Latest Underground Sampling News

Minerals Exploration has expanded its New Zealand exploration pipeline after broad gold intersections at Jubilee South and high-grade tungsten results at Invincible. The next phase is more ambitious, but A$1.96 million in cash covers only 1.91 quarters at the latest spending rate.

SQX Resources Limited (ASX:SQX) has emerged from a transformational year with two advanced US gold projects, broad shallow mineralisation at Red Bird and exceptional underground assays at Williams. The exploration gains came alongside a $1.83 million loss, falling cash and a further $2.47 million capital raising completed after year-end.

eMetals has shifted its exploration focus from Uganda to a larger Utah tungsten project, where high-grade re-assays have set up a 17-hole drilling campaign. But the ASX-listed explorer ended the year with $1.79 million in cash, $1.40 million of deferred consideration and an auditor-highlighted material uncertainty over its ability to continue as a going concern.

Green & Gold Minerals (ASX:GG1) is raising $3.2 million through a 1-for-2 renounceable rights issue priced at 10 cents per share to fund aggressive drilling programs targeting copper-silver-tin at Herberton and gold resource expansion at Chillagoe's Mt Wandoo.

Black Horse Mining has uncovered a new high-grade gold zone at its Mt Egerton project, revealing a previously overlooked west-dipping fault lode with grades exceeding 10 g/t Au. Planned drilling aims to test the down-dip continuity and expand target areas.

Green & Gold Minerals (ASX:GG1) has revealed significant copper, silver, and tin mineralisation at its Elizabeth Bluffs prospect within the Herberton Conductor Metals Project, supported by historic data and recent sampling. A 3,000m drill campaign at Mt Wandoo is set to commence in September 2026, aiming to extend high-grade gold-silver zones.

QEM Limited’s review of the Big It Tungsten Project in Idaho reveals significant untapped high-grade tungsten, antimony, and gold mineralisation with extensive underground workings, setting the stage for a modern exploration campaign amid strategic supply concerns.

Apollo Minerals has uncovered new zones of unmined tungsten mineralisation at its Couflens project in France, broadening the historic Salau mine’s footprint and underscoring the deposit’s significant exploration potential.

Regener8 Resources has identified significant high-grade silver, zinc, lead, and antimony mineralisation at its newly acquired Srebrenica North Project in Bosnia, with historical and recent sampling underscoring exploration potential.

Infinity Metals has locked in an exclusive option to acquire 100% of the Tule Canyon molybdenum-copper project in Nevada, tapping into a critical minerals asset with strong historical data and strategic positioning amid soaring molybdenum prices.

Nelson Resources has pushed the envelope on its Gold Point Project, unveiling a spectacular 113.5g/t gold assay from underground sampling at the Orleans Mine’s 400-foot level, confirming a structurally controlled high-grade vein system and setting the stage for imminent diamond drilling.

eMetals Limited has significantly grown its Mineral Range Tungsten Project in Utah, securing all mineral claims and reporting multiple high-grade tungsten samples, while completing a 10:1 share consolidation.