Latest Porphyry Systems News

Solis Minerals has made a decisive leap in its Peruvian copper-gold exploration with the acquisition of the Cucho Project and a successful $5.9 million capital raise, setting the stage for an active 2026 drilling campaign.

Sultan Resources has intensified exploration across its Lachlan Fold Belt tenements in NSW, focusing on promising gold-copper porphyry targets while securing $1.1 million to fund upcoming work.

Cannindah Resources has delivered a strong quarter with significant drill results upgrading the Mt Cannindah copper-gold project, including a new Exploration Target at the Southern Target porphyry system.

Far East Gold’s December quarter report highlights significant high-grade gold discoveries at its Idenburg Project and a key regulatory approval that paves the way for accelerated development.

Solis Minerals has confirmed extensive copper-gold mineralisation at its Ilo Este and Chancho al Palo projects in Peru, reinforcing the potential for a large-scale porphyry system. The company plans to leverage these results in 3D geological models as it shifts drilling focus to advanced projects amid strong copper prices.

Southern Hemisphere Mining’s latest quarterly report highlights a significant increase in copper and gold prices, boosting the value of its Llahuin project, alongside promising drilling results and a high-grade copper discovery at surface.

Cannindah Resources has reported significant high-grade gold and copper intersections from its first deep drilling campaign at the Mt Cannindah Southern Porphyry Target, confirming a large and fertile mineral system.

AusQuest Limited has reported significant progress at its Cangallo copper-gold project in Peru, extending mineralisation and advancing drilling programs, supported by a $10 million capital raise and an extended partnership with South32.

Sunstone Metals has reported a 33% increase in its Bramaderos gold-copper resource to 3.6 million ounces gold equivalent, alongside a maiden 1.2 million ounce resource at El Palmar. The company is gearing up for renewed drilling and advancing strategic partnerships.

Sarytogan Graphite Limited has revealed a significant copper anomaly at its Baynazar project in Kazakhstan, outlining a 600-metre-wide zone with up to 0.5% copper. The company plans deeper drilling to explore this promising copper porphyry system, pending funding.

Riversgold Limited reports encouraging shallow gold intersections at its Northern Zone Gold Project near Kalgoorlie, supported by a $2.15 million capital raise with MEGA Resources as a key investor. The drilling results and strategic partnership set the stage for advancing mining plans in 2026.

FMR Resources advances its copper-gold exploration with significant drilling progress at Chile’s Llahuin Project and maiden drilling success in Canada’s Goshen Prospect, supported by strong financial footing and strategic leadership changes.