Latest Drill Results News

Maronan Metals has intersected repeated copper-gold zones north of its 2025 Indicated resource at the Maronan Project, including a 20-metre interval grading 0.83% copper and 0.42g/t gold. The results support ongoing resource growth work, but further drilling and assays are needed before any resource change can be established.

Evion has identified a previously unmined 200m by 200m prospect at its Carp Fluorspar Project in Nevada, just 300m from the historic South Pit. Assays are pending, with geophysical surveys and a potential maiden drilling programme next in line.

Patronus Resources is taking a well-funded exploration campaign into a busy phase, with 30,000 metres of multi-rig drilling underway at Pine Creek and a stated $65 million in cash and investments. The investor presentation also highlights a 2.3Moz AuEq resource base, although parts of the portfolio rely on historical estimates and future WA work remains dependent on heritage access.

Rua Gold has reported its highest-grade Auld Creek drilling results to date, including 0.6 metres at 136.2 g/t gold equivalent and 2.9 metres at 38.8 g/t gold equivalent. The company has completed 19,600 metres of resource drilling and is targeting an updated resource, approvals application and pre-feasibility study before year-end.

Mount Ridley Mines has told ASX it holds no unreleased exploration results that explain its share price rise, while confirming three testwork programs remain in progress. The company also disclosed that an institutional investor had approached it about participating in its current capital raising.

Magnum Mining has confirmed broad shallow TREO enrichment across the 8.3 km² Feirinha target in Brazil, led by a 15-metre interval grading 2,190 ppm. The result is encouraging, but recoverability and mineral continuity remain untested as the company shifts to laboratory work.

Barton Gold has secured approval for the environmental scope governing development studies at its Tunkillia gold and silver project in South Australia. The milestone moves the project towards a Mining Lease application, with updated resources, Ore Reserves and a pre-feasibility study targeted for the first quarter of 2027.

Sky Metals has identified high-grade tungsten mineralisation at the Theirman Mines Prospect, 20 kilometres north of its Tallebung project in NSW. The results validate historical sampling and move the prospect towards drilling within weeks, although the evidence remains limited to surface rock chips.

Patronus Resources has defined a new 1.5km-long gold anomaly at J25 in the Northern Territory, with surface assays reaching 0.99g/t Au. The result expands a growing target pipeline just as four drill rigs move from target generation to testing.

West Coast Silver has completed the main tranche of its A$6.0 million placement, raising A$5.92 million before costs for drilling, technical studies and resource updates at Elizabeth Hill. A final A$80,000 director tranche still requires shareholder approval.

Tali Resources ended its first full year as an ASX-listed explorer with A$5.19 million in cash, a larger West Arunta exploration program and a A$1.48 million loss. The annual report also records a A$516,170 impairment after early drilling returned only moderately anomalous results, keeping the company firmly in the high-risk pre-discovery phase.

Raptor Metals has launched a multi-element assay program on archived drill core at its Chester Project, aiming to unlock the polymetallic potential of its existing copper resource in Canada’s Bathurst Mining Camp.