Latest Porphyry Systems News

AusQuest Limited has unveiled significant maiden drilling results at its Cangallo Project in southern Peru, confirming a large-scale porphyry copper-gold system. The company secured $7.5 million in funding to fast-track exploration activities across Peru and Australia.

Australasian Metals Limited is streamlining its portfolio to concentrate on near-term exploration wins, launching a new IP survey at its promising May Queen gold project while exiting less viable ventures.

Great Southern Mining has identified a second large-scale induced polarisation anomaly at its Edinburgh Park Project, highlighting promising potential for significant gold-copper mineralisation. Drilling is slated for mid-2025 following heritage and environmental clearances.

Antilles Gold Limited is raising $1 million through a share and option placement to support working capital and development of its Nueva Sabana copper-gold mine in Cuba.

Waratah Minerals has initiated diamond drilling at its Spur Gold-Copper Project in New South Wales, targeting promising porphyry copper-gold-molybdenum mineralisation at the Breccia West Prospect. This move follows recent high-resolution magnetic surveys that have refined exploration targets and aims to deepen understanding of the region's epithermal-porphyry link.

Superior Resources Limited issues a clarification on its Halls Reward Cu-Au-Ag Mine announcement, addressing compliance gaps while underscoring promising high-grade copper, gold, and silver targets revealed through historical data and ongoing exploration.

Altair Minerals has identified a fourth significant copper porphyry system, Irka Sur, at its Venatica West project in Peru, revealing extensive copper mineralization and hinting at a new regional copper belt.

Legacy Minerals has identified a compelling new porphyry copper-gold drill target at its Glenlogan Project, following advanced geophysical surveys by partner S2 Resources. This discovery builds on last year’s drilling that revealed significant mineralization, positioning Glenlogan as a potential new player in the Macquarie Arc.

S2 Resources has identified a promising porphyry-style copper-gold drill target at its Glenlogan Project in New South Wales through advanced geophysical surveys, setting the stage for focused exploration drilling.

Kincora Copper and AngloGold Ashanti have expanded their initial drilling program at the Nyngan porphyry project following encouraging early results, highlighting the potential for a district-scale copper-gold discovery in New South Wales.

Riversgold Ltd is set to commence its 2025 drilling campaign at the Northern Zone gold project near Kalgoorlie, following a series of promising high-grade gold intercepts and a mining lease application.

Superior Resources has identified compelling high-grade copper, gold, and silver mineralisation at the historic Halls Reward Mine, revealing significant unmined extensions and multiple new targets for exploration.