Latest Drill Programs News

BMG Resources has addressed ASX concerns over the timing and disclosure of assay results from its Abercromby Gold Project drill program, confirming compliance with listing rules despite delays and data inconsistencies.

Mithril Silver and Gold Limited has arranged a placement to raise up to C$11.5 million, aiming to accelerate exploration at its Copalquin project in Mexico’s prolific Sierra Madre Trend.

Diablo Resources has successfully raised $396,000 to fund drilling at its Phoenix Copper Project, targeting promising copper and silver prospects adjacent to the Lisbon Valley Copper Mine.

Sunshine Metals has completed resource infill drilling at its Plateau gold-silver prospect and reconnaissance drilling at the Salla gold-copper-zinc prospect, delivering results that support an upcoming resource update and further exploration.

Titan Minerals has reported significant high-grade gold and silver mineralisation from surface trenching at its Cerro Verde prospect, bolstering confidence ahead of a mineral resource update expected in late Q3 2025.

Kingston Resources has received the first $50 million payment from the sale of its Misima Gold Project, bolstering its balance sheet and enabling a strategic pivot towards expanding its Australian copper operations.

St Barbara Limited has reported significant high-grade gold intercepts from its FY25 drilling program at Simberi Operations, revealing promising sulphide mineralisation beneath existing open pit reserves. With assay results pending for 20 more holes, the company anticipates further resource upgrades.

IGO Limited has announced its withdrawal from the Fraser Range Joint Venture, leaving Carawine Resources with a critical decision on the remaining tenement. Meanwhile, Carawine updates on a key legal battle over a compulsory acquisition by major shareholder QGold.

FireFly Metals has doubled its Share Purchase Plan to A$10 million following overwhelming demand, boosting its cash position to approximately A$145 million to accelerate drilling and mining studies at its Green Bay Copper-Gold Project.

Robex Resources reports strong grade control drilling results from the Mansounia deposit, reinforcing confidence in the Kiniero Gold Project's planned Q4 2025 production. The company also secures US$25 million in funding to advance construction.

First Au Limited has launched its inaugural diamond drilling program at the Nimba Gold Project in Liberia, securing ownership of a drilling rig to bolster its West African exploration ambitions.

GTi Energy has raised $2.5 million from the first tranche of a $4.5 million placement to fund drilling at its Lo Herma uranium project, with key permits expected in August and a strategic investment from Snow Lake Energy pending shareholder approval.