Latest Geology News

Vault Minerals has expanded its King of the Hills open pit Ore Reserve by 33%, underpinning an 18-year mine life and announcing a $92 million Stage 2 plant upgrade to increase processing capacity to 7.5 million tonnes per annum.

Orbminco Limited has entered a binding agreement to acquire the Majestic North Gold Project in Western Australia, boasting a JORC-compliant resource of nearly 40,000 ounces of gold. The company is raising A$0.88 million to support due diligence and exploration activities.

Dateline Resources has revised its gold price assumption to US$2,900/oz for the Colosseum Gold Project, significantly enhancing the project's economic outlook ahead of its Bankable Feasibility Study.

Sunshine Metals has secured nearly $400,000 in Queensland government grants to advance drilling and geophysical surveys at its Ravenswood Consolidated Project, targeting promising gold and copper deposits.

Aldoro Resources has announced assay results from diamond drilling at its Kameelburg project in Namibia, revealing a significant south-west extension that doubles the discovery footprint and delivers the highest grades to date.

Canterbury Resources has completed the acquisition of the Jack Shay Project, adding promising copper and nickel prospects to its portfolio and setting the stage for exploration drilling later this year.

Premier1 Lithium has reported promising high-grade gold mineralisation from maiden drilling at its Yalgoo and Abbotts North projects in Western Australia, highlighting significant exploration upside across extensive greenstone belts.

FMR Resources has reported promising assay results from its inaugural drilling at the Demoiselle prospect, revealing extensive copper-silver mineralisation and a new geological model to guide further exploration in Canada’s Fairfield Project.

Australis Oil & Gas reported a robust 2024 performance with strong safety and environmental records, maintaining strategic focus on its Tuscaloosa Marine Shale asset despite challenging market conditions.

Lion Selection Group has committed $1 million to Koonenberry Gold’s $5 million placement, increasing its stake to nearly 7% following promising gold discoveries at the Enmore project.

Thunderbird Resources advances exploration of high-grade gold and antimony projects in New South Wales, while progressing copper and uranium ventures in Peru and Canada.

Patriot Resources has agreed to acquire a 100% interest in the Sugarloaf Copper Deposit, a high-grade asset in Zambia’s Mumbwa District, positioning the company for near-term copper production aligned with regional processing infrastructure.