The discovery – which entailed an alteration associated with IOCG mineralisation being picked up in exploration hole 25P38D001 – is significant, given that this is the first time that such mineralisation has been successfully detected using ANT.

Within this hole, Castile found one zone of distal silica-hematite alteration measuring between 253 and 277 metres – which suggests the possibility of mineralisation to the north, a zone of strong magnetite replacement of jasper with pyrite in a parasitic fold between 395.35 and 396.2 metres (which repeats the structural setting at Castile’s Rover 1 deposit), and chlorite alteration and associated disseminated magnetite with elevated copper up to 30 times background (max 770ppm) between 580.9 and 612.35 metres down hole.

The company is now aiming to build on this with a downhole magnetic survey in 25P38D001 which will seek to further constrain the magnetic source, plus an ANT survey to determine another target to drill into this initial discovery at Pathfinder 38.

Managing director Mark Hepburn said he was pleased to have completed work which had proved the value of ANT technology at Pathfinder 38.

“This successful intersection of IOCG mineralisation in 25P38D001 will prove invaluable, by allowing Castile to benchmark ANT survey results to know geology to further refine targeting for high-value Rover 1 style deposits under cover,” he said.

“Our Rover 1 Project is ready for development, and we will continue to seek out additional inventory within our Rover Mineral Field for our ‘hub and spoke’ strategy with our aggressive exploration program using the ANT technology.

“Hole 25P38D001 was 50% funded by the NT Government as part of the Geophysics and Drilling Collaboration program being run by the Northern Territory Geological Survey and we thank them for their continued support.”

Castile shares have been trading at 5.3 cents.

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Within the assay mentioned above, WCN also found a high-grade intercept of 18.3m at 4.66 Cu and 17.2 g/t Ag, plus another mineralised zone defined by 12.19m at 1.13% Cu and 2.13 g/t Ag from 91.44; the latter suggests the presence of a sub-parallel structure.

The drilling work – which was reverse circulation – focused on the Danvers project area. The expectations for this area have been bolstered by surface chip sampling of the structure which hosts Danvers, albeit five kilometres southwest.

This yielded assays – picked up over an area of 150 metres – such as 16.15% Cu and 68.5g/t Ag, 13.3% Cu and 70g/t Ag, 9.54% Cu and 29.9g/t Ag, 7.79% Cu and 74g/t Ag.

WCN has therefore confirmed high-grade copper and silver mineralisation along a structural trend of more than 5km, and is planning step-out drilling to test the structure to the southwest.

Managing director Troy Whittaker said the recent work revealed potential hidden treasure at Danvers. “Another solid result from hole six confirms persistent high-grade copper mineralisation at Danvers,” he said.

“What is also now highly encouraging is the recognition and confirmation [that] the structural trend at Danvers is mineralised.

“With high-grade copper and silver now identifiable over more than 5km of the structure to the southwest, the potential of this area is extraordinary.”

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He continued: “The geological team digitised all historic chemical and aerial data and what is emerging from this process, and confirmed by these recent rock chip results, is that Danvers could be very large indeed… the current historical estimate is in no way indicative of the overall potential this structure.”

WCN has been selling at 2.6 cents a share heading into Friday’s trade.

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The Chilean discovery – which includes three targets, two of which are under shallow gravel cover – was made through geochemical and geophysical work programs that followed up Hot Chili’s recent drilling at La Verde, confirming that the latter had a footprint of 1,000 metres by 750 metres.

Hot Chili began with geophysical data generated through integration of a 3D magnetic inversion model from ground magnetic data, which indicated a spatial correlation between a mineralised tonalitic porphyry intrusion and a NNE-SSW trending weakly magnetic anomaly over La Verde.

The latter is situated within a localised circular magnetic-low feature, and this relationship has been used as a basis for identifying three additional circular magnetic-low features (lookalike targets) close to La Verde; these were all set at the intersection point of major regional structures.

3D probability models for mineralisation at the targets were completed by Fathom Geophysics. An extensive soil geochemistry programme was used to guide this.

