Latest Electromagnetic Surveying News

Basin Energy has completed its acquisition of NeoDys Limited, gaining a dominant landholding in northwest Queensland rich in uranium and rare earth elements. The company is poised to commence maiden drilling on three district-scale targets backed by government funding and recent capital raising.

Torque Metals reports robust step-out drilling results at its Paris Gold Project in Western Australia, revealing multiple high-grade gold lodes extending well beyond current resource boundaries. New conductor plates identified by electromagnetic surveys signal significant exploration upside.

Litchfield Minerals has intersected approximately 46 metres of disseminated copper-iron sulphides at its VT1 conductor in the Northern Territory, initiating a detailed downhole electromagnetic survey to refine drilling targets and accelerate exploration.

Miramar Resources has secured a $250,000 government refund for its Bangemall geophysical survey, revealing promising Norilsk-style nickel-copper-PGE conductors. The company advances exploration and nears a JV deal with Sumitomo Metal Mining Oceania.

Encounter Resources reports significant resource growth at its Aileron Niobium-REE-Copper Project and maiden inferred copper resource at Yeneena, backed by a strong $15 million cash position.

Aeris Resources reported steady Q1 FY26 production with 10.3kt copper equivalent at AISC of A$4.64/lb, alongside significant growth capital investment and promising exploration results.

Litchfield Minerals has raised $6 million from top-tier institutional investors to accelerate exploration at its promising Oonagalabi copper-zinc prospect in Australia's Northern Territory.

Somerset Minerals’ latest geophysical survey at the Jura Prospect reveals a mineralised copper zone extending to at least 600 metres below surface, with signs of increasing grade at depth. Parallel untested targets and a new southern anomaly set the stage for expanded drilling campaigns.

Asian Battery Metals has reinforced the potential of its Maikhan Uul copper-gold project in Mongolia with new drilling confirming a substantial massive sulphide zone. Pending assays and geophysical data suggest a promising extension of the mineralised system.

Forrestania Resources has intersected significant copper sulphides in its first diamond drill hole at the Breakaway Dam VMS prospect, confirming the effectiveness of its electromagnetic targeting and hinting at a district-scale copper system.

Litchfield Minerals has intersected significant massive sulphides at the VT2 target within its Oonagalabi Project, extending the mineralised strike length to over 4km. The company is now shifting focus to the stronger VT1 conductor, promising further exploration upside.

SQX Resources has secured an 80% stake in two historically rich gold and silver projects in Montana and Arizona, backed by a $2 million placement to accelerate exploration. This marks the company's strategic entry into the North American precious metals arena.