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Showing posts from July, 2025

Platina Commences Strategic Aircore Drilling at WA’s Challa & Beete Projects

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  Platina Resources Limited (ASX: PGM ) has launched a strategic aircore drilling campaign at its Challa and Beete gold prospects in Western Australia—two strong assets identified in the highly prospective Murchison region. The campaign comprises 1,690 m across 14 holes at Challa, located 55 km east of Mt Magnet, and 1,536 m over 39 holes at Beete, situated near Norseman. At Challa, drilling targets a northwest -trending splay off the Challa shear zone—previous drilling (CHAC0155) intersected 12 m grading 0.66 g/t Au , with a high-grade segment of 4 m at 1.7 g/t Au . Current efforts aim to trace that structure and define its lateral gold potential. At Beete, the drill pattern is designed to infill earlier assays marked by anomalous gold and arsenic values. Results here will provide clarity ahead of deeper follow-up by RC or diamond drilling. Managing Director Corey Nolan emphasised that these aircore programs are essential to testing current geological models before allo...

Osmond Expands High Grade Corridor—Zone 2 Completes Orion Project Trifecta

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  Osmond Resources Limited (ASX: OSM) has achieved a pivotal milestone in its Orion EU Critical Minerals Project in southern Spain by confirming high‑grade rutile and zircon in Zone 2 , linking previously verified Zones 1 and 3. Released on 20 June 2025, recent assay results revealed impressive grades: Sample Z2_03 returned 8.2% rutile and 4.0% zircon , while Z2_04 reached 7.1% rutile and 3.2% zircon . These outcomes solidify the continuity of heavy mineral-rich layers across a defined 12-km strike within an 86.4 km² permit area. Field mapping identifies the mineralisation within flat-lying sedimentary layers, contributing to the predictable nature of the system. This newfound lateral continuity increases confidence in geological models and supports plans for the upcoming maiden 15-hole drilling campaign . Permits are being finalised ahead of drilling, which aims to confirm vertical continuity and support a maiden Mineral Resource Estimate and Scoping Study due later in 2025. ...

Terra Metals Wins Drilling Approval for Phase 3 at Dante Project, Unlocking Multi Commodity Potential

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  Terra Metals Limited (ASX: TM1 ) has secured critical heritage and drilling approvals for Phase 3 of its flagship Dante Project in Western Australia’s West Musgrave region, marking a major step forward in its efforts to confirm a multi‑commodity deposit of global significance . New approvals enable extensive infill and extensional drilling at established Reef 1 and Reef 2 copper‑critical metal systems, along with first-ever drilling of untested electromagnetic (EM) anomalies and outcropping reef layers Field reconnaissance has already started on recently acquired HRM tenements and the vast 400 km² Dante East area, which contains over 30 km of previously mapped reef exposure—triple the strike length of current targets . The Dante Project is notable for its Platreef‑style, stratiform copper‑gold‑platinum group element‑vanadium‑titanium reefs—geological formations akin to South Africa’s famously rich Bushveld Complex. Prior drilling confirmed wide mineralised layers of c...

MinRex Wraps Up Maiden RC Campaign at Fraser Range Ahead of Crucial Assays

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  MinRex Resources Limited (ASX: MRR) has concluded its inaugural reverse circulation (RC) drilling program targeting copper-gold and base-metal prospects at its Fraser Range Project, located a pproximately 120 km northeast of Esperance, WA. The campaign comprised nine holes totaling 1,958 m , drilled across five high-priority targets within the geologically favorable Albany‑Fraser belt. Supported under a farm-in agreement with West Cobar Metals (ASX: WC1), the program aimed to test both Iron Oxide Copper Gold (IOCG) and Broken Hill Type (BHT) targets. These deposit styles underpin major global producers and exhibit strong potential in this region. Technical Director Ian Shackleton confirmed that drilling was completed safely and efficiently, with samples now dispatched to laboratories. Assays are anticipated in early August 2025 , providing critical data on mineral grades and distribution, which will inform MinRex’s decision to exercise its farm-in and potentially acqui...