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Hot Chili will now integrate its findings into a phase two drilling program at La Verde, which was to initially focus on extending the main copper-gold discovery, but which will now include first pass drilling of the new targets.

HCH has been trading at 50 cents before open on Thursday.

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Channel sampling from the 6th underground level – defined by a quartz vein system – identified assays such as 28 metres at 45.2 grams per tonne of gold (Au) and 3.2% copper (Cu); and 9.5m at 14.1g/t Au and 3.2% Cu – in underground crosscut and along-strike crosscut respectively.

One drill result – intersected 12m below the sixth level – showed 0.97m at 56.2g/t Au, including 0.15m at 233.9g/t Au; visible gold was also picked up in two holes which had been drilled between 40m and 60m above the sixth level.

“With a large and robust shallow copper resource and clear exploration pathway in hand at Horden Lake, we are broadening our program to our BAGB projects; where bonanza Cu, Ni, and Au grades are guiding us towards the next discovery,” managing director Ivan Fairhall said after sharing the news.

Excitingly, the review has allowed Pivotal to delineate a broad prospective corridor measuring 600m in strike with numerous signature Cu-Au quartz veining.

The overall BAGB project is focused on copper, nickel and PGE (platinum group metals) mineralisation, and the Lorraine gold targets form only one part of this, being connected to the Lorraine Mine.

The Lorraine Mine is a Cu-Ni magmatic system which had first operated in the 1960s, producing 661,000 tonnes at 0.90% Cu, 0.38% Ni, and 0.6 g/t Au.

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“These gold targets at Lorraine are an exciting addition to our already attractive Cu-Niprojects at BAGB,” Mr Fairhall explained.

“The bonanza Au grades, and their correlation over a significantly broad area, provides very strong encouragement for discovery in this area which has largely unexplored for Au, with the historical focus on Cu-Ni previously mined.”

PVT has been trading at 0.6 cents heading into Wednesday open.

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The work – comprising 3,400 metres of drilling – is designed to aid resource growth and facilitate geotechnical and metallurgical sampling at Trekelano; itself part of the larger Greater Duchess copper gold project close to Mt Isa.

Two holes returned three metres (TW~2m) at 1.8% Cu, 0.2 g/t Au (159m) and 41 metres (TW~35m) @ 2.3% Cu, 0.5 g/t Au (169m); and 29 metres (TW~25m) @ 1.2% Cu, 0.5 g/t Au (181m, including 12 metres (TW~10m) @ 2.1% Cu, 0.9g/t Au (198m).

These results show significant high-grade copper-gold mineralisation beneath the historical Inheritance open pit, and the exploration upside of this area, with the high-grade plunge of the Inheritance mineralisation being completely open at depth to the south.

Managing director Rob Watkins said this drilling would help to underpin Carnaby’s plans for development of Greater Duchess. “The Trekelano project is shaping up to be a key pillar of the Greater Duchess project, along with our high-grade discoveries at Mount Hope, Lady Fanny and Nil Desperandum,” he said.

“We believe these four deposits will form the backbone of a successful new mine development in the Mount Isa region,” Carnaby’s boss continued.

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Mr Watkins added: “Trekelano has enormous scope to add material open pittable inventory and is being incorporated into the pre-feasibility study.” That study, mind you, is already in “full-swing” too; results should come soon.

CNB has been trading at 30 cents early on Tuesday.

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The drilling – which comprised 17,000 metres – was seeking to boost the size of KMC’s high-grade sulphide underground resource, while also building confidence in its numbers, to inform an update to the mineral resource estimate.

The latter will be the jumping off point for a feasibility study to assess the technical and commercial viability of mining the resources at RGP, which would be treated at a modified Cosmic Boy Process Plan.

Results from the drilling work included 7.8m at 17.4g/t gold (Au), 1.5% copper (Cu), 6.6g/t silver (Ag) (19.9g/t gold equivalent, or AuEq) from 218.2m in one hole, including 2.3m at 57.5g/t Au, 5.0% Cu, 20.4g/t Ag (65.7g/t AuEq) from 218.2m.

