Latest Porphyry Systems News

AusQuest has secured permits to launch a major drilling campaign at its Cangallo copper-gold project in Peru, aiming to pinpoint the porphyry system’s core and potentially double resource size.

AusQuest’s diamond drilling at the Cangallo project in Peru has more than doubled the known depth of copper mineralisation, revealing a large-scale porphyry system with promising near-surface enrichment.

Belararox Limited has initiated advanced geophysical surveys at its Toro South target in Argentina, setting the stage for drilling in late 2025. Age dating confirms geological similarities to major copper systems, enhancing the project's appeal.

FMR Resources’ drilling at the Llahuin Project’s Southern Porphyry target has confirmed copper-bearing veining and potassic alteration above the main geophysical anomaly, reinforcing exploration models despite a temporary pause in drilling.

Lightning Minerals reports strong assay results from its inaugural Mt Turner drilling campaign, confirming high-grade gold and base metals mineralisation and setting the stage for expanded exploration in 2026.

FMR Resources has reached 1,198.9 metres in drilling at its Southern Porphyry target in Chile, revealing encouraging copper mineralisation and potassic alteration above the main target zone. Despite a temporary pause due to mechanical issues, drilling is set to resume soon, reinforcing confidence in the project’s geological model.

Cannindah Resources has identified a 400-metre strike extension of copper-gold-molybdenum mineralisation at its Southern Target within the Mt Cannindah Project, Queensland, expanding the porphyry system footprint significantly. The company is advancing its drill program with scout drilling planned imminently to test this promising zone.

Killi Resources reports promising copper and gold assay results at its Mt Rawdon West Project, while exploration advances at West Tanami under a joint venture with Gold Fields. The company maintains a solid cash position to fund ongoing work.

Superior Resources has boosted its Greenvale Project area by 56%, revealing exceptional copper-gold-silver assay results and advancing its Steam Engine Gold Project towards production within two years.

Antilles Gold advances its Cuban mining ambitions with a binding EPC contract signed and construction slated to begin early next year at the Nueva Sabana copper-gold project.

Sunstone Metals advances corporate talks potentially leading to a formal offer while updating its Bramaderos Mineral Resource to support a scoping study. Exploration at its Ecuador projects reveals significant gold and copper potential.

AusQuest Limited reports significant growth in copper-gold mineralisation at its Cangallo Project in Peru, alongside advancing multiple Australian base metal projects and maintaining a solid cash position.