Latest Drill Results News

DeSoto Resources has reported strong gold assay results from artisanal workings at its Timbakouna Project and extensive soil sampling across multiple permits in Guinea’s prolific Siguiri Basin, underpinning plans for follow-up drilling and geophysical surveys.

Caprice Resources has identified multiple new gold anomalies at its Island Gold Project, setting the stage for deeper drilling follow-up amid a 50,000m program underway.

Altitude Minerals has completed extensive gravity and passive seismic surveys over its Byrock Project in NSW, validating key copper-gold porphyry targets and setting the stage for follow-up RC drilling in 2026.

Greenwing Resources’ latest geophysical analysis reveals the San Jorge lithium brine system extends to 1,000m depth with increasing lithium grades, setting the stage for a significant resource expansion.

Wia Gold is making steady progress on its Kokoseb Gold Project in Namibia, reporting strong high-grade drilling results that bolster underground mining prospects alongside ongoing feasibility studies and strategic leadership appointments.

Ausgold Limited has expanded its Katanning Gold Project drilling program to 54,000 metres, revealing high-grade mineralisation beyond existing resource limits. The company also secured a key cooperation agreement with the Wagyl Kaip Southern Noongar Aboriginal Corporation, while permitting delays push the final investment decision to Q4 2026.

Unity Metals reveals broad stacked gold zones beneath cover at Rohav Mountain and high-grade veins at Ngot Central, reinforcing potential for intrusion-related gold deposits near Cambodia's Okvau Mine.

Nelson Resources has obtained key mining leases at its Yarri Gold Project, unlocking expansion potential in high-grade zones and securing up to A$10 million in funding from MEGA Resources to fast-track development.

Native Mineral Resources (ASX:NMR) has delivered strong diamond drilling results at its Blackjack Mine, Queensland, confirming and exceeding previous gold grades. Mining has resumed with ore processing underway, supported by new infrastructure and ongoing development.

Astral Resources has reported strong drilling results across its Western Australian gold projects, progressing the Mandilla Definitive Feasibility Study (DFS) and securing $1.76 million in a recent placement tranche. The company maintains a healthy cash position of $73 million as it targets first gold production in early 2028.

SSH Group Ltd reported a 44% reduction in hire purchase debt alongside $48.4 million in rolling 12-month cash receipts, while progressing high-grade drilling and mining operations at Wagtail and Gold Duke projects.

Scorpion Minerals has submitted a mining lease application for the Old Prospect gold tenements in WA, moving to secure and expand a high-grade JORC resource through planned drilling and strategic partnerships.