Managing director Paul Bennett said the drilling was an important element in future plans for the RGP. “These exceptional results from Gem are extremely positive and will now contribute to a resource update for the first lode scheduled for mining in the feasibility study mine plan,” he said.

“Deposit continuity, grades, and thicknesses observed consistently throughout this drill program build a great deal of confidence in the early stages of the plan.”

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Mr Bennett continued: “In addition, confirmation that both new footwall lode intercepts at Gem and Harbour View are strongly mineralised add to the growth story and will now be the target of follow-up drilling.”

“We look forward to results continuing to flow from Harbour View in advance of the resource update expected in July,” he concluded.

MM8 has been trading at 27 cents on Monday morning.

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The company has elected to divest its Cowal copper gold project in the same state through an option to purchase agreement with Copper Search.

Cowal comprises three tenements – EL8329, EL8804, and EL9397 – and Copper Search (through subsidiary Altitude Gold) has a right of first refusal to purchase the first of these.

It has now been granted (subject to waiver by Sandfire) an exclusive six-month period to complete due diligence with a view to the company buying Cowal, with an option fee of $50,000 cash to be paid to Rimfire.

Copper Search will be able to extend the option period for up to three months – for a price of $10,000 cash per month – and will ultimately be able to complete the project purchase by paying $200,000 cash.

(There’s potential for this to comprise up to 50% Copper Search shares.)

Achievement of a JORC mineral resource estimate on any tenement will yield another payment of $200K to Rimfire within 30 days of the MRE announcement. Then, $250K would also be payable if Copper Search produced 50,000 ounces of gold or an equivalent value from minerals within the tenements.

“It is pleasing to execute the Cowal Option… with Copper Search and their highly experienced technical team,” Rimfire’s MD, David Hutton, said.

This, he continued, will now enable the company to place more of its focus on scandium.

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Mr Hutton continued: “The execution… sharpens Rimfire’s focus on building a critical mass of scandium within the Fifield District – Australia’s scandium epicentre as efficiently and quickly as possible.

“This work is taking place at a time when global supply of this strategically important critical mineral is being threatened by the recent Chinese restrictions on scandium exports.”

RIM has been trading at 2.1 cents.

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This will be the maiden program for this target, which is located in WA’s West Arunta region. Buxton has earmarked JB Contracting to do earthworks.

The drilling itself will be done by DDH1 Drilling, the company has confirmed today.

Centurion is being targeted on a large-scale geophysical signature defined by coincident magnetic and gravity anomalies, The latter often indicate the presence of major IOCG deposits such as Carrapateena and Olympic Dam.

This anomaly will be tested through an initial 1,000-metre vertical diamond drillhole, and follow-up ‘daughter’ holes will then assess both the gravity and magnetic featuresfrom the parent hole.

Buxton views this approach as one that optimises the initial exploration phase and allowsfor rapid evaluation of the target.

“The imminent maiden Centurion drilling program represents a significant step in unlocking the potential of this substantial IOCG target,” CEO Marty Moloney said. “We are therefore delighted to partner with highly reputable and experienced contractors, JB Contracting and DDH1 Drilling, for this pivotal campaign.

‘Their established presence and operational experience in the West Arunta region provide cost efficiencies and the invaluable leverage of their local knowledge.”

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BUX shares have moved up since the news, and at 10:21 AEST, they were trading at 3.8 cents – a rise of 8.57% since the Oz markets opened.

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The copper-gold zone – which lies above and is contiguous to the PGM zone – is estimated to comprise 140,000 tonnes (t)of copper, 260,000 ounces of gold, along with 60,000t nickel and 11,000t cobalt.

The existing PGM zone has been estimated as holding 7.6 million ounces (Moz), 5E PGM (a combination of platinum, palladium, gold, rhodium and iridium),103,000t copper (Cu), 143,000t nickel (Ni) and 27,000t cobalt (Co).

