Latest Drill Targeting News

Magnum Mining & Exploration has initiated leach testing on high-grade samples from its Palmares Rare Earth Element Project in Brazil, aiming to validate recovery rates ahead of planned drilling. Results expected by September will guide the next phase of exploration across its extensive REE portfolio.

New Murchison Gold Limited reveals significant high-grade gold intersections well below the current open pit at its Crown Prince Gold Mine, signaling promising underground mining potential and an extended mine life.

Godolphin Resources is raising $3.03 million through a placement and entitlement offer to fast-track exploration and development at its Lewis Ponds Project in NSW, following a significant resource upgrade.

Moho Resources has secured the Bush Chook Gold Project in Western Australia’s Pilbara region, covering 225 square kilometres with promising high-grade gold anomalies. The company plans an aggressive exploration campaign to unlock the project’s potential, which remains untested by drilling.

TechGen Metals has completed a heritage clearance survey at its Blue Devil Project in Western Australia, revealing new high-grade copper and gold structural zones and setting the stage for targeted geophysical surveys and drilling.

Golden Horse Minerals’ latest Down Hole Electromagnetic survey at Hopes Hill reveals multiple large conductive anomalies, supported by recent high-grade drill results, signaling promising deeper gold mineralisation. Complementary soil geochemistry across regional prospects further sharpens drill targets.

Estrella Resources has launched a comprehensive drone and geophysical survey program across its manganese and limestone projects in Timor-Leste, aiming to sharpen geological models and enhance drill targeting ahead of upcoming campaigns.

Brightstar Resources has kicked off a significant underground drilling campaign at its Fish Mine, aiming to extend mine life and upgrade mineral resources for future production growth.

Hammer Metals has identified several promising gold and copper anomalies across its Mount Isa Project in Queensland, confirming extensive mineralisation and setting the stage for targeted drilling.

Yari Minerals has increased its inferred coal resource at the Rolleston South Coal Project by 26% to approximately 190 million tonnes, leveraging new data from coal seam gas wells. The company plans a drilling campaign to upgrade resource classification and explore semi-soft coking coal potential.

Augustus Minerals has initiated Heritage Surveys at its expansive Music Well Gold Project, clearing a critical hurdle toward starting its maiden drilling campaign in a prolific Western Australian gold belt.

Forrestania Resources has successfully raised $8.6 million through a placement priced at a 21.7% premium, signaling strong investor confidence as it advances multiple gold projects.