Latest Porphyry Systems News

Augustus Minerals reveals encouraging molybdenum and copper intersections from deep diamond drilling at Minnie Springs, highlighting promising mineralisation trends within its Ti-Tree Project.

Canterbury Resources has unveiled compelling drilling results at its Briggs Copper Project in Queensland, confirming a new Southern porphyry discovery and extending higher-grade mineralisation zones. These findings feed into an updated resource estimate and a scoping study due mid-2025.

Belararox Limited has commenced a significant diamond drilling campaign at its TMT Project in Argentina, supported by a recent A$8.88 million capital raise that underpins its 2025 exploration programs across Argentina and Botswana.

Belararox Limited has validated the presence of a copper porphyry system at its Malambo prospect in Argentina through recent geophysical surveys, setting the stage for an imminent drilling campaign.

Surefire Resources NL has announced a significant extension of gold mineralisation at its Yidby Gold Project, now exceeding 500 metres in strike length. The company’s recent drilling and metallurgical test work support plans for a low-cost heap leach operation.

Waratah Minerals has reported significant progress in its Spur Gold-Copper Project, extending gold zones with over 4,700 metres drilled in the December quarter. Strategic board appointments signal a new phase for the company as it positions itself for further exploration success.

Ballymore Resources advances its Queensland exploration portfolio with a significant new gold-copper target beneath Dittmer and promising drilling results at Cedar Ridge and Ravenswood. Preparations for a deep drilling campaign at Dittmer are underway, signaling potential for a major resource upgrade.

Firetail Resources has identified a promising new porphyry-style copper target at its Picha Project in Peru, accelerating exploration with support from BHP’s Xplor program. Drill permitting for the high-grade Ichucollo target is progressing, setting the stage for a pivotal phase in the project’s development.

Southern Hemisphere Mining reports robust 2024 drilling results at its Llahuin Copper-Gold-Moly Project in Chile, extending the Cerro-Ferro system strike by 300m and revealing high-grade copper-gold intercepts. The company is advancing towards a Mineral Resource Estimate upgrade in the first half of 2025, with deeper diamond drilling planned.

Kincora Copper Limited has unveiled an updated investor presentation outlining its aggressive push towards Tier-1 copper-gold discoveries, backed by over $60 million in partner funding and ramped-up drilling programs across New South Wales and Mongolia.

AusQuest Limited has announced a significant porphyry copper-gold discovery at its wholly owned Cangallo Project in Peru, with maiden drilling revealing extensive mineralisation near surface and strong potential for a low-capital development.

Ballymore Resources is preparing to launch a 2,000m Stage 5 diamond drilling program at its Dittmer Gold Project in February 2025, aiming to extend known gold mineralisation and explore a deep porphyry target. This follows a string of successful drill results that have yet to be fully quantified in a Mineral Resource estimate.