The addition of the new zone boosts the podium basket price by 21% to A$3,529 per ounce of 5E PGM, and adds to the scale, optionality and strategic value of Parks Reef, underlining the company’s position as Australia’s premier PGM exposure.

Executive chairman Rod Baxter said the resource definition marked an important achievement for Podium.

“The delineation of the substantial copper and gold mineralisation immediately above the hanging wall of the existing PGM and base metal horizon at Parks Reef is further demonstration of this deposit’s strategic value and ability to continue to surprise to the upside,” he said.

“While geologically separate from the PGM reef, the additional Cu-Au resource substantiallyincreases the podium basket price by 21% at current spot prices, enhances optionality from a development perspective, and provides another strategic lever for us to consider as we progress the Parks Reef PGM project.”

The company is also continuing Phase 2 flotation work seeking improvements in PGM recovery, with current efforts focused on waste rejection to enhance concentrate grade, aiming to produce a cleaner feed to Podium’s proposed downstream refining circuits.

Podium shares have moved up since this news, and at 11:17 AEST, they were trading at 2.6 cents – a rise of 18.18% since the market opened.

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The company will take on 10 exclusive prospecting licences from notable Brazilian base metals producer Nexa Resources S.A for an upfront cash consideration of US$3 million, plus a deferred cash consideration of the same amount upon completion of a pre-feasibility study, another US$2M upon Midas’ decision to go ahead with mine development, and a further US$2M within 12 months of the commencement of commercial production.

Additionally, Nexa will be offered a net smelter return royalty of 1%, of which Midas may acquire half for US$2M in cash.

The project – known as Otavi – stretches across approximately 1,776 square kilometres close to a town of the same name, and 360 km northeast of the capital Windhoek, and includes 2 significant deposits which are awaiting resource definitions, T13 and Deblin.

Both have yielded impressive results through past development work, including 17.2 metres at 7.24% Cu (copper) and 144.4 grams per tonne (g/t) Ag (silver) from 125.84m, including6m at 16.65% Cu and 370.3g/t Ag from 131m at T13, which comprises 2 kilometres of strike from surface and open.

Results from Deblin – which comprises the same strike parameters – include 15m at 4.15% Cu, 14.6g/t Ag & 0.22g/t Au from 449m; and17m at 1.72% Cu from 394m.

Another sweet spot within Otavi is the Hartebeestpoort Prospect – 4km strike (from surface and open), which includes results such as 11.2m at 3.11% Cu, 0.54g/t Au & 28.4g/t Ag from 26m.

Managing director Mark Calderwood said this was an important moment for Midas.

“Exploration over the past decade at the Otavi Project has identified multiple high-grade copper deposits, with accompanying silver and gold,” he said.

“Acquiring this project is transformational for Midas, providing us with a highly prospective and advanced project that we can rapidly explore and grow a resource base to deliver value to our shareholders.”

Midas shares have been trading at 15.7 cents.

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This result was taken from the Danvers prospect, where assays have confirmed the presence of a shallow, high grade copper system which remains open at depth and alongstrike.

WCN’s continued drilling at Danvers has proven extensions to high grade mineralisation there – much of it previously unknown and untested. The most impressive intersection so far has been 63m at 2.23% Cu & 7.1g/t silver (Ag) from 9.14m, including a high-grade intercept of 15m @ 5% Cu & 16.9g/t Ag from 18.29m.

Another hole at the prospect returned strong copper values, including 38m at 1% Cu & 1.89g/t Ag from 7.62m; and 72m at 1.08% Cu & 4.22g/t Ag from 62.48m, including a high-grade intercept of 14m at 2.32% Cu from 106.68m.

The company has also completed pre-collar drilling at Hulk, in preparation for an upcoming diamond drilling program.

However, Danvers is also a focal point for future surveying work, with WCN progressing discussions with its contracting partners to facilitate targeted airborne geophysicalsurveys across the prospect’s 9.1km target fault zone.

