Latest Drill Programs News

Magnum Mining and Exploration has completed its acquisition of the Wet Mountain Rare Earth Element Project in Colorado, marking a significant step in its U.S. critical minerals strategy. The project boasts historic surface assays up to 7.99% Total Rare Earth Elements, with exploration plans underway.

Waratah Minerals has reported outstanding high-grade gold drilling results at its Spur Gold Project in New South Wales, extending mineralisation and boosting confidence in the geological model. Significant intercepts include 42m at 2.95g/t Au and a standout 1m hit at 146g/t Au.

Haranga Resources has converted key performance rights into shares following milestone achievements and extended the escrow period on vendor shares, while progressing drilling at its Lincoln and Ibel South gold projects.

Alicanto Minerals has won shareholder approval to acquire the Mt Henry Gold Project in Western Australia, unlocking a 915,000oz gold resource and appointing Jeff Sansom as CEO to spearhead growth.

Ora Banda Mining’s Phase 1 drilling at Round Dam reveals a significant gold mineralisation system with multiple high-grade shoots, indicating strong potential for large-scale surface mining near existing infrastructure.

Ballard Mining reports strong early 2026 drilling results at its Baldock deposit within the Mt Ida Gold Project, underpinning a major resource expansion and a maiden Ore Reserve due mid-year.

Riversgold Limited has reported robust gold mineralisation from the final 16 drillholes of its 2025 campaign at the Northern Zone near Kalgoorlie, confirming expansion of the shallow oxide gold footprint. The company is set to commence its 2026 drilling program to further extend the resource.

Lodestar Minerals has acquired sole access rights to the Los Loros copper-molybdenum-gold porphyry project in Chile, setting the stage for a maiden drilling campaign in April 2026. The project features significant historical mineralisation and is strategically located near key infrastructure in a prolific mining region.

Talonx Resources’ recent RC drilling at the Beaker 2 Prospect validates historical high-grade gold mineralisation and reveals a coherent shallow oxide gold system, setting the stage for further exploration.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Lodestar Minerals has secured a binding option to acquire the Virgin Mountain Heavy Rare Earth Elements project in Arizona and defined a significant gold exploration target at Ned’s Creek, while gearing up for its first Chilean drill program.