Latest Porphyry Systems News

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.

LinQ Minerals has reported a significant 144m intercept grading 1.0g/t gold equivalent at The Dam, near its Gidginbung open pit in New South Wales, confirming continuous high-grade mineralisation over a 300m strike. Further assay results are pending, underscoring the potential of the Gilmore Project's southern zone.

AusQuest Limited has significantly extended the copper-gold mineralised system at its Cangallo project in Peru through recent diamond and RC drilling, revealing depths beyond 800 metres and strike length exceeding one kilometre.

Antilles Gold has received an interim distribution of A$3.25 million from the liquidation of a former subsidiary, directing these funds to support construction of its Nueva Sabana copper-gold mine in Cuba.

Belararox Limited has initiated diamond drilling at Toro Central within its Argentine TMT Project, targeting a significant near-surface epithermal copper system. The program aims to unlock the potential of a 1.4 km chargeability anomaly extending toward the largely untested Toro South.

Riversgold Limited has identified promising shallow gold mineralisation in a previously undrilled area at its Northern Zone Gold Project near Kalgoorlie, expanding the potential footprint ahead of planned mining in 2026.

Sunstone Metals has raised $8 million through a discounted share placement to fund a scoping study and drilling at its Bramaderos Gold-Copper Project in Ecuador, while advancing strategic corporate discussions.

AusQuest Limited has raised A$10 million through a share placement to expand drilling at its promising Cangallo copper-gold project in Peru, aiming to unlock higher-grade mineralisation.

AusQuest has kicked off an extensive Stage 3 drilling campaign at its Cangallo copper-gold project in Peru, aiming to expand mineralisation and pinpoint higher-grade zones. The results could reshape the project’s potential and set the stage for deeper exploration.

Solis Minerals has identified multiple promising copper-molybdenum targets at its Cucho project in Peru through advanced 3D geophysical modelling, setting the stage for a diamond drilling campaign in 2026.

Right Resources has confirmed extensive high-grade gold mineralisation along a 1km strike at its Pilot Project in New South Wales, with maiden drilling now in progress to validate these promising findings.