Latest Portable Xrf News

Prospect Resources has extended copper mineralisation beyond the existing Nyungu Central resource and identified a new copper-bearing system at Sharamba in Zambia. The explorer ended the September quarter with A$33.93 million in cash and term deposits, while its Mumbezhi Scoping Study remains targeted for Q1 2027.

Pinnacle Minerals has agreed to acquire an option over five early-stage Utah tungsten projects and plans to raise up to A$1.3 million to fund the move. The deal would reshape the company’s US exposure, board and capital structure, but remains subject to shareholder approval and several title, access and funding conditions.

Canadian Phosphate has completed 18 Wapiti drill holes and visually traced its phosphate Main Zone across approximately 9km, although laboratory assays are still pending. The company has also completed its Utah acquisition, reported stronger rock phosphate orders and ended September with $3.144 million in cash.

Evolution Energy Minerals has moved its Chikundo copper project into maiden drilling, with chalcopyrite seen in two of the first three holes after quarter end. The company also cleared a Tanzanian licence default notice, while its A$2.25 million cash balance leaves the larger Chilalo development still dependent on funding and execution.

Iron Road has completed 464 metres of RC drilling at its TAU-A nickel-copper-gold target, but laboratory assays are still pending. The quarterly update also brings a major shareholder transition, a CEO retirement and a $1.21 million cash balance into sharper focus.

Raiden Resources posted a wider FY2026 loss after impairing A$8.86 million of exploration assets, while its cash and term deposits fell to A$11.98 million. The company is now concentrating on Brazil’s Crixás gold tailings project, Bulgarian exploration and a proposed divestment of most of Mt Sholl.

Greenvale Energy has identified six additional uranium targets at its Thunderball Project in the Northern Territory, tied to a newly interpreted fault structure and coincident geophysical anomalies. Early laboratory results also support uranium anomalism at Wildcard South and along a possible Hayes Creek Fault splay, although drilling has yet to begin.

RareX has identified a 74-metre zone of anomalous copper in drill hole KRC012 at the Niobe Prospect, with portable XRF readings peaking at 5,724ppm. The result broadens the Khaleesi exploration story, but laboratory assays are still four to six weeks away.

Evolution Energy Minerals has moved its Chikundo Copper Project from surface exploration to subsurface testing, with a 3,350-metre reverse circulation campaign now underway in southern Tanzania. The programme will first target the Malachite Pit and main Chikundo anomaly before optional holes assess three additional prospects.

Hawk Resources has exercised its option to acquire an 80% interest in Western Australia’s Olympus scandium project after securing the approvals needed to begin exploration. The immediate test is whether laboratory assays can validate historical pXRF anomalies before drilling proceeds.

Canadian Phosphate has extended visually identified phosphate mineralisation at its Wapiti project in British Columbia to approximately 9km of strike. The company will spend more on exploration while deferring its Barnes bulk sample to 2027 and relying on lower-margin Montana inventory for near-term supply.

Liberty Metals’ maiden fieldwork at the Oko North Project in Guyana has uncovered extensive artisanal workings and visible gold, validating its exploration strategy ahead of a large soil sampling campaign. The project sits adjacent to multi-million-ounce deposits in the prolific Oko gold district.