Latest Drill Programs News

Lightning Minerals has started a 262-sample Phase 3 soil program at its Warby Tungsten Project in North Queensland, with the first 162 samples already at the laboratory. Results expected in October will help determine whether open tungsten anomalies are ready to support maiden drilling.

Aruma Resources is adding 32 contiguous claims to its Tillex copper-silver project in Ontario, expanding the land position to approximately 28.4km². The new ground extends interpreted copper trends and introduces largely untested gold targets, while Phase 2 drilling continues to push the existing high-grade zone southwest.

49 Metals will begin a 3,500-metre follow-up drilling program at its Gold Mountain project in Nevada in October, targeting extensions of the Adit Zone discovery. The campaign is fully funded and follows a maiden program in which all 22 holes intersected gold and/or silver mineralisation.

Kaoko Metals has expanded drilling at its Chalkos Copper-Silver Project to at least 15,000 metres after encouraging early observations at Otniel and a new surface copper discovery at Donkey Hill East. A second rig is now drilling Donkey Hill, while assays from the first two Otniel holes are expected within two to three weeks.

Lodestar Minerals has received all assays from a 12,417-metre, 106-hole RC drilling program at Ned’s Creek, supporting its existing exploration target across three gold prospects. A maiden Mineral Resource Estimate is now expected in the second half of October, although reported widths remain subject to geological interpretation and true-width confirmation.

Resource Minerals International has expanded its exploration push across Tanzania and Saudi Arabia, but auditors flagged a material uncertainty over the company’s ability to continue without future capital raisings. The ASX-listed explorer ended FY2026 with $2.12 million in cash after raising funds through placements and convertible securities.

Xenora Minerals has reduced its annual loss and lifted cash to A$2.17 million while advancing geochemical targets at the Dudley Lithium Project. The next test is whether those anomalies can justify drilling and support the company’s next funding decision.

Golden Globe Resources has reported a $2.23 million FY2026 loss after funding its first year as an ASX-listed explorer, while Dooloo Creek drilling confirmed copper-gold mineralisation. The company ended the year with $3.55 million in cash and says its near-term plans are funded, though further capital may eventually be required.

Reward Minerals has begun the first-ever drilling at its Mountain Pond project in Newfoundland, testing whether a surface quartz vein and shear zone continues underground. New soil results have also outlined copper targets at Ante Up and Wildcard, but the project remains firmly in the discovery phase.

Strategic Energy Resources (ASX:SER) narrowed its FY26 loss and lifted cash to $1.84 million while advancing four Queensland copper-gold projects with Fortescue and Sumitomo. But auditors flagged a material uncertainty over the explorer’s ability to continue as a going concern, leaving future funding central to the investment case.

Investigator Silver has begun a fully funded 30,000-metre drilling campaign at its Paris Silver Project in South Australia, targeting resource growth and extensions beyond the current mine plan. Assay results will arrive progressively, making the next few months a test of whether recent high-grade hits can translate into a larger, higher-confidence mineral inventory.

Perpetual Resources has added 62 lode claims around its Nevada Scheelite tungsten project, expanding the land position by 1,271.63 acres and more than 15 times the original patented claim area. The move broadens the project from a historic mine redevelopment opportunity into a larger exploration play, although the new ground remains untested.