Latest Drill Targeting News

Mantle Minerals has identified four promising new drill targets at its Mount Berghaus project following a high-resolution gravity survey, while seeking government co-funding to advance exploration.

Heavy Rare Earths Limited (ASX:HRE) has expanded its uranium exploration footprint through a significant asset acquisition in South Australia and advanced geophysical surveys, positioning itself for targeted drilling in 2025.

Albion Resources has made significant strides at its newly acquired Yandal West Project, identifying seven key geophysical targets and gearing up for a mid-year drill campaign under new CEO Peter Goh.

Premier1 Lithium has completed its first significant drilling campaign at the Yalgoo Gold Project in decades, confirming strong gold prospectivity with high-grade rock chip results and identifying new targets at Abbotts North.

Australian Gold and Copper Ltd reports strong assay results from its accelerated aircore drilling program at the Achilles Shear Zone, extending the known mineralisation footprint by at least 1.2 kilometres. With $15.7 million cash on hand, the company is poised for further exploration and resource definition.

Peregrine Gold Limited has secured a pivotal agreement for gold extraction at its Peninsula Prospect, launched major drilling campaigns at Mallina and Tin Can, and bolstered its treasury through a $2.5 million capital raise and asset sale.

TechGen Metals reports compelling high-grade copper assays and airborne EM targets at Kimberley projects, with imminent drilling programs set to test promising gold anomalies in Western Australia.

Carnavale Resources advances its high-grade gold exploration at the Kookynie Gold Project with ongoing drilling targeting extensions at Swiftsure and the newly discovered Tiptoe deposit. Assay results due in June will be pivotal for resource expansion and project development.

Norwest Minerals has been granted a key mining lease for its Bulgera Gold Project and launched a $4.85 million entitlement offer to fund aggressive resource drilling and mining evaluations. Meanwhile, exploration at West Arunta reveals promising titanium and base metal intersections, underpinning the company’s growth ambitions.

C29 Metals bolstered its Kazakhstan multi-mineral project with a new tenement grant and appointed Dr Robert Stuart as Chief Geoscientist, while maintaining a solid cash position of $1.674 million at quarter end.

Adavale Resources has completed the acquisition of a 72.5% stake in the Parkes Gold and Copper Project, delivering promising early exploration results and securing $722,000 in new funding to support upcoming drilling programs.

KGL Resources has reported a robust quarterly update for its Jervois Copper Project, highlighting a strong feasibility study with a $405 million NPV and successful drilling that extends high-grade copper resources. The company also secured $4.2 million in new capital and is progressing strategic financing to target production by 2027.