Latest Drill Results News

Native Mineral Resources Holdings Limited has locked in exclusive 12-month mining rights at the Podosky Gold Project in Queensland, backed by promising high-grade drilling results and imminent mining plans.

Beacon Minerals reports multiple high-grade gold intersections from extensive drilling at the Iguana Deposit, reinforcing its resource potential. However, the company lowers its March quarter production guidance due to operational challenges.

Arika Resources has reported strong initial 2026 drilling results at its Pennyweight Point prospect within the Yundamindra Gold Project, confirming thick, high-grade gold mineralisation and expanding near-surface oxide zones.

European Resources Limited (ASX: ERE) has announced a $4.26 million renounceable entitlement offer to accelerate exploration and metallurgical work at its Korsnäs rare earth elements project in Finland. The offer is partially underwritten and includes attaching options, providing shareholders with a strategic opportunity amid significant recent resource growth.

Koonenberry Gold’s latest drilling at the Sunnyside Prospect reveals shallow, high-grade gold mineralisation and extends the known mineralised zones, reinforcing the project’s district-scale potential.

Pacgold Limited is advancing its White Dam Gold Project with 95% completion of the Vertigo drilling program, delivering strong assay results that support an imminent resource upgrade. Operational milestones include commissioning of heap leach pad crushing, setting the stage for a production ramp-up.

Cannindah Resources has confirmed high-grade copper-gold mineralisation in the GAP zone of its Mt Cannindah project, delivering a standout 94m intercept at 1.11% copper equivalent. These results underpin expectations for a significant resource upgrade and set the stage for further exploration.

PC Gold Limited reports multiple thick, high-grade gold intercepts at its Spring Hill project, extending known mineralisation and advancing pre-feasibility studies ahead of a June resource update.

New Frontier Minerals has secured technical approval for its Mining Lease Application at the Big One Copper Deposit, setting the stage for potential near-term copper production amid a tightening global copper market.

Ausmon Resources has released amended drilling results from its Beelitz Prospect in South Australia, highlighting encouraging preliminary rare earth element concentrations and outlining plans for further exploration.

Culpeo Minerals has restructured its payment schedule for the Lana Corina copper-molybdenum project, easing near-term cash demands while maintaining its path to majority ownership. Progress on community access agreements signals a return to drilling activities in early Q2 2026.

Nelson Resources has initiated advanced geophysical surveys at its Gold Point Project in Nevada, aiming to unlock extensions of historically rich gold and silver veins ahead of maiden drilling in Q2 2026.