White Lion Emerges as Pacgold’s Crown Jewel: Geophysical Breakthrough Signals Major Gold Potential

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  Pacgold Limited (ASX: PGO) has elevated its exploration momentum with a major breakthrough at the White Lion Prospect, part of the broader Alice River Gold Project in North Queensland. Through a newly completed Induced Polarisation (IP) survey, the company has defined a large-scale, high-intensity chargeability anomaly directly overlapping a previously mapped bullseye magnetic feature. This discovery significantly upgrades the exploration profile of White Lion, aligning it with large-scale gold systems such as Mt Leyshon in Queensland and Fort Knox in Alaska. The 1.0km x 1.5km anomaly suggests the presence of sulphide-rich breccia zones typically associated with intrusion-related gold systems (IRGS)—a high-value target class known for their scale and longevity. Located just 500 metres south of the Alice River Fault Zone (ARFZ), White Lion benefits from an ideal geological setting. Surface mapping has revealed quartz breccias extending over 250 metres , and historical s...

Pacgold’s White Lion Prospect Ignites Investor Buzz with Major Geophysical Discovery in Queensland

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  Pacgold Limited (ASX: PGO) has uncovered a game-changing geophysical anomaly at its White Lion Prospect within the Alice River Gold Project, North Queensland. This new Induced Polarisation (IP) chargeability anomaly , located directly over a previously defined “bullseye” magnetic target, represents one of the most significant exploration breakthroughs for the company to date. Announced on 10 July 2025 , the discovery highlights the growing potential for intrusion-related gold systems (IRGS) in the region, drawing comparisons to Queensland’s renowned Mt Leyshon deposit (5Moz gold) . The identified IP signature spans a 1.0km x 1.5km area , suggesting a vast mineralised breccia system beneath the surface. Managing Director Matthew Boyes called the result “an excellent outcome,” reinforcing White Lion as a priority drill target for Q4 2025. The geophysical anomalies point to sulphide-rich, pyrite-altered breccias—hallmarks of large IRGS deposits, which also include global g...

MinRex Completes RC Drilling at Fraser Range Copper Gold Project, Assays Due in August

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  MinRex Resources Limited (ASX: MRR) has successfully wrapped up its maiden reverse circulation (RC) drilling program targeting copper-gold and base metal prospects at the Fraser Range Project in Western Australia. Located about 120 km north-east of Esperance, the campaign drilled nine holes totaling 1,958 m to test five high-priority geophysical targets—including Iron Oxide Copper Gold (IOCG) and Broken Hill Type (BHT) systems—within the Albany-Fraser mobile belt The drilling campaign , fully funded through MinRex’s farm-in option agreement with West Cobar Metals (ASX: WC1), marks a significant step in MinRex’s strategy to secure a 50% stake in the project. According to Technical Director Ian Shackleton , the program was executed safely and successfully, with samples now heading to the lab for assays, which are expected in early August 2025 The selection of drilling sites was based on reinterpretation of magnetic, gravity, and electromagnetic data, which helped pinpoint five...

Terra Metals Clears Drilling Hurdles for Phase 3 at Dante—Targets Multi Commodity Reef System

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  Terra Metals Limited (ASX: TM1) has secured essential heritage and environmental approvals to advance Phase 3 drilling at its flagship Dante Project in WA’s West Musgrave region. The permit allows infill and extensional drilling at Reef 1 and Reef 2—key copper-critical metal systems—and initiation of testing on previously unassessed EM anomalies and outcropping reef horizons. The Dante Project represents a rare Platreef-style, stratiform polymetallic system hosting copper, platinum-group elements (PGE), vanadium, titanium, and gold. Earlier drilling identified wide historical mineralisation zones with significant intercepts, including 79 m at 8.8% TiO₂, 0.13% Cu, 0.24% V₂O ₅ , and 0.07 g/t PGE₃ from surface at Reef 1 North. Recent work at Reef 2 achieved further continuity over a 2.7 km strike. Phase 1 and Phase 2 metallurgical studies produced multiple market-ready concentrates using simple flowsheets, including Cu‑Au‑PGE, vanadium‑magnetite, and titanium‑ilmenite—a ...