Alongside this, the company wants to utilise the proven down hole electromagnetic survey across the broader Rae project which will support and help target these future campaigns.

Managing director Troy Whittaker said exploration work at the project – located in Canada’s Nunavut territory – continued to be promising.

“Assays from Rae continue to exceed expectations: 175m at 2.5% Cu, 58m @ 3.08% Cu, 52m at 1.16% Cu and now further significant intercepts of 63m at 2.23% Cu and 72m at 1.08%,” he said.

“These high-grade intercepts from surface are rare in the exploration world as explorers over recent times have had to go deeper and deeper to identify additional copper resources.

“Being the first mover into this highly prospective location, after more than a decade of inactivity due to political constraints – securing the licences organically and now having undertaken our first drill program, positions us well both for future work programmes and facilitate further discoveries.”

WCN has been trading at 3.2 cents.

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The company has entered a binding agreement for acquisition of the Hook Lake project – located in Canada’s eastern Nunavut territory – which has remained almost untouched since 1988, when a foreign estimate resource of 3.4 million tonnes (Mt) at 2.38 grams per tonne (g/t) (or around 285,000 ounces) of gold.

The latter – known as the Turquetil Lake gold deposit – has significant exploration potential, with the resource remaining open in all directions, and having a strike length of 940 metres.

Adding to this is the fact that historical drilling only reached a vertical depth of 190 metres, but picked up significant gold intercepts, including 27.58 metres at 3.33 g/t Au from 44.35m, including 13.01m at 6.29 g/t Au from 53.04m; and 15.2m at 4.50 g/t Au from 14.70m.

The project also includes the Heninga Lake prospect, which is built around a VMS system, with drilling picking up intercepts such as 10.51m at 2.91% copper (Cu), 6.70% zinc (Zn), 95.67 g/t silver (Ag), 1.04 g/t Au & 0.48% lead (pb) from 41.76m; and 13.71m at 1.51% Cu, 2.06% Zn, 47.23 g/t Ag 0.56 g/t Au & 0.09% Pb from 70.26m.

Manhattan also announced that Gavin Rezos will be joining the company board as a non-executive director, and Eric Sondergaard will join as technical advisor upon completion of the proposed transaction.

Mr Rezos was most recently the founding chairman of Vulcan Energy – which moved from a market cap of $10 million to over $1 billion, while Mr Sondergaard held a key role in planning exploration at White Cliff Minerals’ Rae project, delivering an exceptional hole consisting of 175m at 2.5% Cu from 7.6m and ending at 4.46% Cu, remaining open at depth.

The latter project is also located in Nunavut.

Manhattan CEO Kell Nielsen said these additions to the team would help with the exploration and development of Hook Lake.

“The acquisition of the project brings with it a highly experienced and successful team, expected to join Manhattan’s Board and management upon completion,” he said.

“This team will play a critical role in unlocking value by advancing the historically defined high grade Turquetil Lake gold deposit through modern exploration techniques and by honouring the current agreement with Inuit landowners.

“Upon the transfer of the Project, there is a clear pathway for Manhattan to test the mineralized system further along strike and at depth at Turquetil Lake and deliver near term maiden mineral resources.”

Manhattan shares have moved up since the news, and at 10:26 AEST, they were trading at 2.8 cents – a rise of 64.71% since the market opened.

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The project – located in central Finland – hosts a number of standout orogenic gold prospects, including historical, but non-compliant gold resources at the prospects ‘Angesneva’ and ‘Vesipera’.

Nordic intends to commence work shortly on validation of Angesneva’s historical resource.

Intersections from this prospect include 122.4 metres at 1.52g/t of gold (Au) and 0.12% copper (Cu) from 57.2m; and 79.8m at 1.85g/t Au and 0.18% Cu from 127.8m.

Alongside this, the company has verified intersections from Vesipera which include 10.4m at 4.93g/t Au from 53.5m; and 12.0m at 2.99g/t Au from 88.0m.

