Latest Vms Deposits News

Manhattan Corporation has secured regulatory approvals to begin field activities at its Hook Lake Project in Nunavut, Canada, targeting a historic high-grade gold deposit and polymetallic prospects. Initial work aims to validate past data and prepare for a maiden drilling campaign.

Cosmo Metals has unveiled a newly defined +4km volcanogenic massive sulphide (VMS) target corridor at its Bingara Project in NSW, revealing high-grade copper mineralisation and extensive historic workings with no prior drilling.

iTech Minerals has identified a significant 1.3km moving loop electromagnetic (MLEM) conductor beneath high-grade polymetallic mineralisation at its Reward Gold Prospect in the Northern Territory, opening a new chapter in exploration at Reynolds Range.

Sunshine Metals has initiated an 840 line-kilometre helicopter-borne VTEM Max geophysics survey over the Coronation–Highway area, backed by a $231,000 Queensland Government grant. The survey aims to uncover massive sulphide deposits analogous to Sunshine’s Liontown and the historic Highway-Reward mines.

Firetail Resources has identified an 800-metre strike of high-grade copper-only mineralisation at the Earl’s Target within its Skyline Copper Project in Newfoundland, bolstering the case for Cyprus-style VMS deposits in the region.

Horseshoe Metals has extended the gold surface materials processing option at Horseshoe Lights to mid-2025, while advancing copper Direct Shipping Ore activities and negotiating key offtake deals.

OD6 Metals has confirmed significant high-grade copper-zinc-silver volcanogenic massive sulphide mineralisation in its first drilling campaign at Gulf Creek, NSW, marking a major step forward after 60 years of dormancy. The results validate the company’s geophysical targeting and open up promising extensional targets along a 3km strike.

New World Resources has announced a significant 25% increase in the Antler Copper Project's mineral resource, enhancing geological confidence and contained metals, setting a robust stage for production targeted in 2027.

TechGen Metals reports compelling high-grade copper assays and airborne EM targets at Kimberley projects, with imminent drilling programs set to test promising gold anomalies in Western Australia.

AustChina Holdings has completed the acquisition of Penwortham Exploration, gaining full control of promising gold-antimony and base metals projects in Tasmania, and has commenced exploration activities in a prolific mining region.

Patronus Resources has upgraded its Mertondale gold Mineral Resource Estimate to 480,000 ounces and is progressing a Scoping Study, while also identifying strong VMS potential at its Cardinia Project and expanding strategic investments.

OD6 Metals has encountered a regulatory pause in its maiden drilling at the historic Gulf Creek Copper Project, with assay results expected in Q2 2025. Meanwhile, rare earth metallurgical testing at Splinter Rock progresses positively amid a solid cash position.