Latest Geophysics News

Resource Minerals International has completed a high-resolution magnetic survey at its Mpanda copper-gold project in Tanzania, revealing promising structural targets and extending exploration zones ahead of a planned drilling campaign in Q3 2026.

Reward Minerals has executed a binding agreement to acquire the Mountain Pond Gold Project in Newfoundland, featuring high-grade gold and copper assays and no prior drilling. The company plans to commence drill testing in the 2026 field season.

Godolphin Resources has revealed a significant 21% increase in gold recovery at its Lewis Ponds Project through the integration of gravity recoverable gold processing, potentially enhancing the project’s already robust economics.

Variscan Mines maintains its 49% interest in the Callabonna Project while Chalice Mining steps in to fund and accelerate exploration through a new earn-in deal with Red Metal.

First Au Limited has secured a binding agreement to acquire the Barlee Gold Project in Western Australia, significantly enlarging its exploration portfolio in a historically productive yet underexplored greenstone belt.

Ballymore Resources has traced a large-scale gold system over a 5km corridor at its Dittmer Gold Project, highlighted by high-grade visible gold near Mount Quandong. Underground development is advancing to support upcoming drilling aimed at expanding the resource.

Belararox Limited has announced a significant discovery of a near-surface high-grade silver zone at its Toro Central prospect in Argentina, revealing promising polymetallic mineralisation. Follow-up drilling is underway to explore the extent of this newly identified silver-rich zone.

QMines Limited has confirmed exceptional gold and silver grades at its Mount Mackenzie Project, revealing a broader hydrothermal system with multiple new exploration targets. The findings suggest significant potential for resource expansion in Central Queensland.

DevEx Resources has identified multiple new kilometre-scale uranium soil anomalies at its Murphy West Project in the Northern Territory, advancing towards a maiden drilling campaign in 2026. These findings align with known uranium mineralisation patterns, reinforcing the project's potential in the McArthur Basin.

Corazon Mining Limited has secured rights to apply for exploration licences covering 537 km² in the Plutonic Marymia Greenstone Belt, following a withdrawal agreement with IGO Limited that includes access to proprietary historical data.

Diablo Resources has pinpointed promising drill targets at its Star Range Silver-Antimony Project in Utah following a detailed geophysical survey, setting the stage for a maiden drilling campaign in Q2 2026.

MRG Metals confirms robust rare earth oxide mineralisation at its Garies project in South Africa, hitting a peak 4.49% TREO over 6.6 metres. This breakthrough drilling result underscores the project's potential as a critical supplier of magnet rare earths vital for clean energy technologies.