Latest Drill Targeting News

Summit Minerals appoints Dr Matthew Cobb as Managing Director and reports encouraging early metallurgical results from its Equador Niobium Project, underpinning a strategic refocus on its Brazilian exploration portfolio.

Kingfisher Mining has secured a strategic portfolio of copper, gold, silver, lead, and zinc projects across New South Wales, backed by a $1.85 million capital raise to accelerate exploration.

Albion Resources has reported impressive near-surface gold intercepts at its Collavilla Prospect in Western Australia, highlighting a standout 11m at 20.0 g/t gold from just 17m depth. A detailed gravity survey is underway to pinpoint further high-grade targets within the expansive Ives Find granite.

Kali Metals bolsters its Pilbara gold project with new tenement acquisitions and exceptional rock chip assays, setting the stage for its inaugural drilling campaign. The discovery of the Churchill Gold Prospect extends the mineralised corridor to nearly 3km.

Tanami Gold NL has reported promising initial assay results from its latest drilling campaign at the historic Jims Gold Mine, revealing significant gold intercepts that hint at potential resource expansion. Final results from the majority of diamond core samples are still awaited, keeping the market’s attention.

DeSoto Resources has ramped up exploration at its Northern Territory Spectrum Project, deploying a second drill rig and completing a significant deep hole at the Quantum Rare Earth Deposit.

Lanthanein Resources has completed diamond drilling at its Lady Grey Project, reported promising assay results, and launched a $2.4 million capital raising alongside a proposed rebrand to Fortuna Metals.

Zinc of Ireland NL has completed key drilling at its Mt Clere Project in Western Australia, intersecting broad sulphide zones, while refining its zinc-lead portfolio in Ireland with ongoing gravity surveys. The company holds a solid cash position of approximately A$1.25 million as it pursues further exploration and potential acquisitions.

Talisman Mining has initiated a targeted drilling campaign at its Walkers Hill Project in NSW, aiming to test a significant gold anomaly supported by historical mineralisation and recent geophysical data. Meanwhile, a comprehensive geophysical survey at Yarindury sets the stage for upcoming drill tests.

Catalina Resources has reported significant exploration progress with multiple high-grade gold and rare earth intercepts at its Central Yilgarn and Laverton Projects, alongside strategic leadership changes and a successful capital raise.

Aureka Limited’s latest drilling at the St Arnaud Comstock project reveals multiple high-grade gold intercepts beyond its maiden resource, signalling promising expansion potential.

Centaurus Metals has reported significant new high-grade copper-gold mineralisation at its Boi Novo Project in Brazil, including a newly discovered shallow zone at Nelore East with assays up to 11.5m at 2.84% copper and 0.90g/t gold. Drilling at Nelore West confirms continuity of mineralised breccia pipes, expanding the project's potential.