Latest Volcanogenic Massive Sulphide News

Sunshine Metals reveals a robust Mining Study at its Liontown Project in Queensland, targeting shallow oxide gold with initial production of approximately 75,000 ounces of gold and 654,000 ounces of silver, generating an estimated net operating cashflow of $163 million. High-grade drilling results and a $202K government grant support ongoing exploration and development.

Pacific Resources (ASX: PXR) has progressed technical due diligence on its optioned Eastern Victorian Goldfields Project, outlining a conceptual 6,000 to 25,000-ounce gold target at Ernestine. Meanwhile, channel sampling at its Tasmanian Sulphide Creek Project is complete, with assay results pending.

Manhattan Gold Corporation has secured A$3 million to kick off a 4,000m reverse circulation drilling program at its Hook Lake Project in Nunavut, Canada, while expanding its exploration area by 81km² with new mineral claims covering high-grade gold anomalies.

Lithium Energy has wrapped up diamond and air core drilling at the Bajool Prospect, unveiling geochemical trends aligned with a potential porphyry system, while awaiting critical diamond core assay results.

Aruma Resources has kicked off its maiden diamond drilling campaign at the Tillex Copper-Silver Project in Ontario, aiming to expand the known high-grade copper mineralisation and deliver a substantial resource estimate.

Argent Minerals has reported a landmark 133.1m intercept averaging 72.4 g/t silver equivalent from near surface at its Kempfield Project, including a stunning visible gold assay that deepens the resource by 80 metres and underscores its polymetallic potential.

Wildcat Resources (ASX: WC8) has expanded its Bolt Cutter Central lithium discovery footprint beyond 2.3km with multiple high-grade spodumene intercepts, while advancing the Definitive Feasibility Study for its Tabba Tabba Project. The company maintains a strong cash position of A$43.3 million as it prepares for further drilling and development milestones.

Loyal Metals has exercised its option to acquire 100% of the Highway Reward Copper-Gold Mine in Queensland, triggering the sale agreement and setting the stage for full ownership by H2 2026. This move follows extensive exploration that confirmed the project's exceptional grade and scale.

Infinity Mining (ASX:IMI) has pinpointed significant gold and copper anomalies in the Pilbara, with historic samples hitting 240 g/t gold and 7.8% copper. The company plans surface sampling and drilling this winter, while appointing geologist Steven Wood to its board.

Exultant Mining Limited (ASX:10X) has identified several compelling geophysical anomalies at its Peak View Prospect in New South Wales, setting the stage for a maiden drilling campaign planned for late April 2026.

FireFly Metals Ltd reports strong drilling results at its Green Bay Copper-Gold Project in Canada, reinforcing the continuity of high-grade mineralisation in the Core Zone and adjacent VMS zones. These results support an upcoming resource upgrade and economic studies scheduled for mid-2026.

Reward Minerals Ltd (ASX:RWD) updates on its Newfoundland projects targeting high-grade gold and copper, highlighting multiple priority targets with no historic drilling and imminent maiden drilling planned for 2026.