Latest Drill Results News

Tesoro Gold has reported standout deep drilling results at its Ternera Deposit, confirming mineralisation well beyond previous open pit limits, while fast-tracking its El Zorro project into a Definitive Feasibility Study aiming for completion by year-end.

Tartana Minerals has raised $4.5 million to accelerate drilling and boost copper sulphate production, underpinning its extensive critical metals portfolio in Far North Queensland.

InVert Graphite has delivered strong assay results from its maiden drilling program at the Morogoro Project, Tanzania, confirming extensive near-surface graphite mineralisation with grades up to 21.5% Total Graphitic Carbon. The company pauses drilling for the wet season but maintains a solid cash position to advance next steps.

Golden Horse Minerals has reported a standout diamond drill intercept of 16m at 6.8 g/t Au with visible gold north of the historic Hopes Hill pit, extending the known mineralised strike to over 2.5km and highlighting the potential for a larger gold system. Follow-up drilling is underway as part of an aggressive 2026 program.

Arika Resources has reported a fresh wave of thick, high-grade gold intercepts at its Yundamindra Gold Project in Western Australia, reinforcing the project's potential ahead of a maiden resource estimate.

New Murchison Gold (ASX:NMG) has uncovered its deepest and highest-grade gold intercept to date below the Crown Prince open pit, underscoring significant underground mining potential at its flagship Garden Gully project.

Burley Minerals has reignited interest in its Chubb Lithium Project in Quebec following a lithium price uptick and promising drilling results revealing both spodumene and rare pollucite mineralisation. The company is weighing strategic options including further exploration, joint ventures, or sale.

SQX Resources has wrapped up its maiden 25-hole drilling program at the Red Bird Gold Project in Arizona, revealing a larger, continuous gold system with promising high-grade near-surface mineralisation. The company’s follow-up geophysical work aims to unlock deeper and strike extensions.

Tolu Minerals has raised AUD 23.75 million through convertible notes from Petrosea, reinforcing its capital position ahead of shareholder approval. The company is also shoring up diesel supplies to safeguard operations at its Tolukuma Gold Mine amid global fuel volatility, while early drilling results hint at further resource potential.

Barton Gold has launched a ~3,000m diamond drilling campaign at its Tunkillia project, aiming to upgrade resources and support a Mining Lease application by the end of 2026. The project builds on a strong May 2025 study projecting robust returns amid rising gold and silver prices.

Pantoro Gold has struck a $20 million funding deal with Mega Resources to develop the high-grade Rama Open Pit in Western Australia, securing an exclusive option to extend mining underground through a profit-sharing agreement.

Star Minerals has secured final approvals and commenced site mobilisation at its Tumblegum South Gold Project, bolstered by strong drilling results and a $2.75 million sale of non-core assets to Catalyst Metals.