Latest Porphyry Systems News

FMR Resources has secured a conditional joint venture for a major copper-gold project in Chile, appointed a new managing director, and raised $2.2 million, while progressing exploration in Canada’s rare earth elements sector.

Cannindah Resources has identified promising new mineralised breccia extensions at its Mt Cannindah project, setting the stage for a focused drilling campaign to expand its copper-gold resource.

AusQuest Limited reports significant expansion of its porphyry copper-gold discovery at the Cangallo Project in southern Peru, with wide copper intercepts from initial Stage 2 drilling and encouraging preliminary metallurgy.

Strickland Metals has launched a new exploration campaign targeting a large porphyry copper-gold system at its Rogozna Project in Serbia, supported by advanced geophysical surveys and strong funding.

FMR Resources has refined its exploration targets at the Southern Porphyry within Chile’s Llahuin Project, confirming surface indications of a copper system and gearing up for drilling in late 2025.

FMR Resources has completed detailed geological mapping and historic drillhole re-logging at its Southern Porphyry target in Chile, confirming surface indications of a copper porphyry system and setting the stage for drilling in late 2025.

Sultan Resources has identified promising new gold and copper targets within its Lachlan Fold Belt tenements, setting the stage for an aggressive exploration campaign backed by recent capital raising.

Alkane Resources reports promising drilling outcomes at its Northern Molong Porphyry Project, highlighting extensions of gold-copper mineralisation at Boda-Kaiser and Driell Creek. The company outlines a robust exploration program with further geophysical surveys and drilling planned.

Titan Minerals has successfully expanded gold and silver mineralisation at its Iguana prospect by up to 800 metres beyond existing resources, while advancing drilling and geophysical surveys at the Dynasty Gold Project.

LCL Resources has extended the known gold-copper porphyry mineralisation at its Dada project in Papua New Guinea through new trenching and pit sampling, revealing promising grades and open-ended potential.

Blackstone Minerals has raised $22.6 million through a heavily oversubscribed placement led by Macquarie Bank, fueling a major drilling program at its Mankayan Copper-Gold Project in the Philippines. The capital raise follows a transformative merger and signals strong institutional confidence in the company’s growth strategy.

Blackstone Minerals has completed its acquisition of IDM International, issuing over 692 million shares and 83 million options, significantly expanding its copper-gold portfolio with the Mankayan project in the Philippines.