Latest Drill Targeting News

Lac Gold has completed its acquisition of the historic Golden Patricia Gold Mine in Ontario, gaining full ownership of a prolific high-grade gold corridor and setting the stage for district-scale exploration.

Ozz Resources aims to raise up to AUD 5 million through a public offer to fund the acquisition of Sulphide Minerals and exploration of the Bedaburra Project, pending ASX re-admission and shareholder approval.

South32 advances its stake in Hammer Metals’ Isa Valley project with a A$3 million exploration commitment, while Sumitomo Metal Mining Oceania signals withdrawal from the Bullrush joint venture.

North Stawell Minerals has launched a 600-800 metre diamond drilling program at its Darlington Project, aiming to extend previously identified high-grade gold zones that echo historic Victorian gold trends.

Aureka Limited's latest high-resolution drone magnetic survey over its Irvine Gold Project has unveiled several new high-priority exploration targets, with ongoing diamond drilling aimed at expanding its 304koz JORC resource. The engagement of renowned geologist Dr Barry Murphy signals a strategic push to decode the project's complex structural geology.

AuKing Mining expands its footprint at the Tundulu Rare Earths Project in Malawi through a structured earn-in agreement and a fresh airborne survey revealing a larger carbonatite system with multiple new drill targets.

Lac Gold has reported standout high-grade gold intersections at its Astoria deposit within the Rouyn Gold Project, including a blistering 0.5m intercept grading 1,580g/t Au. These results underpin a structurally complex, large-scale orogenic system and come as Phase 2 drilling ramps up.

Pacgold Limited is demerging its North Queensland gold-antimony projects into a new company, Manda Resources, which will pursue an ASX listing in late 2026. Shareholders will retain exposure to the North Queensland portfolio via free shares while Pacgold sharpens its focus on ramping up production at White Dam.

Lightning Minerals has revealed exceptional tungsten assay results from its Warby Project in North Queensland, confirming widespread high-grade mineralisation across multiple vein systems within a 2km corridor.

Locksley Resources’ maiden diamond drilling at El Campo reveals significant NdPr-enriched rare earth mineralisation akin to Mountain Pass, while Desert Antimony Mine drilling extends high-grade stibnite zones beneath historic workings.

Advance Metals has reported a substantial silver intercept in its maiden diamond drill hole at the Gavilanes Project in Mexico, underlining the potential to upgrade its resource estimate later this year.

Bayan Mining has kicked off its first-ever drilling campaign at the Desert Star Rare Earth Project in California, aiming to test promising high-grade surface mineralisation and geophysical targets near the Mountain Pass mine.