Latest Drill Programs News

Nelson Resources has submitted a Program of Work for an extensive drilling program at its Yarri Gold Project, with MEGA Resources set to fully fund operations up to $10 million. Drilling is expected to begin shortly after regulatory approval.

American Uranium Limited has kicked off Phase 1 of its resource expansion drilling at the Lo Herma ISR uranium project in Wyoming, backed by a $4.5 million capital raise led by strategic investor Snow Lake Energy. The company aims to update its resource estimate early next year as it advances towards production.

GoldArc Resources has signed a Letter of Intent with Mineral Mining Services to jointly develop the Leonora South gold project, aiming to accelerate production with minimal capital outlay. The deal includes a drill-for-equity arrangement to preserve cash for exploration.

Future Battery Minerals Ltd reports significant gold intercepts from its Miriam Project drilling and advances exploration at Burbanks East, while securing an option to acquire the Randalls Gold Project, reinforcing its position in Western Australia’s goldfields.

Lord Resources has released final assay results from its Ilgarari drilling campaign, revealing significant copper mineralisation and validating geological models. The company has deferred its planned entitlement issue, opting to reassess funding needs after evaluating recent drilling and acquisition prospects.

Iceni Gold’s September quarter report reveals promising drill results at its 14 Mile Well Project, highlighting a newly discovered basalt-hosted gold trend and expanding mineralisation zones. The company maintains a solid cash position as it plans further exploration.

Resolute Mining Limited reports solid Q3 2025 results with gold production nearing 60,000 ounces and updates its 2025 guidance reflecting higher costs. The company advances key projects across West Africa, aiming to double production by 2028.

Kalgoorlie Gold Mining has significantly extended the Lighthorse gold prospect at its Pinjin Project, doubling the strike length and commencing its largest reverse circulation drill program to date. The company also bolstered its cash reserves to $5 million, positioning itself for a busy exploration phase.

Resolute Mining’s Q3 2025 report reveals steady gold production tempered by seasonal and supply challenges, while major projects in Mali, Senegal, and Côte d’Ivoire progress on schedule with expanding resources.

Ardea Resources reports strong progress on its Kalgoorlie Nickel Project’s Definitive Feasibility Study, including high-grade drilling results, a heritage agreement, and consortium funding support. Completion of the DFS is now targeted for mid-2026 amid ongoing ESG and stakeholder engagement.

Canadian Phosphate Limited has bolstered its balance sheet through the sale of its pelleting plant and reported improved cash flow despite permitting setbacks in British Columbia. The company is strategically positioned to capitalize on growing North American demand for domestically sourced phosphate amid global supply disruptions.

Everest Metals Corporation has partnered with MEGA Resources and Bain Global Resources to fully fund and operate mining at the Mt Dimer Taipan Gold & Silver Project, with production set to begin imminently.