Latest Drill Programs News

Auravelle Metals has verified very high-grade gold mineralisation at its Sheoak prospect in South Australia, with assays up to 25.4 g/t Au from detailed resampling. Follow-up drilling results are imminent, signaling a potential step-change for the Nuckulla Hill Gold Project.

Critical Resources Limited has initiated its first Reverse Circulation drilling program at the Amoco gold-antimony project in New South Wales, targeting a significant geochemical anomaly with promising high-grade surface samples. The results, expected by mid-November 2025, could unlock new value in a historically mineralized region.

Prospech Ltd has successfully closed a fully subscribed $1.6 million rights issue, supplemented by a $546,750 follow-on placement, positioning the company to advance drilling and metallurgical programs in Finland and Slovakia.

Diablo Resources has secured $2 million to acquire the Star Range Silver-Antimony Project in Utah, aiming to capitalize on high-grade critical minerals amid growing U.S. strategic supply initiatives.

Pursuit Minerals is set to acquire a 100% stake in the high-grade Sascha Marcelina gold-silver project in Argentina’s prolific Deseado Massif, backed by a $4.04 million capital raise to fund aggressive exploration.

Tanami Gold NL has reported robust final assay results from its 2025 drilling campaign at the historic Jims Gold Mine, confirming significant extensions of gold mineralisation. A second drilling phase has commenced, aiming to further delineate the resource before the wet season.

Axel REE Limited has announced a significant inferred rare earth mineral resource of 233 million tonnes at its Caladão Project in Brazil, highlighting strong metallurgical recovery prospects that could substantially increase resource size.

Matsa Resources has locked in a $15 million funding package to fast-track development and exploration at its Lake Carey Gold Project, including advancing the Devon Pit and Fortitude Gold Mines. This capital injection aims to unlock latent value and support feasibility studies and drilling programs.

Nelson Resources has entered a pivotal Right to Mine Agreement with MEGA Resources, securing up to $10 million in funding and mining expertise to advance the Yarri Gold Project near Kalgoorlie.

Flagship Minerals has raised $4 million through a share placement, including a strategic $2.5 million investment from global EPC leader Xinhai, to advance the Pantanillo Gold Project towards feasibility and development.

Redstone Resources has secured $650,000 through a strongly supported placement to fund further exploration at its West Musgrave Copper Project, following encouraging copper and cobalt assay results from recent deep drilling.

Petratherm’s Phase 3 drilling at the Muckanippie Project reveals a significant extension of high-grade titanium mineralisation at Rosewood and discovers a new heavy mineral sands zone at Echo.