Latest Drill Programs News

Catalina Resources has uncovered a promising intrusion-related tungsten-polymetallic system at its Tallering Project in Western Australia, highlighted by strong W-Mo-Bi mineralisation and a priority drill target from an untested eastern IP anomaly.

Encounter Resources has launched a strategic review of its copper assets across Western Australia and the Northern Territory, aiming to accelerate project development amid promising drilling results at its Yeneena Copper Project and other key sites.

Australis Oil & Gas Ltd posted a $2.6 million net loss for 1H 2026 amid sharply reduced production volumes but is progressing its Tuscaloosa Marine Shale development with a key partner and a planned Q4 well spud.

Canadian Phosphate Limited’s initial 2026 drilling at Wapiti has successfully intersected phosphate mineralisation in all eight holes, extending the known Main Zone strike by over 3km. Assay results are pending, with a resource update planned for late 2026.

ACDC Metals is set to launch its maiden drilling campaign at the Mount Jackson Project in Nevada, targeting key gold-silver zones with a 2,500-metre reverse circulation program starting in Q4 2026. A geophysical survey will precede drilling to sharpen targets and reduce costs.

KGL Resources has completed a A$300 million equity raise, fully funding the Jervois Copper Project through construction and into production, with key contracts signed and development activities underway.

PhosCo Ltd’s maiden drilling at the KH prospect within its Gasaat Phosphate Project in Tunisia has delivered wide, high-grade phosphate intersections close to the proposed plant, promising to enhance early project economics.

Patriot Resources has locked in a $3 million placement to fund exploration at its flagship Tassa silver-gold project in Peru and a new copper discovery in Zambia, underpinning its strategy to grow high-grade mineral resources.

Heavy Rare Earths Limited (ASX:HRE) is raising approximately $728,000 through a non-renounceable entitlement offer priced at 2.8 cents per share, accompanied by free-attaching options exercisable at 6 cents. The capital raise aims to fund maiden drilling programs and a strategic review across its key projects.

Marquee Resources has launched an eight-hole reverse circulation drilling program at its Yindi Gold Project, focusing on a statistically refined central corridor to test for primary gold mineralisation beneath transported cover.

Nimy Resources has confirmed extensive soil geochemistry anomalies for gold and base metals at its Mons Project in Western Australia, setting the stage for a detailed ground electromagnetic survey and maiden drilling.

Pantera Minerals has kicked off its first-ever diamond drilling campaign at the Gillham Project in Arkansas, aiming to confirm high-grade antimony and silver mineralisation beneath historic mines.