Latest Hydrogeology News

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.

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.

Resolution Minerals has reported final assay results from its 2025 drilling campaign at the Golden Gate prospects in Idaho, revealing extensive near-surface gold mineralisation alongside significant tungsten intercepts. The findings confirm the potential for a large, open-ended gold-tungsten deposit, setting the stage for accelerated exploration in 2026.

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.

American Uranium has restarted drilling at its Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade its existing 8.57 million pound resource ahead of key updates in 2026.

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.

Redcastle Resources has confirmed a broad, low-grade gold mineralised system at Morgan’s Castle East, with potential for higher-grade zones. Meanwhile, drilling at Sligo identified a promising aquifer that could support future mining operations.

Pursuit Minerals has delivered a compelling Pre-Feasibility Study for its Rio Grande Sur lithium project in Argentina, confirming strong economics and a maiden Ore Reserve. The company also secured a A$7 million capital raise to advance development.

Axel REE Limited's latest magnesium sulphate leach tests at the Paraíso target confirm robust rare earth grades and a magnet-rich basket, underpinning a modular in-situ leach development at the Caladão Project in Brazil.

Audalia Resources has announced a maiden Ore Reserve for its Medcalf Titanium-Vanadium-Iron Project, supported by a robust January 2026 Pre-Feasibility Study update that highlights strong economic returns and a 9-year mine life.

Caravel Minerals has reached 90% completion of its Definitive Engineering Study for the Caravel Copper Project, secured a critical grid connection offer, and signed a strategic MoU with Adani’s Kutch Copper for offtake and potential investment.

Reach Resources has completed a significant drilling program at its Murchison South Gold Project and secured two new mining leases, setting the stage for enhanced resource confidence and potential open-pit development.