Latest Soil Sampling News

Agrimin has completed its withdrawal from the Mackay Potash Project and repositioned itself around exploration at the 480-square-kilometre Mount Squires Project. The pivot reduced the company’s annual loss, but left it with $1.08 million in cash, net current liabilities and no JORC mineral resources or ore reserves.

Liberty Metals’ maiden rock chip program at Oko North has returned four samples above 1 g/t gold, including a peak assay of 2.322 g/t. The reconnaissance results support the company’s interpretation that historical alluvial gold may be sourced from hard rock within its Guyana tenure, but drilling is still required to test continuity and scale.

Lightning Minerals says reconnaissance sampling has expanded the Warby Project’s interpreted tungsten system well beyond its World War I-era workings, with rock chips grading up to 5.5% tungsten. The company has fast-tracked further soil sampling to define the anomalies before selecting maiden drill targets.

Mamba Exploration has confirmed 165 historical copper intersections across a 3km corridor at its 70%-owned Meeka East project, supporting a new felsic volcanic exploration model. The company plans further mapping, geophysics and drilling, although the historical data is not sufficient to define a mineral resource.

Bayan Mining and Minerals has begun a third phase of surface sampling at its Bayan Springs South gold project in Nevada, extending an open southern anomaly and testing a previously unsampled northern fault intersection. The work is intended to sharpen drill targets, while assays from the company’s completed Desert Star RC program are expected in October 2026.

BPM Minerals has begun its first-ever drilling at the 6km Bonnie and Clyde gold-in-soil anomaly in Western Australia, launching a 10,000-metre campaign targeting possible Tropicana-style mineralisation. The exploration upside remains untested, with assays from Bonnie and Clyde and Beachcomber expected from late 2026 into early 2027.

Empire Resources has identified four magnetic anomalies and prioritised two for drilling at its renamed Bradley Well project in Western Australia. Historical copper intercepts provide geological clues, but the targets remain untested and drilling timing depends on rig availability.

Taruga Minerals has identified a new northeast-trending gold-copper zone at Uaroo Ridge in Western Australia, led by a rock chip grading 1.4g/t gold and 4.3% copper. The result expands the prospect’s exploration footprint, but remains an early-stage surface sampling result with no drilling or resource estimate.

Dalaroo Metals has identified coincident geophysical and geochemical features at its Watheroo Cu-Ni-PGE prospect, including a modelled chargeability response of approximately 18 mV/V. The results support plans for deep RC drilling, but the anomalies remain unproven and could have non-mineralisation sources.

Daly Resources ended FY2026 with $11.05 million in cash after its $12 million IPO, but reported a $3.63 million loss dominated by share-based remuneration. The ASX-listed explorer has no defined mineral resources or ore reserves and must now convert its exploration portfolio into results.

BPM Minerals has entered its most consequential exploration phase after expanding Beachcomber into a multi-lode gold system and securing A$6.6 million in cash. The company is now drilling toward a maiden JORC resource, although its option to acquire the Forelands project remains unexercised and no resource has yet been estimated.

Reward Minerals has secured approval for the first-ever drilling at its Jackpot gold-copper prospect in Newfoundland, with a seven-hole campaign expected to begin within days. New soil results have also extended the exploration story across a 1.2-kilometre corridor, including a 378ppb gold anomaly at High Stakes.