Latest Volcanogenic Massive Sulphide News

Kuniko Limited has secured new funding and is poised to commence drilling at its Commonwealth Gold-Silver Project in New South Wales, targeting district-scale precious metals in a Tier-1 jurisdiction.

Kuniko Limited has commenced fieldwork at its Commonwealth Gold-Silver Project in New South Wales, targeting high-grade precious metals within the prolific Lachlan Fold Belt. The company aims to validate historical resource estimates and advance exploration alongside its battery metals portfolio in Europe.

Asian Battery Metals PLC’s due diligence drilling at the Maikhan Uul copper-gold project confirms more than 20 metres of massive sulphide mineralisation, validating historic data and advancing its acquisition option.

Forrestania Resources is set to begin diamond drilling at its Breakaway Dam Copper VMS prospect, aiming to unlock a potentially district-scale copper system in Western Australia’s Eastern Goldfields.

Venus Metals Corporation reports significant zinc and indium mineralisation from recent diamond drilling at its Youanmi Base Metals Project, initiating metallurgical testwork to refine zinc concentrate quality.

Kuniko Limited has raised A$1.52 million through a rights issue shortfall and top-up placement, fully funding Stage-1 exploration at its Commonwealth Gold-Silver Project in NSW. Exploration activities, including geochemical sampling and airborne geophysics, are now underway in the prolific Lachlan Fold Belt.

S2 Resources has commenced a two-month drilling campaign at its Warraweena project in northern NSW, targeting six geophysical anomalies with potential for multiple valuable mineral deposits. A follow-up gravity survey is advancing to refine these targets further.

Kuniko Limited has completed the earn-in agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW’s Lachlan Fold Belt, with drilling set to commence soon. This milestone expands Kuniko’s portfolio of strategic minerals critical to the energy transition.

Impact Minerals has partnered with Kuniko Limited, granting them the right to earn up to 70% of the Commonwealth gold-silver project in NSW’s Lachlan Fold Belt through a $3 million exploration commitment over four years.

S2 Resources has significantly expanded its Jillewarra project area over a highly prospective gold shear zone and completed drilling at West Murchison, with assay results pending. Meanwhile, Glenlogan assays returned no significant mineralisation.

Manhattan Corporation has significantly expanded its Hook Lake exploration footprint in Nunavut, staking new claims and preparing a detailed magnetic survey to unlock the project's gold and polymetallic potential.

Asian Battery Metals has confirmed excellent copper recoveries of up to 95% from metallurgical testing at its Oval Cu-Ni-PGE discovery in Mongolia, validating a straightforward flotation process for producing marketable copper concentrate.