Latest Hydrogeology News

Coda Minerals has delivered critical pre-feasibility study data and secured funding to push its Elizabeth Creek copper-silver project towards development milestones, including environmental approvals and expanded drilling.

Great Boulder Resources has completed its acquisition of the Peak Hill Gold Project, adding a 481,000-ounce resource and setting a course for near-term production. Concurrently, drilling at its Side Well project continues to expand a million-ounce resource, supported by a strong cash position and strategic partnerships.

Heavy Minerals Limited’s Pre-Feasibility Study for its Port Gregory Garnet Project delivers a robust 24-year mine life with a maiden Ore Reserve and a post-tax NPV of A$322.8 million, highlighting a low-capital, high-return industrial mineral operation.

Encounter Resources has lifted its Aileron niobium resource by over half, hitting 120 million tonnes with robust metallurgical results, while advancing copper-gold drilling in WA and the NT.

American Uranium Limited (ASX: AMU) advanced its Lo Herma ISR uranium project in the June 2026 quarter, completing a $2.64 million placement, delivering promising drilling outcomes, and preparing for large-scale pump testing ahead of a Q3 resource update.

Hot Chili Limited’s latest drilling at La Verde continues to reveal extensive near-surface copper-gold mineralisation, reinforcing its role as a cornerstone asset for the Costa Fuego project in Chile with a maiden resource estimate due later this year.

Carnavale Resources has lifted its Kookynie Gold Project resource to 120,000 ounces and is nearing completion of its Bankable Feasibility Study, with exploration drilling set to test new targets.

Deep Yellow Limited has accelerated progress at its flagship Tumas uranium project in Namibia, awarding major construction contracts and pushing detailed engineering close to 80% completion ahead of a Final Investment Decision expected in Q4 2026. Exploration activities in Namibia and Australia continue to build the company’s resource pipeline amid a strengthening uranium market.

Australian Mines has fast-tracked its Flemington Scandium Project pre-feasibility study to explore scaling production from 60 to 180 tonnes per annum amid rising market demand. The study builds on a strong scoping study that valued the project at up to US$860 million NPV.

Argosy Minerals is progressing its 12,000tpa Rincon Lithium Project in Argentina with robust feasibility testwork validating its process flowsheet and securing a 40MW power supply, underpinning its upcoming Definitive Feasibility Study.

Cobre Limited deepens its footprint in Botswana’s Kalahari Copper Belt through a new partnership with Equinor to optimise in-situ copper recovery at Ngami, while drilling campaigns at Ngami and Okavango reinforce mineralisation continuity and highlight fresh exploration targets.

Coda Minerals has kicked off a targeted six-bore hydrogeological drilling campaign at Elizabeth Creek to underpin its Pre-Feasibility Study and environmental approvals, with exploration drilling at Oakden set to follow.