And another prospect – Kiimala – has shown intersections such as 17.3m at 2.27g/t Au and 0.28% Cu from 42.6m; and 9.0m at 1.46g/t Au and 0.02% Cu from 182.4m.

Overall, 12 gold prospects have been identified within the Kiimala Trend cluster, with 8 of these having experienced sparse drilling, and all reporting some significant nearsurface gold intersections.

The project lies just 45km from the Kopsa project – which hosts a near surface resource of 23.2Mt @ 1.09g/t AuEq for 814,800oz AuEq – and is a significant part of Nordic’s overall strategy, considered valuable for both gold and copper.

Nordic has been trading at 5.4 cents.

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Hanrine Ecuadorian Exploration and Mining S.A. – a subsidiary of Hancock Prospecting Pty Ltd which is operating the project as part of a joint venture with Titan – drilled 7 diamond holes (for a total of 7,105 metres), finding that 4 of these confirmed potential for a significant porphyry copper system.

This means that the footprint of mineralisation at Linderos has almost doubled, with porphyry-type mineralisation in particular defined over a strike length of 1 kilometre and to a depth of 1 kilometre.

One significant intercept which highlights the value of this work comprised 735 metres at 0.23% copper equivalent (Cu Eq) from 385m, including 131m at 0.29% Cu Eq from 385m and including 51m at 0.37% Cu Eq from 622.8m in one hole (DHCR-02).

The purpose of the drilling work was targeting extensions to porphyry copper mineralisation at the Copper Ridge prospect, focusing on depth and lateral extensions to Titan’sprevious drilling.

Diamond drilling is still under way, with Hanrine targeting 10,000m as part of its Phase 1 series of work to define porphyry extensions.

Titan Minerals has been trading at 40 cents.

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In addition to this material increase, the update also increases certainty in the resource – with 88% now in the measured and indicated categories – and provides a strong foundation for NWC to complete definitive feasibility on the project, with production to kick off in 2027.

Another aspect of the resource increase is that involving the contained metal found in Antler. The total contained CuEq metal rose by around 16% to 543,000 tonnes (of which 505,000t was measured and indicated).

This included a 27% increase in contained silver and a 15% increase in contained gold.

Another important component was the Antler Sulphide Domain Resource, which formed the basis of the Antler PFS mine plan. Its overall resource tonnes rose by 11% to 12.7 Mt at 4.1% CuEq compared to 2022 MRE.

Managing director Nick Woolrych said the update was a significant one in the company’s plans for Antler.

“We are extremely pleased with the updated Antler Mineral Resource Estimate, which marks a major milestone for New World in our pathway to production,” he said.

“The new Resource continues to demonstrate that Antler is not only one of the highest-grade copper projects in the world but is also now exceptionally well understood by our team as we head towards production in 2027.

“Compared to the November 2022 Resource, we’ve achieved a substantial increase in both geological certainty and tonnes, along with higher contained gold and silver ounces. It’s particularly exciting to see new mineralised domains now making their way into the overall estimate, adding further upside to the Project.”

Assay results from one hole – which was being drilled to collect samples for metallurgical and geotechnical testing – ended in mineralisation, but intersected more than 300 metres of high-grade mineralisation in the centre of the project’s copper-gold porphyry.

This included 608 metres (m) at 0.89% copper equivalent (CuEq) – or 0.48% Cu and 0.52 grams per tonne (g/t) gold (Au) from 342m to end of hole, including 346m at 1.12% CuEq – or 0.59% Cu and 0.68g/t Au from 604m to end of hole.

The drillhole – CDH-61 – was not expected to intersect the full extent of the orebody, which is why it ended in high grade copper-gold mineralisation. On the basis of these results, Blackstone has suggested Mankayan to be one of the most impressive undeveloped copper-gold porphyry projects in the world.

Managing director Scott Williamson said achieving these numbers represented an important step for the company.

“The confirmation of a high-grade core within the system underscores the exceptional quality of this asset and highlights its potential to support a low-capex, high-return development strategy,” he said.

