinea’s prolific Siguiri Basin by securing a 75% earn-in joint venture in the Didi Gold Project, which hosts confirmed high-grade gold mineralisation. The company plans an aggressive multi-stage exploration program backed by an experienced local team.

Southern Hemisphere Mining has identified a significant new copper target, Ferro West, near its existing Ferro deposit at the Llahuin project in Chile, supported by advanced geophysical data and surface copper oxide findings.

Lodestar Minerals has wrapped up its inaugural 16-hole RC drilling campaign at the Darwin IOCG project in northern Chile, targeting high-grade copper and gold mineralisation. Assay results are eagerly awaited, with some samples fast-tracked for early analysis.

CGN Resources reports encouraging gold and IOCG pathfinder element enrichment from its UltraFine+™ surface geochemistry program at the Webb Project, underpinning multiple new high-priority targets ahead of planned drilling in April 2025.

Hot Chili Limited reveals a significant copper-gold porphyry discovery at La Verde, underpinning the growth of its Costa Fuego project in Chile with strong resource expansion and strategic infrastructure advantages.

Great Southern Mining has identified a second large-scale induced polarisation anomaly at its Edinburgh Park Project, highlighting promising potential for significant gold-copper mineralisation. Drilling is slated for mid-2025 following heritage and environmental clearances.

Waratah Minerals has initiated diamond drilling at its Spur Gold-Copper Project in New South Wales, targeting promising porphyry copper-gold-molybdenum mineralisation at the Breccia West Prospect. This move follows recent high-resolution magnetic surveys that have refined exploration targets and aims to deepen understanding of the region's epithermal-porphyry link.

Golden Horse Minerals has reported outstanding initial assay results from Phase 1 drilling at its Hopes Hill gold project, highlighting wide, high-grade mineralisation and reinforcing the project's flagship status.

Viking Mines Limited has confirmed a significant gold discovery at its Northern Duplex Target, with drilling revealing a steeply dipping gold zone and promising assay results. The company is gearing up for further exploration to define the extent of this new mineralisation.

Artemis Resources has completed the second tranche of a $4 million capital raise, enabling the resumption of drilling at its Karratha Gold Project after cyclone-related delays.

Lincoln Minerals is accelerating development across its diversified portfolio of critical minerals projects in South Australia's Gawler Craton, targeting copper, uranium, graphite, and high-purity iron to meet global electrification and decarbonization demands.