Latest Drill Targeting News

Antares Metals Limited (ASX, AM5) has announced a significant acquisition of gold and base metals assets in Western Australia, positioning itself for a maiden drilling campaign in early 2026.

Catalina Resources’ independent geological review confirms strong orogenic gold potential at Beasley Creek, spotlighting the Flamingo target with historic high-grade intercepts and clear drill readiness.

Accelerate Resources has raised A$900,000 through a share placement to fund expanded drilling and geophysical surveys at its Balagundi Gold Project in Western Australia.

FIN Resources Limited reveals significant unassayed mineralised intervals at its Cabin Lake Gold Project, setting the stage for a promising 2026 drilling campaign. The discovery of a continuous 15.75m unsampled core between known high-grade zones offers a low-cost opportunity to expand the resource.

Evergold Minerals has confirmed significant gold mineralisation at its Bynoe Project in the Northern Territory, shifting focus from lithium to gold. The company plans an extensive exploration campaign in 2026 to capitalise on this promising discovery.

Legend Mining has identified two new high-priority gold soil anomalies at its Pinnacle Well Project in Western Australia, advancing exploration with geophysical surveys and a key heritage agreement.

Pinnacle Minerals has launched its first modern exploration program at the Antimony Queen Project in Washington State, aiming to unlock the potential of a historic antimony-gold district within a critical US minerals corridor.

Caprice Resources has initiated the air core drilling phase of its fully funded 20,000m Phase 4 campaign at the Island Gold Project, targeting extensions of the Vadrians deposit and new gold-bearing formations. This multi-rig effort aims to advance the project towards a maiden Mineral Resource Estimate amid strong regional gold prospects.

Mithril Silver and Gold Limited has secured an option to acquire the La Dura gold-silver property adjacent to its flagship Copalquin project in Durango, Mexico, setting the stage for expanded exploration and resource growth.

Austin Metals has identified promising new banded iron formation (BIF)-hosted gold targets at its Brunswick Hill Prospect, showing striking geological parallels to Caprice Resources’ high-grade Vadrians Deposit. The company plans targeted drilling in early 2026 to test these high-priority zones within its extensive Austin Gold Project tenure.

EV Resources is advancing its Los Lirios antimony project with drilling set to begin in January 2026 and engineering nearing completion for the Tecomatlán processing plant refurbishment, aiming for production by mid-2026.

Many Peaks Minerals has launched a substantial diamond and RC drilling campaign exceeding 15,000 metres at its Ferké Gold Project in Côte d'Ivoire, aiming to expand known mineralised zones and build on recent high-grade gold discoveries.