Latest Drill Programs News

Strata Minerals has secured $1.6 million through an equity placement to fund its maiden drilling campaign at the Penny South Gold Project, targeting extensions of high-grade gold deposits near Ramelius Resources’ operations.

Patronus Resources has upgraded its Mertondale Gold Project resource estimate, increasing contained gold ounces to 480,000oz alongside an 18% rise in grade, setting the stage for a June 2025 scoping study.

Pivotal Metals has commenced drilling at its flagship Horden Lake project in Quebec, advancing metallurgical testwork and preparing for a resource update, while also progressing exploration at its high-grade BAGB projects.

Saturn Metals has announced a significant upgrade to its Apollo Hill Gold Project resource, now exceeding 2 million ounces of gold, driven by extensive drilling and enhanced geological modelling.

Sky Metals has completed a successful diamond drilling program at its Tallebung Tin Project, intersecting significant visual tin-tungsten mineralisation in all five drill holes. A major 70-hole reverse circulation drilling campaign is set to begin in March, aiming to expand the resource.

Solis Minerals appoints Mitch Thomas as CEO, shifting Mike Parker to Technical Director, ahead of a major 2025 drilling campaign in Peru's copper-rich belt.

Arika Resources has identified extensive gold-bearing quartz reefs stretching over 4.5 kilometres at Banjo's Camp within the Yundamindra Gold Project, with rock chip samples grading up to 5.3 g/t Au. This discovery significantly expands the project's exploration potential ahead of planned drilling campaigns.

Predictive Discovery Limited has successfully completed a A$69.2 million strategic placement with key investors Lundin family and Zijin Mining Group, strengthening its financial position for future growth.

Lefroy Exploration has partnered with BML Ventures under a profit-sharing agreement to develop the Lucky Strike gold deposit, aiming to start mining operations in the second half of 2025. This collaboration leverages BML's mining expertise and funding, while Lefroy retains half the profits from the project.

BMG Resources has addressed ASX's query on recent share price and volume spikes, confirming no undisclosed information but highlighting imminent assay results from its Abercromby Gold Project.

Elixir Energy Limited has had its ASX trading suspension lifted following a pivotal announcement about expanding its Taroom Trough assets and initiating a capital raise.

Koonenberry Gold has initiated a targeted diamond drilling campaign at its Enmore Gold Project in NSW, aiming to expand on historically significant gold mineralisation at the Sunnyside Prospect. This marks the first follow-up drilling since acquisition, with promising intercepts suggesting substantial upside.