Latest Volcanogenic Massive Sulphide Deposits News

Resource Minerals International has identified four priority gold target zones at its Shaib Marqan Project in Saudi Arabia following a detailed ground magnetic survey, setting the stage for a 5,000-metre drilling campaign in 2026.

Manhattan Gold has contracted Northspan Explorations for a 4,000m reverse circulation drilling campaign at its Hook Lake Project in Nunavut, aiming to validate high-grade gold and polymetallic targets across a vast underexplored greenstone belt.

Empire Resources has reported encouraging preliminary assay results from its January 2026 aircore drilling program at the Yuinmery Copper-Gold Project, highlighting new gold and copper mineralisation across multiple prospects. The company plans follow-up deeper drilling to better define these targets.

Exultant Mining has identified a major multi-element soil anomaly at its Peak View prospect in New South Wales, revealing a 900-metre strike length with strong signatures of copper, lead, zinc, silver, and gold. This discovery sets the stage for targeted geophysical surveys and a drilling campaign planned for late Q1 2026.

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.

Middle Island Resources has confirmed two significant copper-in-soil anomalies at its Priboj Project in Serbia, setting the stage for maiden drilling in Q2 2026. The discoveries highlight promising volcanogenic massive sulphide (VMS) potential in a previously unexplored region.

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.

Alvo Minerals reports continued success at its Touro Prospect in Central Brazil, with all recent drill holes intersecting significant copper and zinc sulphides along a 750m strike. The discovery reinforces the Palma Project’s potential as a major volcanic massive sulphide district.

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.