Latest Geology News

Brightstar Resources has unveiled a robust multi-hub expansion strategy in Western Australia, boosted by its strategic acquisition of Aurumin Limited. The company targets a significant production increase to 200,000 ounces of gold annually by 2029.

Hawthorn Resources has initiated an extensive 8000m reverse circulation drilling program at its Anglo-Saxon gold project, aiming to enhance resource confidence and explore expansion opportunities following a positive pit optimisation study.

Koonenberry Gold Limited reveals promising high-grade gold intercepts at its Enmore Project in NSW and announces a fully funded 10,000m Phase II drilling program to expand its discovery pipeline.

Northern Star Resources updates its Ore Reserves and Mineral Resources following the acquisition of De Grey Mining, adding the Hemi project to its portfolio, while confirming steady progress on the KCGM Mill Expansion.

Koonenberry Gold has successfully mapped the Sunnyside Shear Zone at its Enmore Gold Project using advanced geophysical surveys, identifying six high-priority drill targets. The company is set to commence a fully funded +10,000m drilling program in late August to test these promising extensions.

Altair Minerals has entered a binding agreement to acquire up to 70% of the Greater Oko Project in Guyana, positioning itself as a leading gold explorer in a rapidly emerging district adjacent to major discoveries.

Catalina Resources has confirmed significant gold mineralisation at its Yerilgee Project in Western Australia's Central Yilgarn, with rock chip samples returning assays as high as 84 grams per tonne. This initial exploration validates the prospectivity of the underexplored Snowflake Prospect and sets the stage for targeted drilling.

TMK Energy has forged a strategic alliance with Beijing-based J-Energy to accelerate development planning for its Gurvantes XXXV Coal Seam Gas project in Mongolia, leveraging J-Energy’s technical expertise and Chinese market connections.

Askari Metals has completed technical due diligence on its Nejo Gold and Copper Project in Ethiopia, clearing a key hurdle ahead of acquisition settlement and setting the stage for maiden drilling campaigns.

Infini Resources has raised A$3 million through a flow-through share placement at a significant premium, fueling Phase 2 drilling at its Portland Creek Uranium Project in Canada. The capital raise underscores strong investor confidence ahead of a critical exploration push.

Boss Energy has acknowledged significant upward revisions to operating and capital costs at its Honeymoon Uranium Project, alongside challenges in achieving production targets, prompting an independent review.

Caprice Resources has confirmed further high-grade gold intercepts and new mineralised zones at its Island Gold Project, extending known mineralisation and boosting confidence ahead of a fully funded Phase 4 drilling campaign.