Latest Drill Programs News

Alkane Resources has reported a record quarterly operational cash flow of A$73 million and gold equivalent production of 30,511 ounces, reflecting the successful integration of Mandalay Resources. The company remains on track to meet its full-year guidance amid ongoing exploration and development progress.

Sierra Nevada Gold (ASX, SNX) advances its Nevada gold projects with high-grade results and a new mining permit, while pursuing exploration licenses in Saudi Arabia and raising A$9.65 million in a strategic placement.

True North Copper’s maiden drilling at Salebury confirms a large Iron Oxide Copper-Gold system with promising mineralisation extending over a kilometre, setting the stage for resource growth in Queensland’s Cloncurry district.

Thunderbird Resources reports promising due diligence results on the Springfield Gold Deposit in NSW, revealing a potentially extensive gold system with strong exploration prospects. Systematic soil sampling and drilling programs are set to begin soon, pending shareholder approval.

Novo Resources reported a narrowed Q3 2025 net loss amid active exploration in Western Australia and New South Wales, boosted by a significant share sale that enhanced liquidity.

Critical Resources Limited has significantly expanded its Mavis Lake Lithium Project in Canada and completed maiden drilling at its Amoco Gold-Antimony Project in Australia, while also acquiring a large gold-antimony portfolio in New Zealand. The company raised $1.8 million to fund exploration and appointed Tim Wither as Managing Director.

Black Cat Syndicate Limited reported a record gold production quarter, boosting its cash, bullion, and investments to $90 million, while unveiling promising new high-grade discoveries and strategic board changes.

Western Gold Resources reports promising early drilling results and a significant upgrade to its Gold Duke Project economics, supported by a $6.75 million capital raise to fund production.

West Coast Silver has reported spectacular high-grade silver intercepts at its Elizabeth Hill project in the Pilbara, triggering a fully funded Phase 2 drilling campaign. The company closed the quarter with a strong cash position following a $6.1 million placement.

QPM Energy has made significant strides in advancing its 112MW Isaac Power Station, securing major financing and operational milestones that position it well for mid-2027 commissioning.

Elevate Uranium has shipped its U-pgrade pilot plant to Namibia for commissioning and continues to expand uranium mineralisation at its Namib IV prospect. The company also moves to divest its Oobagooma project, sharpening its strategic focus.

Australasian Metals Limited advances exploration at its May Queen Gold Project with promising geophysical survey results and plans for a significant drilling campaign, while maintaining a robust financial footing.