Latest Geology News

Sunshine Metals has exercised its option early to acquire the Sybil Epithermal Gold Project, setting the stage for drilling to commence in July-August 2025. The project boasts historic high-grade gold results and strategic significance near Charters Towers.

Solis Minerals has intersected promising copper-gold mineralisation including visible gold at its Chancho al Palo prospect in Peru, with assays expected in July/August 2025. The initial drill hole confirms the presence of both IOCG and porphyry-style systems in a highly prospective region.

Koonenberry Gold has reported strong assay results from its sixth drillhole at the Enmore Gold Project, confirming extended and continuous gold mineralisation. The company plans a fully funded follow-up drilling program to further expand this emerging discovery in NSW.

Equinox Resources has reported final assay results from 44 drill holes at its Mata da Corda Project, confirming near-surface, high-grade titanium and rare earth mineralization with significant thicknesses. The vast project area remains largely unexplored, hinting at substantial upside potential.

Ausgold Limited has secured a farm-in agreement to acquire up to 70% of a highly prospective exploration license adjacent to its Kulin Gold Project, setting the stage for drilling in FY26 to unlock new gold targets.

DeSoto Resources has commenced its first diamond drilling program at the Spectrum rare earths, gold, and copper project in the Northern Territory, targeting multiple promising geophysical anomalies.

Golden State Mining’s first-ever air-core drilling at Southern Cross East reveals promising bedrock gold anomalies within a vast soil geochemical anomaly, prompting tenement expansion and plans for detailed aeromagnetic surveys and follow-up drilling.

Magnetic Resources NL has announced a significant 22% increase in the Lady Julie Gold Project resource, now totaling 2.14 million ounces, boosting the overall Laverton region resource to 2.32 million ounces. This upgrade reflects enhanced confidence in mineral continuity and advances the project closer to development.

Nelson Resources reports promising initial rock chip assays from its Yarri Project in Western Australia, revealing high-grade gold exceeding 8 g/t and identifying new geological targets beyond known mineralisation zones.

Magnetic Resources NL has significantly increased its Lady Julie Gold Project resource to 2.14 million ounces, underpinning robust project economics and setting the stage for a Definitive Feasibility Study due in Q2 2025.

Kula Gold reports standout high-grade gold intercepts up to 31.3 grams per tonne from ongoing drilling at its Mt Palmer project, advancing the asset toward a potential resource estimate.

Mt Malcolm Mines NL has reported strong gold assay results from its recent drilling at the Golden Crown Prospect, confirming and extending high-grade mineralisation near surface. These findings bolster the project’s potential for near-term, low-impact mining operations.