“The ability to initiate a selective mining method, such as Long Hole Open Stoping (LHOS), provides the optionality to minimise upfront capital requirements while maximising value from the high-grade zones.

“This positions Mankayan as a uniquely flexible and scalable project, aligning well with our strategic focus on economically robust copper-gold assets.”

Blackstone has been trading at 6.7 cents.

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The ramp-up’s scope includes a new region with additional historic drill intercepts, boosting the project’s potential for sediment-hosted copper deposits, specifically Kupferschiefer type.

The expanded project comprises two key parts: the extension of the original Tannenberg exploration licence (Tannenberg 1) for another three years and the deployment of a new exploration licence (Tannenberg 2), covering 1,628 km2, also valid for three years, with the prospect of a further extension.

GreenX holds a 90% interest in the project through an earn-in agreement and has attracted attention from BHP, which selected it as one of eight early-stage exploration projects for its 2025 BHP Xplor program.

Funding from this collaboration is being used to accelerate the geological exploration and concept development, including work in the newly expanded licence area.

The new area has already revealed positive drill results, including intercepts of 0.69m at 3.1% Cu and 31.7ppm Ag from 378m depth, and 2.2m at 0.9% Cu and 23.1ppm Ag from 378m.

GreenX CEO Ben Stoikovich says the similarity between the newly expanded area and the Kupferschiefer-style geology found in the historically significant Richelsdorf mining district.

GreenX has highlighted an extensive work program for this year, including the relogging and reassaying archived core, conducting airborne magnetic and radiometric surveys, and collecting additional geophysical and gravity data to further refine exploration targets.

Greenx Metals has been trading at 74.5 cents at the time of writing.

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The company received results from 81 holes in the program – which will include around 310 holes overall – revealing a solid and coherent geochemical anomalism which indicate continuation of Achilles mineralisation for at least 1.2 kilometres south of what has been defined.

Two trends have been picked up through this work at AGC’s South Cobar project, with the first involving silver-gold-lead-zinc-copper-antimony-arsenic-bismuth pathfinders which push the Achilles trend to the south by the above measure (Achilles Trend), and an anomalous copper-bismuth coincident with a large magnetic high (Western Trend).

AGC intends to follow up the aircore drilling (from which 280 holes have been completed to date, with 199 holes pending data) with reverse circulation drilling. This will concentrate on deeper extensions to the main Achilles deposit.

Managing Director Glen Diemar said the results would guide AGC’s expectations looking ahead.

“Our growth plans are well underway with the first assay results received from the Achilles aircore program indicating the mineralisation footprint extends for at least another 1.2km southward,” he said.

“This is a great result as it demonstrates the potential for real scale for near term growth.

“Infill drilling is underway on this trend and we certainly look forward to further results to assist with targeting leading into the next round of RC drilling.”

AGC shares traded higher after the news, and at 13:44 AEST, they were at 14.5 cents – a rise of 3.57% since the market opened.

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The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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This result was from Channel 11 and helps to build on previous sampling from Channels One and Six, where assays included 23.4m at 0.88% Cu and 16.8m at 0.52% Cu, respectively.

The data suggests Cinto features porphyry copper mineralisation of several styles across a potential area measuring 30 kilometres long and 0.75 kilometres wide, and Solis plans to follow this up with an induced-polarisation (IP) survey – for which planning is already underway – to aid in defining drill targets.

Drilling at Cinto will begin in the second half of 2025. (Solis has initiated permitting.)

“These results confirm the significant potential at the Cinto Project, where we’ve substantially expanded Solis’ porphyry copper mineralisation footprint,” Solis CEO Mitch Thomas said on the news.

And, he declared, expectations have now been raised. “Notably, we’re seeing mineralisation styles similar to those at the major Toquepala mine, just 15km away.”

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Mr Thomas continued: “Geophysical data from drone magnetometry supports scale potential and highlights new target areas. As a stand-alone project, Cinto is a compelling copper porphyry target.”

SLM shares have been trading at 8.1 cents each today.

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The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.