Latest Drill Programs News

Lindian Resources has launched drilling at the North Knoll prospect near its Kangankunde Rare Earths Project, aiming to confirm high-grade NdPr-rich mineralisation that could boost early-stage production and lower costs.

BPM Minerals has kicked off a significant 3,000m drilling campaign at its high-grade Beachcomber Prospect within the Forelands Gold Project, backed by a recent $3.5 million capital raise. Assay results expected early next year will be closely watched for signs of a major new gold resource in Western Australia.

Legend Mining has identified two new high-priority gold soil anomalies at its Pinnacle Well Project in Western Australia, advancing exploration with geophysical surveys and a key heritage agreement.

Nordic Resources has revealed substantial new gold-copper mineralisation at its Kopsa deposit in Finland, with recent drilling extending the resource well beyond previous boundaries. The company plans to ramp up drilling through December, deferring other projects to capitalise on this momentum.

Askari Metals has raised $1.15 million to fund its first drilling campaign at the Nejo Gold and Copper Project in Ethiopia and to advance exploration at its Uis Project in Namibia. The placement, supported by new and existing sophisticated investors including company directors, positions Askari to accelerate its African exploration strategy.

Caprice Resources has initiated the air core drilling phase of its fully funded 20,000m Phase 4 campaign at the Island Gold Project, targeting extensions of the Vadrians deposit and new gold-bearing formations. This multi-rig effort aims to advance the project towards a maiden Mineral Resource Estimate amid strong regional gold prospects.

Savannah Goldfields reports promising assay results from its Georgetown Gold Project, highlighting a significant gold intercept at the Electric Light Prospect and completion of a key drilling program.

Melbana Energy has postponed drilling the Amistad-11 well in Cuba after joint venture partner Sonangol failed to meet payment obligations, triggering a formal Notice of Default.

AusQuest Limited has raised A$10 million through a share placement to expand drilling at its promising Cangallo copper-gold project in Peru, aiming to unlock higher-grade mineralisation.

Arika Resources has secured $5.7 million through a heavily oversubscribed placement to accelerate drilling at its Yundamindra and Kookynie gold projects in Western Australia, with directors committing $0.65 million themselves.

Critical Resources Limited’s maiden drilling at the Amoco Gold-Antimony Project confirms a substantial orogenic mineralised system, underpinning its exploration model and setting the stage for further work in NSW’s New England Fold Belt.

Prospech Limited has launched a 1,600-metre diamond drilling campaign at its Korsnäs rare earth element project in Finland, supported by promising passive seismic survey results that highlight potential new mineralised zones.