Latest Drill Results News

Fortuna Metals (ASX: FUN) has extended the rutile mineralisation footprint at its Mkanda Project in Malawi from 37km² to 53km², revealing high-grade cores and planning extensive drilling to underpin a maiden resource estimate in the second half of 2026.

Nordic Resources (ASX:NNL) has completed its assay reporting for the 2025 Kopsa drilling program, revealing a new higher-grade stockwork zone and multiple mineralised extensions outside current resource boundaries. Drilling has resumed at Kopsa and Kiimala, with metallurgical testing underway and an updated resource estimate due in Q3 2026.

Dreadnought Resources accelerated progress on gold and critical metals fronts in the March quarter, securing mining approvals, expanding its rare earth portfolio, and delivering high-grade drill results at key prospects.

WA1 Resources has delivered a fresh batch of high-grade niobium intersections at its Luni Project, underpinning a Mineral Resource Estimate update due next quarter. The company also maintains a robust cash balance of $131 million as it advances pre-development activities.

Venari Minerals has delivered a maiden JORC Inferred Mineral Resource Estimate for its Red Mountain Lithium Project in Nevada, revealing 3.03 million tonnes of contained Lithium Carbonate Equivalent. The company also reported improved beneficiation results and completed a share buyback to streamline its register.

Geopacific Resources has advanced its Woodlark Gold Project with the Definitive Feasibility Study close to finalisation, underpinned by a $40 million equity raise and promising exploration drilling results. The company is positioning for a development decision in 2026 amid key permit approvals and strategic partnerships.

Eastern Resources (ASX:EFE) has activated the farm-in period for its Marengo Gold Project, marking a key milestone with fieldwork planned after Queensland’s wet season. The company maintains steady cash reserves and advances environmental assessments at its Nowa Nowa Iron Project.

Great Boulder Resources accelerated drilling at its Side Well Gold Project, delivering a jaw-dropping 1.93m intercept grading 574g/t gold, including an extraordinary 0.25m at 4,434g/t, while maintaining a solid $12 million cash position.

Unico Silver has reported a 143% surge in its Joaquin project's mineral resource to 167 million ounces silver equivalent, reinforcing its status as a major silver developer. The company also progressed key pre-feasibility studies and expanded its investor reach with a US OTCQB listing.

Cygnus Metals has secured A$25 million in a tightly priced placement to accelerate exploration and development at its Chibougamau Copper-Gold Project. Recent drilling at Golden Eye returned impressive high-grade gold and copper intercepts, supporting resource upgrades and expansion plans.

Broken Hill Mines (ASX: BHM) reported a strong March quarter with a 29% ore grade increase and a 52% jump in silver output, driven by ramp-up at Rasp Mine and advancing Pinnacles development. Operational cashflow rose 45% to A$2.4m amid cost reductions and a strategic partnership with Kingfisher Mining.

Askari Metals has completed data compilation at its Nejo Gold and Copper Project, setting the stage for a 5,000m maiden drilling campaign targeting high-grade gold and copper. Meanwhile, trenching at its Uis Project in Namibia reveals robust polymetallic mineralisation, including tin, tantalum, lithium, rubidium, and caesium, underpinning plans for RC drilling later this year.