Latest Drill Planning News

Diablo Resources has completed its maiden drilling at the Phoenix Copper Project in Utah and secured $2 million in fresh capital to accelerate exploration and expand its US critical minerals portfolio.

M3 Mining Limited has raised $2.25 million to fund ongoing exploration at its Edjudina Gold and Victoria Bore Copper projects, advancing aircore drilling and geophysical reviews in Western Australia.

European Lithium Limited reports robust quarterly progress highlighted by significant share sales raising over A$187 million and exceptional rare earth drilling results at its Greenland Tanbreez Project.

LCL Resources reports promising trenching results at its Ubei project in Papua New Guinea, including a standout grab sample with nearly 8g/t gold, while advancing exploration and strategic options in Colombia.

KGL Resources is making significant strides in preparing the Jervois Project for construction, leveraging higher copper, silver, and gold prices to optimise the project and secure funding. Exploration efforts and strategic partnerships are positioning the company for a 2026 construction start and 2027 production.

Omega Oil and Gas has bolstered its balance sheet with a $46 million equity placement and confirmed the strong commercial potential of its Canyon Project, setting the stage for a major appraisal campaign in 2026.

Reedy Lagoon Corporation is gearing up for initial drilling at its Burracoppin Gold Project while actively seeking a joint venture partner for its Burracoppin Iron Project, maintaining a cautious cash position of just under $80,000.

Winchester Energy reported a slight dip in production but secured a strategic 30% farm-out deal for its Varn waterflood project, alongside significant board restructuring.

ADX Energy reports a 17% production dip in Q3 2025 due to well downtime but boosts sales revenue by 23%, while advancing drilling plans and acquiring key infrastructure.

Altair Minerals has acquired a controlling interest in the expansive Greater Oko gold project in Guyana, positioning itself as the country’s leading gold explorer. The company has initiated a large-scale geochemical program and plans drilling campaigns to unlock the project’s significant potential.

Clara Resources upgrades the Ashford Coking Coal Project resource classification and raises $1.6 million to fund a critical drilling program, while reviewing strategic options for its Kildanga Nickel/Cobalt asset.

Cooper Metals is gearing up for drilling at its Mt Isa East copper-gold project while divesting a majority stake in its Gilberton Gold Project to Sybella Metals, maintaining a solid cash position to fund exploration.