Latest Geology News

Caprice Resources has initiated the air core drilling phase of its fully funded 20,000m Phase 4 campaign at the Island Gold Project, targeting extensions of the Vadrians deposit and new gold-bearing formations. This multi-rig effort aims to advance the project towards a maiden Mineral Resource Estimate amid strong regional gold prospects.

Savannah Goldfields reports promising assay results from its Georgetown Gold Project, highlighting a significant gold intercept at the Electric Light Prospect and completion of a key drilling program.

Mithril Silver and Gold Limited has secured an option to acquire the La Dura gold-silver property adjacent to its flagship Copalquin project in Durango, Mexico, setting the stage for expanded exploration and resource growth.

OD6 Metals has initiated a Downhole Electromagnetic (DHEM) survey at its Gulf Creek Copper Project in NSW, aiming to identify extensions of high-grade copper mineralisation and guide efficient drilling in 2026.

Arika Resources has secured $5.7 million through a heavily oversubscribed placement to accelerate drilling at its Yundamindra and Kookynie gold projects in Western Australia, with directors committing $0.65 million themselves.

Critical Resources Limited’s maiden drilling at the Amoco Gold-Antimony Project confirms a substantial orogenic mineralised system, underpinning its exploration model and setting the stage for further work in NSW’s New England Fold Belt.

Prospech Limited has launched a 1,600-metre diamond drilling campaign at its Korsnäs rare earth element project in Finland, supported by promising passive seismic survey results that highlight potential new mineralised zones.

Austin Metals has identified promising new banded iron formation (BIF)-hosted gold targets at its Brunswick Hill Prospect, showing striking geological parallels to Caprice Resources’ high-grade Vadrians Deposit. The company plans targeted drilling in early 2026 to test these high-priority zones within its extensive Austin Gold Project tenure.

Ardiden Ltd has completed its merger with Lac Gold, combining two premier Canadian gold projects and raising $10 million to fund upcoming drilling programs. The merger creates a stronger, cash-rich entity poised for growth in Quebec and Ontario.

Dart Mining’s drilling at Great Divide Mining’s Coonambula project reveals continuous massive stibnite mineralisation over a 300m strike, reinforcing the potential for a significant antimony-gold resource. Further drilling and analysis aim to define a JORC-compliant resource.

E79 Gold Mines has completed its acquisition of Cue Metals, gaining control of the Cue Gold Project in Western Australia, while appointing mining veteran Matthew Bowles to its board. The company is set to launch an intensive exploration program starting this December.

Terra Metals’ latest drilling results at the Dante Project’s Reef 2 reveal thick, continuous high-grade mineralisation from surface, reinforcing the potential for significant resource growth beyond the current 148 million tonne estimate.