Latest Porphyry Deposits News

Sarytogan Graphite Limited has revealed promising copper porphyry mineralisation at its Ilksan prospect in Kazakhstan, intersecting 229 metres at 0.14% copper including higher-grade zones. The results suggest proximity to a high-grade deposit, with further drill results pending.

Godolphin Resources intensifies exploration at Mt Aubrey and Copper Hill East, leveraging a streamlined portfolio and a strategic pivot to precious and base metals in NSW’s Lachlan Fold Belt.

Infinity Metals has locked in an exclusive option to acquire 100% of the Tule Canyon molybdenum-copper project in Nevada, a historically explored porphyry deposit with promising drill results and strategic positioning amid soaring molybdenum prices.

Hot Chili Limited is accelerating development at its La Verde copper-gold deposit in Chile, reporting strong drilling results and securing an additional US$15 million via an amended royalty agreement with OR Royalties. The company is progressing environmental assessments and pre-feasibility studies for the broader Costa Fuego project while maintaining a robust cash position.

Sunstone Metals reported strong exploration progress in the June 2026 quarter at its Bramaderos and El Palmar gold-copper projects in Ecuador, highlighted by consistent long mineralised intersections and a $10 million capital raise.

LinQ Minerals has reported strong copper-gold intersections from its maiden drilling at the Monza prospect within the Gilmore Project, confirming significant shallow mineralisation and extending the known porphyry system.

Waratah Minerals (ASX:WTM) has delivered robust drilling results from its Consols Zone at the Spur Project, extending high-grade gold mineralisation across multiple directions and depths. Notable intercepts include a 144m run at 1.49 g/t Au, underpinning the project's district-scale potential.

Ballymore Resources has kicked off a deep Magnetotelluric survey at its Dittmer Project, aiming to pinpoint a concealed porphyry copper-gold system beneath a historic high-grade gold mine while advancing underground development and resource drilling.

Sunstone Metals secures $10 million in a discounted placement led by DGR Global, which gains a 10% shareholding and board representation to accelerate exploration at high-potential Ecuador projects.

Tivan Limited’s regional stream sediment sampling at Turiscai reveals highly anomalous copper and gold grades, alongside key pathfinder elements, advancing the project towards maiden drilling.

Altitude Minerals has locked in a 2,300m drilling permit and contracted a rig to test high-priority copper-gold targets at its Byrock Project in NSW, with drilling set to start mid-June 2026.

Ballymore Resources has kicked off a detailed gravity survey across a 32km corridor at its Ruddygore Project, aiming to refine targets for silver-lead-zinc and skarn-porphyry deposits. Funded by $383,000 in Queensland government grants, the survey complements ongoing high-grade drilling at Torpy's.