Latest Geophysical Anomalies News

DeSoto Resources has completed a 4,388-metre drilling program at its Spectrum Project in Australia's Northern Territory, revealing limited gold and rare earth element mineralization. The company will now pivot its exploration efforts to its Siguiri Basin Projects in Guinea, while exploring joint venture or divestment options for its Northern Territory assets.

Emmerson Resources and Pan African Resources have approved a $6.9 million exploration budget for the Tennant Creek Joint Venture in Q1 2026, marking the largest quarterly spend in over two decades. The program targets high-grade gold deposits with extensive drilling and geophysical surveys.

AusQuest Limited’s recent reconnaissance drilling at its Mt Davis Project in Western Australia has revealed promising lead, copper, and silver anomalies, suggesting potential for sediment-hosted base metal deposits.

S2 Resources has completed the sale of its Fosterville exploration licence to Agnico Eagle for A$17 million, significantly strengthening its cash position and enabling a renewed focus on exploration projects in New South Wales and Western Australia.

Artemis Resources has secured a joint venture to earn a 60% stake in the Sharon Dam IOCG copper target, backed by a $220k government grant and planned drilling in early 2026. This deal extends Artemis’ footprint in a promising underexplored copper province in Western Australia.

Metal Hawk Limited’s first diamond drilling at Leinster South confirms significant high-grade gold mineralisation, revealing thicker zones and new targets for 2026 follow-up drilling.

Kalgoorlie Gold Mining has significantly extended the strike length of primary gold mineralisation at its Lighthorse Prospect to over 1,100 meters, confirming a large orogenic gold system open to further expansion. The company plans additional drilling in early 2026 to further delineate this promising target within the Tier One Pinjin Gold Project.

Pursuit Minerals has identified promising gold and silver targets at its Sascha Marcelina project in Argentina, planning a 4,050-metre drilling campaign to test these high-potential zones. The project’s geological similarities to the world-class Cerro Negro system bolster hopes for a significant discovery.

White Cliff Minerals expands its Rae Copper Project in Nunavut with 1.75km of confirmed sedimentary copper mineralisation and identifies promising new geophysical anomalies for future drilling.

Australian Gold and Copper Ltd has released its inaugural Mineral Resource Estimate for the Achilles deposit in NSW's South Cobar region, revealing a substantial 38.5 million ounces silver-equivalent resource. This milestone underscores the company's growing footprint in precious and base metals exploration.

Legacy Minerals Holdings has identified promising new silver targets at its Mt Carrington Project in NSW, securing approvals for an additional 3,500 metres of drilling to expand its substantial 115Moz silver equivalent resource.

Cannindah Resources has identified a previously unrecognized high-grade copper-gold target adjacent to its Cannindah Breccia Deposit, revealing a significant exploration opportunity within a 200-250m drill data gap. Ongoing drilling at multiple targets promises further resource growth.