Latest Groundwater News

Critical Resources Limited’s initial RC drilling at the Cap Burn Gold Project in New Zealand confirms a broad orogenic gold system with strong arsenic association, setting the stage for deeper follow-up drilling.

Boss Energy has released updated Mineral Resource Estimates for its Gould’s Dam and Jason’s Deposit uranium projects, revealing significant increases in contained uranium despite lower average grades. The company is advancing permitting and drilling plans to accelerate development near its Honeymoon Operation in South Australia.

NeuRizer Limited has secured a pivotal partnership with Reliance Industries, enabling it to resolve funding challenges and accelerate its Leigh Creek urea project. This collaboration marks a turning point for the company, allowing it to exit suspension and advance critical regulatory and operational milestones.

Carnavale Resources has completed critical drilling programs at its Kookynie Gold Project, pushing the Bankable Feasibility Study (BFS) forward and targeting a shovel-ready status by Q3 2026. The work upgrades resource confidence and supports detailed metallurgical and geotechnical studies.

Brazilian Critical Minerals Ltd’s latest infill drilling results at the Ema rare earth element project reveal consistent, thick mineralisation across an 82 km² area, bolstering confidence ahead of a key resource update and feasibility study.

Vysarn Limited has reported a record half-year financial performance for 1HFY26, with net profit before tax soaring 92% year-on-year. The company reaffirms its $20 million NPBT target for FY26, underpinned by strong growth across all business segments and strategic project progress.

SciDev Limited posted a $2.14 million loss for the half-year ending December 2025, impacted by restructuring costs and a failed acquisition. Despite a 4% revenue dip, the company secured a major $19.5 million contract and maintains a strong balance sheet.

Vysarn Limited has reported a record first half for FY26 with revenue hitting $66.8 million and NPBT nearly doubling year-on-year to $10 million. The company reaffirms its full-year $20 million NPBT target, supported by strong industrial and advisory segment growth despite timing challenges in technology projects.

Vysarn Limited and the Kariyarra Aboriginal Corporation have advanced their Kariyarra Water Scheme with a key groundwater licence application and a bid to supply bulk water to Port Hedland.

Koonenberry Gold has reported promising Phase II drilling results at its Sunnyside Prospect, extending gold mineralisation to 415 metres vertical depth and revealing high-grade zones at depth. The company’s ongoing exploration efforts continue to highlight the potential for a significant gold system in New South Wales.

Cauldron Energy’s latest groundwater analysis at the Yanrey Uranium Project reveals low chloride and sulphate levels, affirming the site’s suitability for environmentally friendly in situ recovery uranium mining. This milestone supports the company’s plans to expand resources and advance towards production.

Carnavale Resources has launched a comprehensive Bankable Feasibility Study drilling program at its Kookynie Gold Project, aiming to deliver a shovel-ready, high-grade open pit mining scenario by Q3 2026.