Latest Drill Results News

Athena Resources has completed a successful drilling campaign at its Byro South magnetite project, resolving key tenement disputes and strengthening its alliance with Fenix Resources. The company is advancing metallurgical test work to enhance ore quality.

Magmatic Resources has secured the Weebo Gold Project in Western Australia and reported encouraging copper-gold drill results at its Myall Project, maintaining a robust cash position of $4.7 million.

Blackstone Minerals has completed its merger with IDM International, acquiring the high-grade Mankayan Copper-Gold Project in the Philippines and reporting promising deep drill results. The company also raised $22.6 million to accelerate exploration.

Sabre Resources reports promising uranium and rare earth element discoveries at its Dingo Project while securing $1.6 million from the sale of its Ninghan Gold Project, strengthening its financial position for ongoing exploration.

Astute Metals has reported its highest-grade lithium intersections to date at the Red Mountain Project in Nevada, alongside promising beneficiation testwork and new gold-silver exploration targets at the Needles Project.

Avenira Limited has advanced its Wonarah Phosphate Project with Northern Territory Government approval of its Mine Management Plan and secured $7.57 million through a placement to Hebang, while deferring operational start to optimize costs.

Alvo Minerals has progressed multiple prospects at its Palma Copper-Zinc Project in Brazil, secured $1.56 million through an entitlement offer, and expanded its mining services division, positioning itself for growth.

Emmerson Resources’ latest scoping study confirms the White Devil gold deposit as a major mine with a robust resource base and strong financial metrics, setting the stage for feasibility studies and production growth.

AuMEGA Metals has completed a significant diamond drilling program at its Cape Ray Project and expanded its exploration footprint at Bunker Hill, while appointing experienced leaders to drive growth.

Norfolk Metals advances its Carmen Copper Project in Chile with a newly granted drill permit and a firm $3.5 million capital raise, positioning the company for a maiden drilling campaign targeting significant copper mineralisation.

Gibb River Diamonds has secured a contract mining agreement for its Edjudina Gold Project, aiming to start open pit mining at the Neta Prospect by August 2025, subject to permit approvals. The deal minimizes financial risk while positioning the company to capitalise on gold production.

Catalina Resources has reported promising wide gold mineralisation zones from its first reverse circulation drilling at the Laverton Project, Western Australia, signalling potential for a significant gold system. Follow-up drilling and pending rare earth element assays could further enhance the project’s outlook.