Latest Volcanogenic Massive Sulphide Deposits News

Mammoth Minerals has kicked off its maiden diamond drilling at the Excelsior Springs Gold-Silver Project in Nevada, delivering multiple high-grade intercepts and expanding its landholding by 340%. A $7.5 million capital raise supports ongoing exploration across its Americas portfolio.

Lithium Energy Limited has identified a potential porphyry copper-molybdenum system at its Bajool Prospect in Queensland, supported by advanced geophysical surveys and backed by government funding. The company is poised to commence drilling to validate this significant discovery within the Capricorn Gold-Copper Belt Project.

Mount Hope Mining has completed Phase 1 drilling at its Mt Solitary Gold Project with promising high-grade gold results and has commenced Phase 2 drilling, backed by a $1.23 million capital raise to accelerate exploration along the 7.5km MS2 Gold Corridor.

Capricorn Metals has secured the Yalgoo Project, significantly enlarging its Mt Gibson Gold Project tenure and setting the stage for new exploration in 2026.

Alara Resources and partners have completed their maiden drilling program at Oman’s Block 8, revealing encouraging copper and zinc mineralisation consistent with Volcanogenic Massive Sulphide deposits. The results validate the geological model and set the stage for further exploration.

Reward Minerals has signed a binding Letter of Intent to acquire the Copper Lance Project in Newfoundland, a promising volcanogenic massive sulphide deposit with historic high-grade copper and silver results. The company plans to fast-track exploration to unlock value in this underexplored Canadian terrane.

Resource Minerals International Ltd has acquired a 50% interest in a Saudi Arabian joint venture, gaining access to the highly prospective Shaib Marqan gold and base metals exploration licence. This move positions RMI to leverage Saudi Arabia’s expanding mining sector under Vision 2030 reforms.

Empire Resources has released final assay results from its June 2025 drilling at the Yuinmery Copper-Gold Project, revealing promising high-grade copper intercepts and broad mineralised zones that warrant further exploration.

Nimy Resources has identified a significant copper-zinc-gold anomaly at its Sneaky Squirrel Gossan Prospect within the Mons Project, Western Australia, hinting at a potential volcanogenic massive sulphide deposit similar to Golden Grove.

Empire Resources has completed a significant 21-hole reverse circulation drilling campaign at its Yuinmery Project, targeting copper-gold mineralisation across multiple prospects. Assay results are pending, with the company poised to define resource potential amid ongoing exploration.

Nimy Resources has reported exceptional high-grade gallium results from its Block 3 drilling campaign in Western Australia, setting the stage for a maiden JORC resource estimate in the coming quarter.

Bryah Resources has raised $170,000 through a discounted private placement to fund critical environmental and mining studies at its Golden Pike project, underpinning its ongoing exploration ambitions.