Latest Porphyry Systems News

Cannindah Resources has reported significant drill results that confirm a large-scale porphyry copper-gold system at its Mt Cannindah project in Queensland, highlighting broad mineralised zones and strong geological indicators for further resource growth.

Waratah Minerals reports significant drilling results that expand high-grade gold zones at its Spur Gold Project in New South Wales, confirming a rapidly growing gold system with world-class potential.

Freehill Mining Limited has secured options to acquire a portfolio of promising copper-gold projects in Chile, including a JORC-compliant resource at Blanco y Negro and extensive exploration potential at Joshua and Samuel. The deal features low upfront payments and milestone-based future costs, aligning with Freehill’s growth strategy supported by its cash-generating aggregates business.

FMR Resources has intersected multiple broad mineralised porphyry phases with visible copper and molybdenite at Target K within its Llahuin Project JV in Chile, refining the search for the core mineralised source.

Sunstone Metals has initiated a significant 5000m diamond drilling campaign at its Bramaderos project in Ecuador, targeting growth of the existing 3.6 million ounce gold-equivalent resource. Early trenching results at the Porotillo porphyry system bolster the potential for substantial resource expansion.

Altitude Minerals has successfully drilled the T55 Target at its Byrock Project in New South Wales, confirming a copper-gold porphyry system consistent with the Macquarie Arc extension. This milestone supports advancing their earn-in agreement and sets the stage for further exploration.

Belararox Limited is accelerating exploration at its TMT Project in Argentina by deploying a second diamond drill rig to test promising copper and precious metals targets, with assay results from initial holes expected soon.

Waratah Minerals has executed a binding agreement to acquire the Ironclad Mining Lease, expanding its Spur Gold Project footprint in New South Wales and unlocking significant gold exploration opportunities.

Golden Mile Resources has validated the Aurora Prospect within its Pearl Copper Project as a significant new gold target, with follow-up rock chip sampling revealing multiple high-grade gold assays. The extensive mineralised footprint and geological indications suggest promising potential for a large-scale deposit.

AusQuest Limited has significantly expanded the copper mineralisation at its Cangallo Project in Peru, extending the porphyry system to over 1,500 metres with promising assay results. Further drilling is planned to explore depth and lateral extensions, highlighting the project's growing potential.

FMR Resources has commenced drilling at Target K within the Southern Porphyry zone of the Llahuin Project JV, aiming to unlock new copper-gold-molybdenum mineralisation. This step follows detailed integration of geological and geophysical data refining the exploration focus.

FMR Resources has started drilling at Target K within the Southern Porphyry system of its Llahuin Project JV in Chile, aiming to test a key 500-metre corridor between previous targets. This move follows detailed integration of geological and geophysical data refining the exploration model.