Platina Launches Aircore Drilling Across Challa & Beete Gold Projects in WA

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  Platina Resources Limited (ASX: PGM) has commenced a comprehensive aircore drilling campaign targeting its Challa and Beete gold projects in Western Australia. The two simultaneous programs aim to delineate extensions of previously identified gold anomalies and provide critical data ahead of potential deeper drilling campaigns At the Challa Project , situated 55 km east of Mt Magnet in the Murchison region, the program includes 1,690 m across 14 closely spaced holes . This follows an earlier aircore hole (CHAC0155) that intersected 12 m at 0.66 g/t Au from 100 m , including 4  m at 1.7 g/t Au . The current drilling focuses on the northwest-trending splay of the Challa shear zone—geologically and geochemically compelling—seeking to enhance the current understanding of the structure and define its mineral extent At the Beete Project , roughly 50 km southeast of the high-grade Norseman mining centre, the program comprises 1,536 m over 39 holes . These follow up on anomalous gol...

Osmond Confirms High Grade Rutile & Zircon Continuity in Orion Zone 2

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  Osmond Resources Limited (ASX: OSM) has further strengthened its Orion EU Critical Minerals Project in Andalucía, southern Spain by confirming high-grade rutile and zircon mineralisation in Zone 2 , which links the previously verified Zones 1 and 3. This breakthrough, revealed in the latest geological assessment, reinforces the presence of a stratabound, lateral mineral system spanning over a 12 km east–west corridor Recent assay results from two standout rock samples in Zone 2 include: Z2_03: 8.2% rutile and 4.0% zircon Z2_04: 7.1% rutile and 3.2% zircon These findings are complemented by extensive field mapping, which has identified multiple stratabound seams across all three zones. Geological evaluations suggest these heavy-mineral-rich layers are likely continuous beneath the surface Colitco . The mineral assemblage also includes rare earth elements and silicon metal potential, with sizeable quartz-rich waste streams expected to be diverted into silicon ...

Pacgold’s White Lion Prospect Ignites Investor Buzz with Major Geophysical Discovery in Queensland

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  Pacgold Limited (ASX: PGO) has uncovered a game-changing geophysical anomaly at its White Lion Prospect within the Alice River Gold Project, North Queensland. This new Induced Polarisation (IP) chargeability anomaly , located directly over a previously defined “bullseye” magnetic target, represents one of the most significant exploration breakthroughs for the company to date.   Announced on 10 July 2025 , the discovery highlights the growing potential for intrusion-related gold systems (IRGS) in the region, drawing comparisons to Queensland’s renowned Mt Leyshon deposit (5Moz gold) . The identified IP signature spans a 1.0km x 1.5km area , suggesting a vast mineralised breccia system beneath the surface. Managing Director Matthew Boyes called the result “an excellent outcome,” reinforcing White Lion as a priority drill target for Q4 2025. The geophysical anomalies point to sulphide-rich, pyrite-altered breccias—hallmarks of large IRGS deposits, which also include...

Terra Metals Clears Drilling Hurdles for Phase 3 at Dante—Targets Multi Commodity Reef System

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  Terra Metals Limited (ASX: TM1) has secured essential heritage and environmental approvals to advance Phase 3 drilling at its flagship Dante Project in WA’s West Musgrave region. The permit allows infill and extensional drilling at Reef 1 and Reef 2—key copper-critical metal systems—and initiation of testing on previously unassessed EM anomalies and outcropping reef horizons. The Dante Project represents a rare Platreef-style, stratiform polymetallic system hosting copper, platinum-group elements (PGE), vanadium, titanium, and gold. Earlier drilling identified wide historical mineralisation zones with significant intercepts, including 79 m at 8.8% TiO₂, 0.13% Cu, 0.24% V₂O ₅ , and 0.07 g/t PGE₃ from surface at Reef 1 North. Recent work at Reef 2 achieved further continuity over a 2.7 km strike. Phase 1 and Phase 2 metallurgical studies produced multiple market-ready concentrates using simple flowsheets, including Cu‑Au‑PGE, vanadium‑magnetite, and titanium‑ilmenite—a ...

