Latest Drill Results News

Turaco Gold has reported one of its strongest Woulo Woulo intercepts, with 56 metres at 3.87g/t gold including 16 metres at 10.19g/t. The results extend a high-grade structural shoot beneath the existing resource and trigger another six-hole deep drilling campaign.

Ore Resources has added 408.87 square kilometres to its Kal East gold footprint in Western Australia, but all 18 new tenements remain pending. The company plans to begin 3,000-5,000 metres of aircore drilling at Mt Monger in November, subject to heritage clearances.

BOA Resources has reported further high-grade copper intersections at Ricci Lee, strengthening evidence of a continuous mineralised system rather than isolated historical hits. Assays from 12 more RC holes and five other Neds Creek prospects could now shape the path towards a maiden Mineral Resource.

Horizon Gold has reported its strongest Snook intercept to date, including 44 metres at 5.08g/t gold, as drilling points to deeper resource potential at Gum Creek. Results at Cobia and Alma May could also support maiden resources, although further drilling and technical work remain ahead.

Ballard Mining has secured A$45 million from institutional and sophisticated investors, giving its 1.84 million ounce Mt Ida project funding for drilling, infrastructure and development studies. A further A$5 million shareholder offer could take the raise to A$50 million, although the SPP is not underwritten.

Midas Minerals has extended confirmed mineralisation at its Spaatzu copper-silver deposit in Namibia to 1.5 kilometres, with broad shallow intercepts continuing to emerge from step-out drilling. Assays from another 19 holes are pending ahead of a planned initial resource estimate in the first quarter of 2027.

Hamelin Gold has expanded its Day Dawn drilling campaign after intersecting multiple high-grade gold lodes, including 3 metres at 93.4 g/t Au from 9 metres. The company raised approximately $8 million during the quarter and held $9 million in cash as it prepares for diamond drilling and further exploration across Western Australia.

Altitude Minerals is abandoning its Byrock copper-gold earn-in after disappointing assays and redirecting exploration towards drill-ready silver and gold targets in Nevada. The pivot comes with $817,000 in cash, 1.5 quarters of estimated funding and further capital still to be secured.

Recharge Metals has completed its 100% acquisition of the Ironstone Well Gold Project, expanding its Prospero gold exploration trend near Leonora to more than 15km. The deal lands just as the company prepares to start its first 30,000m drilling campaign at the adjoining Sunset Well project.

Kalgoorlie Gold Mining has secured the full A$1.14 million targeted through its underwritten entitlement offer, despite eligible shareholders subscribing for only A$314,170. The capital is earmarked for drilling at the Lighthorse discovery, aircore work at LTZ Flexure and working capital.

Pioneer Minerals is pursuing staged options over a 3,477-hectare Argentina gold-copper-silver project where historical drilling returned broad, high-grade polymetallic intervals. The proposed acquisition is paired with an A$1.8 million funding package, but both the transaction and most of the capital raise require shareholder approval.

Aurum Resources has reported further gold mineralisation across three Boundiali targets, including a high-grade 5.85-metre intercept at BMT3. The 60-hole program is designed to expand the resource, upgrade confidence and support a maiden estimate for BMT2 ahead of an early fourth-quarter update.