Latest Drill Planning News

Lion Energy has locked in funding for its Bula Karang-1 well in Indonesia’s East Seram PSC, with drilling set for mid-2026. Meanwhile, the company is holding back on its green hydrogen project pending government grants.

Javelin Minerals is advancing towards gold production at its Eureka Gold Project in Western Australia, targeting a June 2026 start under a new partnership with MEGA Resources. The company also identifies promising exploration targets at Coogee and maintains a solid cash position to support development.

Morella Corporation has advanced its Mt Edon Rubidium-Lithium Project towards drilling readiness, supported by strong metallurgical results and fresh funding. The company also initiated legal proceedings related to past asset sales, underscoring a busy start to 2026.

Charger Metals NL has raised $1.35 million through a well-supported placement to fund extensive drilling at its Lake Johnston Lithium and Gold Project, targeting promising new discoveries and resource expansion.

Fulcrum Lithium has expanded its Alkali Flats lithium project and advanced metallurgical testing, while securing permits for a major Phase 3 drilling campaign, all against a backdrop of soaring lithium carbonate prices.

LinQ Minerals has raised A$15.4 million through a strongly supported institutional placement to accelerate drilling at its Gilmore Gold-Copper Project. The capital injection comes with attaching options and sets the stage for intensified exploration activity.

Viking Mines has completed a cutting-edge drone survey at its Linka Tungsten Project, integrating 1970s data with modern technology to fast-track exploration and permitting.

Sunshine Metals has increased its Liontown shallow gold resource by 14% to 108,000 ounces, advancing its pathway to near-term production in 2026. High-grade drilling results at the Sybil prospect and new VMS targets further strengthen the company’s exploration outlook.

Altair Minerals has confirmed a 1km southward extension of its South Oko gold soil anomaly, unveiling three open targets and setting the stage for maiden drilling. Meanwhile, its Olympic Domain copper-gold project remains a strategic focus amid ongoing commercial talks with BHP.

Accelerate Resources Limited (AX8) has reported promising first-pass Reverse Circulation drilling results at its Balagundi Gold Project, confirming continuous gold mineralisation along the Paris Gift Trend. The initial six holes intercepted consistent gold grades, validating the company’s exploration model and highlighting significant upside potential.

Dateline Resources has completed a pivotal geophysical survey at its Colosseum Gold and Rare Earth Elements project in California, revealing promising deep sulphide mineralisation zones that could expand its gold and rare earth resource base.

Cygnus Metals reports robust high-grade drill results outside its existing resource at the Chibougamau Copper-Gold Project, driving a 29% increase in global resource and advancing economic studies.