Terra Metals Wins Drilling Approval for Phase 3 at Dante Project, Unlocking Multi Commodity Potential

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  Terra Metals Limited (ASX: TM1 ) has secured critical heritage and drilling approvals for Phase 3 of its flagship Dante Project in Western Australia’s West Musgrave region, marking a major step forward in its efforts to confirm a multi‑commodity deposit of global significance . New approvals enable extensive infill and extensional drilling at established Reef 1 and Reef 2 copper‑critical metal systems, along with first-ever drilling of untested electromagnetic (EM) anomalies and outcropping reef layers Field reconnaissance has already started on recently acquired HRM tenements and the vast 400 km² Dante East area, which contains over 30 km of previously mapped reef exposure—triple the strike length of current targets . The Dante Project is notable for its Platreef‑style, stratiform copper‑gold‑platinum group element‑vanadium‑titanium reefs—geological formations akin to South Africa’s famously rich Bushveld Complex. Prior drilling confirmed wide mineralised layers of c...

Platina Commences Strategic Aircore Drilling at WA’s Challa & Beete Projects

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  Platina Resources Limited (ASX: PGM ) has launched a strategic aircore drilling campaign at its Challa and Beete gold prospects in Western Australia—two strong assets identified in the highly prospective Murchison region. The campaign comprises 1,690 m across 14 holes at Challa, located 55 km east of Mt Magnet, and 1,536 m over 39 holes at Beete, situated near Norseman. At Challa, drilling targets a northwest -trending splay off the Challa shear zone—previous drilling (CHAC0155) intersected 12 m grading 0.66 g/t Au , with a high-grade segment of 4 m at 1.7 g/t Au . Current efforts aim to trace that structure and define its lateral gold potential. At Beete, the drill pattern is designed to infill earlier assays marked by anomalous gold and arsenic values. Results here will provide clarity ahead of deeper follow-up by RC or diamond drilling. Managing Director Corey Nolan emphasised that these aircore programs are essential to testing current geological models before allo...

Platina Launches Aircore Drilling Across Challa & Beete Gold Projects in WA

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  Platina Resources Limited (ASX: PGM) has commenced a comprehensive aircore drilling campaign targeting its Challa and Beete gold projects in Western Australia. The two simultaneous programs aim to delineate extensions of previously identified gold anomalies and provide critical data ahead of potential deeper drilling campaigns At the Challa Project , situated 55 km east of Mt Magnet in the Murchison region, the program includes 1,690 m across 14 closely spaced holes . This follows an earlier aircore hole (CHAC0155) that intersected 12 m at 0.66 g/t Au from 100 m , including 4  m at 1.7 g/t Au . The current drilling focuses on the northwest-trending splay of the Challa shear zone—geologically and geochemically compelling—seeking to enhance the current understanding of the structure and define its mineral extent At the Beete Project , roughly 50 km southeast of the high-grade Norseman mining centre, the program comprises 1,536 m over 39 holes . These follow up on anomalous gol...

Osmond Expands High Grade Corridor—Zone 2 Completes Orion Project Trifecta

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  Osmond Resources Limited (ASX: OSM) has achieved a pivotal milestone in its Orion EU Critical Minerals Project in southern Spain by confirming high‑grade rutile and zircon in Zone 2 , linking previously verified Zones 1 and 3. Released on 20 June 2025, recent assay results revealed impressive grades: Sample Z2_03 returned 8.2% rutile and 4.0% zircon , while Z2_04 reached 7.1% rutile and 3.2% zircon . These outcomes solidify the continuity of heavy mineral-rich layers across a defined 12-km strike within an 86.4 km² permit area. Field mapping identifies the mineralisation within flat-lying sedimentary layers, contributing to the predictable nature of the system. This newfound lateral continuity increases confidence in geological models and supports plans for the upcoming maiden 15-hole drilling campaign . Permits are being finalised ahead of drilling, which aims to confirm vertical continuity and support a maiden Mineral Resource Estimate and Scoping Study due later in 2025. ...