Latest Drill Targeting News

Koonenberry Gold has successfully mapped the Sunnyside Shear Zone at its Enmore Gold Project using advanced geophysical surveys, identifying six high-priority drill targets. The company is set to commence a fully funded +10,000m drilling program in late August to test these promising extensions.

Catalina Resources has confirmed significant gold mineralisation at its Yerilgee Project in Western Australia's Central Yilgarn, with rock chip samples returning assays as high as 84 grams per tonne. This initial exploration validates the prospectivity of the underexplored Snowflake Prospect and sets the stage for targeted drilling.

Alara Resources has been awarded a mining license for the Daris 3A5 prospect in Oman, marking a key step in developing its second copper operation in the country. Historical drilling confirms high-grade copper mineralisation, with further exploration and planning underway.

Caprice Resources has confirmed further high-grade gold intercepts and new mineralised zones at its Island Gold Project, extending known mineralisation and boosting confidence ahead of a fully funded Phase 4 drilling campaign.

FMR Resources has completed a joint venture to earn a majority interest in a promising Chilean copper-gold project and raised $2.2 million, positioning itself for drill-ready exploration in late 2025.

Horizon Minerals has executed a binding agreement to acquire the Gordons Dam and adjacent gold projects near its Black Swan processing plant, adding an inferred resource of 20,000 ounces and promising exploration upside.

Albion Resources has reported impressive shallow high-grade gold intercepts at its Collavilla Prospect within the Yandal West Gold Project, reinforcing the potential of this emerging gold system. The results support a geological model linking gold mineralisation to mafic rafts in granite, with further drilling and surveys underway.

Enova Mining has raised $0.85 million to fund a diamond drilling campaign targeting high-grade rare earth elements at its East Salinas Project in Brazil, signaling strong investor confidence and advancing its critical minerals portfolio.

Koonenberry Gold has expanded the mineralised zone at its Enmore Gold Project in NSW to approximately 260 metres strike, revealing promising bulk tonnage and high-grade gold potential. The company is set to launch a fully funded +10,000-metre Phase II drilling campaign in late August to explore extensions and new targets along a 2km prospective corridor.

Firetail Resources has raised A$5 million in a strongly supported placement to accelerate exploration across its US and international gold and copper projects, including maiden drilling at the Excelsior Gold Project in Nevada.

Solis Minerals has secured permits to begin a significant 5,000-metre diamond drilling campaign at its Ilo Este copper-gold project in Peru, aiming to unlock large-scale mineral resources. Drilling is set to start in August 2025, following progress at the nearby Chancho al Palo project.

Torque Metals reports a significant upgrade in gold assay results at its Paris Gold Project, confirming a high-grade 15.5m intersection grading 12 g/t gold within a broader mineralised zone. The discovery aligns with strong geophysical signals, suggesting promising potential for resource growth.