Latest Drill Campaigns News

Marquee Resources (ASX:MQR) has secured a non-exclusive R&D patent licence with Oak Ridge National Laboratory, granting access to NEAREST technology tailored for clay-rich rare earth deposits like Redlings in WA. This partnership could reshape processing efficiency and environmental impact for Marquee’s significant inferred resource.

Larvotto Resources is progressing the Hillgrove Antimony-Gold Project on time and budget, aiming for mid-2026 production amid rising strategic demand for antimony. The project benefits from grid power, ongoing drilling success, and government support for critical minerals.

Riversgold Limited has reported standout assay results from 31 drill holes at its Northern Zone Gold Project, including a spectacular 71 g/t gold intercept. The campaign expands the shallow gold mineralisation footprint, supporting imminent mining lease conversion and a funding agreement with MEGA Resources.

Magnum Mining names Antonio Vitor Junior as Managing Director to spearhead major drilling campaigns at its Azimuth and Parker projects, aiming to convert promising early rare earth results into a formal resource.

Iceni Gold’s initial RC drilling at Goose Well confirms historic gold mineralisation and reveals a major fault structure that could unlock broader potential. Diamond drilling is set to refine the geological picture and target high-grade shoots.

AusQuest gears up for maiden drilling at two promising copper-gold prospects in Peru, aiming to build on the momentum from its Cangallo discovery. Over 8,000 metres of Reverse Circulation drilling are set to test high-priority IOCG and porphyry targets starting Q2 2026.

Strickland Metals has unveiled an updated Mineral Resource Estimate for its Shanac Deposit in Serbia, now totalling 5.35 million ounces gold equivalent, including a maiden indicated resource of 1.25 million ounces. The resource shows strong grade continuity and remains open for expansion.

Terrain Minerals’ latest drilling at its Lightning Gold Prospect reveals continuous high-grade gold mineralisation, expanding the system’s footprint and complexity. With a mining lease granted and a maiden JORC resource estimate due mid-year, the project is poised for a pivotal phase.

Cobre Limited has kicked off a major 40,000-metre drilling campaign at its Sierra Atacama copper project in Chile, aiming to convert its existing NI 43-101 resource to JORC compliance and explore opportunities for a larger open-pit operation.

Sun Silver has engaged global engineering firm Ausenco to lead critical concept and scoping studies for its Maverick Silver Project in Nevada, aiming to underpin a maiden Scoping Study by late 2026. The move leverages Ausenco’s North American precious metals expertise and comes as silver prices hover near US$77 an ounce, bolstering project economics.

Aldoro Resources has confirmed a major mineralisation extension at its Kameelburg deposit in Namibia, with drill hole DD004E intersecting 387.2 meters of continuous rare earth elements, strontium, niobium, and molybdenum. The Phase II drilling program is complete, setting the stage for bulk sampling.

Kingston Resources has delivered a fresh batch of high-grade polymetallic assay results from underground drilling at its Southern Ore Zone, Mineral Hill, reinforcing the geological model and underpinning near-term underground mining plans.