Latest Groundwater News

Vysarn Limited reported a record FY26 with NPBT of $20.9 million and operational revenue of $140.1 million, while completing the $50 million NewGround acquisition that boosts pro forma EPS by 26.7%.

Anson Resources has clinched approval for its Small Scale Mining Operation at its Green River Lithium Project, clearing the way for a 10,000 tpa lithium carbonate plant in Utah. With all major permits in hand, the company moves closer to refining costs and advancing project financing.

Norwest Minerals is raising $1.89 million through a partly underwritten 1-for-4 entitlement offer priced at $0.007 per share to fund key stages of its Bulgera Heap Leach Scoping Study and secure solvency for FY2026. The offer is supported by director and major shareholder commitments and opens to eligible shareholders on 21 July 2026.

Patriot Resources’ maiden drilling at the Tonic prospect in Zambia has unveiled a new high-grade copper-silver-zinc-cobalt discovery, validating its exploration model and opening avenues for further resource growth near key infrastructure.

Gold Hydrogen gears up for critical Ramsay Project flow testing of Natural Hydrogen and Helium, while advancing a green methanol feasibility study with Mitsubishi Gas Chemical.

Black Canyon has won a $264,800 WA government grant to fund a detailed gravity survey and deep RC drilling at its Wandanya manganese project, accelerating its path to a maiden resource estimate.

Lefroy Exploration has launched a scoping study for its Mt Martin Gold Project, following an updated resource estimate of 460,000 ounces. The study, funded by a recent $3.6 million placement, aims to assess development options by September 2026 while mining operations at Lucky Strike prepare to resume.

Mount Hope Mining has engaged R.W. Corkery & Co to lead environmental baseline studies and prepare for an Environmental Impact Statement at its Mt Solitary gold project, a crucial step towards mining approvals in NSW.

Australian Rare Earths (ASX: AR3) has announced a maiden Ore Reserve of 26 million tonnes at 920 ppm TREO for its Koppamurra Rare Earths Project, underpinned by a robust Pre-Feasibility Study delivering an A$858 million post-tax NPV and a rapid payback of less than one year.

Orpheus Uranium (ASX: ORP) is set to kick off its inaugural drilling program at the Erudina Uranium Prospect within the Frome Project, targeting a 10 km-long palaeochannel system with the aim of refining geological models and advancing towards a potential mineral resource.

Titanium Sands Limited has completed a hydrology study for its Mannar Island heavy mineral sands project, confirming no significant groundwater impact under proposed dredging methods.

Turaco Gold’s pre-feasibility study for the Afema Gold Project in Côte d’Ivoire reveals a maiden 1.91 million ounce Probable Ore Reserve and robust project economics, underpinning a 10.3-year mine life producing over 2 million ounces of gold.