Latest Drill Programs News

Krakatoa Resources has restructured its acquisition of the Zopkhito Antimony-Gold Project in Georgia, adopting a staged earn-in model that reduces upfront payments and prioritises capital deployment into exploration and development activities for 2026.

Omnia Metals has appointed Graham Peterson as Senior Geologist to drive exploration and resource definition at its key US critical minerals projects, leveraging his extensive North American experience and cross-jurisdictional insights.

High Peak Royalties has secured an upfront A$50,000 option fee from Massive Metals for a 12-month exclusive call option to acquire its Admiral Bay royalty rights, with potential to extend for another year and a total acquisition price of A$2 million.

Sierra Nevada Gold has begun refurbishing underground access at its New Pass Mine in Nevada, backed by metallurgical tests showing up to 97% gold recovery using conventional processing. The company targets trial mining and near-term cash flow from the high-grade Superior Vein.

Haranga Resources has kicked off a 4,000-metre Phase 3 reverse circulation drilling campaign at its Ibel South Gold Project in Senegal, aiming to extend high-grade gold mineralisation down dip and test new anomalies along a largely untested 5km corridor.

West Coast Silver has pinpointed a fresh high-priority conductive anomaly 50 metres east and 110 metres below the Elizabeth Hill Mine using Down Hole Electromagnetic surveying. The company is swiftly moving to drill test this target, which aligns with historic high-grade silver intercepts and could expand the resource base.

Auravelle Metals has enhanced its geological understanding of the Nuckulla Hill project with a detailed aerial magnetic survey, refining drill targets along the prolific Yarlbrinda Shear Zone and setting the stage for upcoming drilling campaigns.

Talisman Mining has confirmed significant near-surface gold mineralisation at its Walkers Hill and East Peak Hill projects in NSW through recent aircore drilling, alongside receiving $0.79 million in iron ore royalties and maintaining a solid cash position.

Chariot Resources’ planned A$1.425 million strategic investment from Greatpower has lapsed after regulatory hurdles in China stalled approvals. Despite this setback, Chariot continues to engage multiple potential offtake partners for its Nigerian lithium projects, advancing site visits and technical work without firm agreements yet.

Aeris Resources aims to extend the life of its Tritton copper operations through the proposed acquisition of Peel Mining’s South Cobar assets, while reporting strong H1 FY26 financial performance and advancing multiple development projects.

Great Divide Mining’s joint venture partner Dart Mining confirms broad, shallow gold mineralisation at the Banshee Prospect, highlighting potential underestimation in historic drilling and advancing resource definition efforts.

Horizon Oil has crossed the crucial 50.1% acceptance threshold in its off-market bid for Cue Energy, removing a key condition from the offer. Meanwhile, the Mereenie joint venture suspends planned drilling after gas sales talks with Northern Territory’s Power and Water Corporation expire.