Latest Geophysics News

Resource Minerals International Ltd has successfully raised $1 million through a share placement to fund exploration projects across Saudi Arabia, Tanzania, and Finland, while also achieving a debt-free status.

Aurelia Metals has reported significant drilling results at the historical Nymagee Mine in NSW, confirming extensions of polymetallic mineralisation that could underpin a new mine development in the Cobar region.

Tali Resources has identified three promising new exploration targets within its West Arunta Project, setting the stage for an expansive drilling campaign in 2026 to test for significant mineralisation.

Red Mountain Mining has reported encouraging exploration outcomes at its Utah Antimony Project, prompting a significant expansion of its claim holdings. The results reinforce the company's geological model and set the stage for an aggressive exploration campaign.

Belararox Limited has initiated diamond drilling at Toro Central within its Argentine TMT Project, targeting a significant near-surface epithermal copper system. The program aims to unlock the potential of a 1.4 km chargeability anomaly extending toward the largely untested Toro South.

FireFly Metals has successfully raised approximately A$139 million through a multi-part equity raising, significantly bolstering its cash reserves to advance its flagship Green Bay Copper-Gold Project in Newfoundland. The company also closed its oversubscribed Share Purchase Plan early, reflecting strong investor demand.

Exultant Mining has launched an aggressive exploration campaign at its Black Hammer Project in New South Wales, collecting 76 rock chip samples and expanding its tenure with a newly granted exploration licence. The company is progressing land access agreements and plans to commence drilling in early 2026.

Cosmo Metals has reported promising results from its maiden drilling at the Spring Creek prospect, confirming continuity of high-grade gold mineralisation and identifying new target zones along a major regional trend.

Torque Metals has raised $16.2 million through a $15 million placement and early option exercises, setting the stage for an aggressive drilling campaign at its Paris Gold Project in Western Australia.

Rapid Critical Metals has announced the discovery of a new parallel silver lode at its Webbs Silver Project in northern New South Wales, following a 2,000-metre diamond drilling program. Early results reveal strong silver mineralisation, opening promising avenues for resource expansion.

Arika Resources has reported a significant expansion of high-grade gold mineralisation at its Pennyweight Point prospect, intersecting thick zones 100 metres below previous drilling. The discovery confirms the continuity of mineralisation and opens new possibilities for mining at the Yundamindra Gold Project.

Diablo Resources has completed drilling at its Phoenix Copper Project and is progressing high-grade silver-antimony exploration at Star Range, positioning itself to capitalize on growing US critical minerals demand.