Latest Porphyry Systems News

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.

Koonenberry Gold announces the start of a fully funded air core drilling program at the Junee Copper-Gold Joint Venture Project in NSW, managed by Newmont. The program targets multiple porphyry systems with promising geological analogies to world-class deposits.

Eagle Mountain Mining’s recent age-dating confirms Laramide-age latite dykes at its Silver Mountain Project, aligning it with world-class copper porphyry deposits in Arizona and enhancing its exploration prospects.