Latest Geophysics News

Oceana Lithium Limited reports steady progress across its Northern Territory, Western Australia, and Brazil projects, underpinned by a successful $1.2 million capital raise and a solid cash position of $2.7 million.

Olympio Metals has secured an option to acquire 80% of the promising Dufay Copper-Gold Project in Quebec and plans to commence drilling imminently, while divesting non-core assets to strengthen its balance sheet.

Coppermoly Limited has raised $1.05 million through a share placement to fund its 2025 copper and gold exploration projects in Queensland’s Mt Isa and Cloncurry regions. The capital injection underscores the company’s commitment to advancing its resource portfolio in a highly prospective mining district.

Patagonia Lithium has announced a significant inferred mineral resource of 3.816 million tonnes lithium carbonate equivalent at its Formentera project, highlighting strong lithium concentrations and promising extraction technology that could accelerate production timelines.

Patagonia Lithium Ltd has announced a maiden JORC Inferred Mineral Resource Estimate of 3.8 million tonnes of Lithium Carbonate Equivalent at its Formentera Lithium Brine Project in Argentina, highlighting significant potential for resource upgrades through ongoing drilling and advanced extraction technology.

Prospect Resources has unveiled final Phase 1 drilling results from its Nyungu Central deposit, revealing thick, high-grade copper intersections and extending the deposit’s strike length to approximately 1.4km. The company is gearing up for Phase 2 drilling and an initial resource estimate in early 2025.

HyTerra Limited is set to launch the fully funded exploration phase of its Nemaha Project in Kansas, following a strategic investment from Fortescue Future Industries. The campaign will include leasing, geophysical surveys, and a multi-well drilling program, with operations scheduled to begin once winter conditions ease.

TechGen Metals has identified significant bedrock conductors and magnetic features at its Blue Devil Project in Western Australia through its maiden airborne electromagnetic survey, spotlighting promising copper and gold exploration targets.

Metals X Limited has delivered a record-breaking quarter with tin production hitting 3,329 tonnes, alongside a significant boost in revenue and cash reserves. The company also advanced its strategic positioning through an increased stake in First Tin Plc and an unsolicited acquisition approach to Greentech Technology International.

Aruma Resources has defined coincident geophysical anomalies at its Fiery Creek Copper Project, pinpointing high-grade copper-silver and antimony mineralisation and preparing for maiden drilling in 2025.

Sabre Resources Ltd has identified four new uranium chargeability anomalies at its Dingo Project in the Northern Territory, expanding its exploration potential in the Ngalia Basin. The company plans to drill test these targets pending regulatory approval.

Augustus Minerals has reported exceptional high-grade gold assays up to 50.3g/t Au from rock chips at its Clifton East prospect within the Music Well project, reinforcing the area’s significant exploration potential. The company is advancing geological mapping and planning drilling, supported by an AI-driven targeting study due in Q1 2025.