Latest Geophysics News

Scorpion Minerals has submitted a mining lease application for the Old Prospect gold tenements in WA, moving to secure and expand a high-grade JORC resource through planned drilling and strategic partnerships.

Olympio Metals has reported a surge in gold grades from its Phase 2 drilling at the Paquin Prospect within the Bousquet Gold Project, Quebec, delivering 36 new significant intercepts including a standout 3.8m at 5.03 g/t Au and reinforcing the bonanza-grade potential first revealed in March.

Kingfisher Mining has resumed reverse circulation drilling at its Copper Blow project near Broken Hill, targeting extensions of high-grade copper-gold mineralisation to support a maiden resource estimate. The program follows a strategic processing agreement with Broken Hill Mines, underpinning development plans.

Pioneer Minerals has secured US Forest Service approval to reopen the Springfield Mine access road, a move that cuts capital expenditure and boosts exploration momentum at the North Pine Project in Idaho.

Accelerate Resources (ASX: AX8) has revealed encouraging shallow gold results from its Phase 2 RC drilling at the Balagundi Gold Project near Kalgoorlie, confirming multiple mineralised trends and refining exploration targets. The company also completed a sizable aircore program, with assay results pending.

Great Southern Mining (ASX:GSN) is set to restart diamond drilling at its Edinburgh Park joint venture in northern Queensland, focusing on the Mt Dillon target where a significant induced polarization anomaly suggests a large intrusive-related gold system.

Koonenberry Gold has extended gold mineralisation at its Enmore Project to over 415m depth, with visible gold spotted in multiple drill holes and promising results from wide-spaced RC drilling at Hand in Hand. The company maintains a strong cash position to fund ongoing exploration across its NSW portfolio.

West Coast Silver has pinpointed a fresh high-priority conductive anomaly 50 metres east and 110 metres below the Elizabeth Hill Mine using Down Hole Electromagnetic surveying. The company is swiftly moving to drill test this target, which aligns with historic high-grade silver intercepts and could expand the resource base.

Auravelle Metals has enhanced its geological understanding of the Nuckulla Hill project with a detailed aerial magnetic survey, refining drill targets along the prolific Yarlbrinda Shear Zone and setting the stage for upcoming drilling campaigns.

Talisman Mining has confirmed significant near-surface gold mineralisation at its Walkers Hill and East Peak Hill projects in NSW through recent aircore drilling, alongside receiving $0.79 million in iron ore royalties and maintaining a solid cash position.

European Resources Limited has more than doubled the inferred resource at its Korsnäs rare earth elements project in Finland to 15.4 million tonnes at 1.00% total rare earth oxides, driven by new drilling, re-assaying of historical core, and a refined geological model.

Hawk Resources has reported high-grade copper mineralisation near surface at its Cactus project in Utah, with spot pXRF assays peaking at 37.3% copper over potentially wide intervals. The ongoing drilling campaign aims to delineate a shallow mineralised zone along a historically mined corridor.