Latest Geophysics News

Adavale Resources (ASX:ADD) has reported the identification of several high-quality near-mine gold targets at its London-Victoria Gold Mine within the Parkes Gold-Copper Project, NSW, supported by soil geochemistry and drone magnetics. The company plans to commence drilling shortly to test these targets, including a high-priority anomaly at Victoria South with peak soil gold values up to 600ppb Au.

Terra Metals has reported a significant breakthrough at its Southwest SW6 Prospect with the first 2026 diamond drill hole intercepting multiple massive sulfide zones, validating its geophysical targeting approach. Assay results are awaited to confirm the economic potential.

eMetals Limited has inked a binding deal to acquire the Mineral Range Tungsten Project in Utah, marking a strategic move into a critical mineral with robust exploration potential. The company is poised to launch a comprehensive exploration program targeting high-grade tungsten deposits in a mining-friendly US jurisdiction.

Solstice Minerals has raised A$32.6 million through a strongly supported placement to accelerate drilling and studies at its Nanadie Copper-Gold Project in Western Australia. The capital boost positions the company to expand its resource and advance feasibility work.

MRG Metals has confirmed a straightforward and scalable processing method for its high-grade rare earth mineralisation at the Garies Project, achieving an initial 72% recovery of monazite concentrate with potential for further gains.

Altair Minerals has identified two significant gold anomalies at its South Oko project in Guyana, setting the stage for a major drilling campaign starting in April 2026. The discovery of a blind target beneath duricrust highlights the project's promising potential in a premier gold jurisdiction.

Mount Hope Mining’s Phase 2 drilling at Mt Solitary delivers standout high-grade gold intercepts, including visible gold, broadening the known mineralised zone and setting the stage for an ambitious Phase 3 program.

Lithium Energy Limited has completed its initial drilling campaign at the Sandy Creek Prospect within Queensland’s Capricorn Gold-Copper Belt, with assay results expected in late May 2026. The company’s next steps hinge on these findings amid a region rich in historic mineralisation.

Dome Gold Mines Ltd launches a $3 million convertible note offering to fund key developments in Fiji, including the Sigatoka Feasibility Study and expanded exploration for copper, gold, and silver.

SQX Resources has reported impressive assay results from its maiden drilling at the Red Bird Gold Project in Arizona, revealing significant, shallow gold mineralisation with promising continuity. These findings bolster the project's potential for open-pit resource development.

Evergold Minerals has identified a significant new gold target at its Mt Monger project, with soil sampling and gravity surveys revealing an 800-metre gold anomaly at the Gladiator Prospect. Planned drilling aims to test this promising structurally controlled gold system.

AIC Mines has launched an ambitious 2026 drilling campaign targeting 12 prospects near its Eloise copper mine, aiming to uncover transformational copper and gold deposits to boost production.