Latest Drill Targeting News

3D Energi has raised $9.4 million to fund the drilling of its Essington-1 well in the Otway Basin, with Korea National Oil Corporation acquiring a 29% stake in the joint venture alongside ConocoPhillips. Drilling is set to commence in late October 2025.

Resource Minerals International Ltd reports impressive high-grade gold and silver assays from rock chip sampling at its Shaib Marqan and Wadi Salamah projects in Saudi Arabia, setting the stage for maiden drilling campaigns.

Litchfield Minerals has reported a significant copper-zinc sulphide intercept exceeding 100 metres at its Oonagalabi Project, with ongoing drilling targeting major geophysical anomalies that could expand the resource.

Gateway Mining’s recent Induced Polarisation survey at the Yandal Gold Project has refined key gold targets, setting the stage for a significant diamond drilling campaign starting this week.

Far East Gold has launched a 10-hole diamond drilling campaign at its high-grade Sua gold prospect in Papua, Indonesia, aiming to confirm and expand a substantial inferred resource. Historical drilling revealed multiple impressive gold intercepts, with grades reaching up to 52.3 g/t Au.

Albion Resources has identified a significant 5 km gold-bearing structural corridor at its May Queen prospect within the Yandal West Gold Project, Western Australia, setting the stage for a promising drilling campaign in November 2025.

Legacy Minerals has partnered with Rio Tinto in a farm-in deal that could see up to $25 million invested in exploring the vast Thomson Project in NSW for intrusion-related copper and gold deposits.

Moho Resources advances its gold exploration in Western Australia with significant tenement grants and high-grade surface samples at Bush Chook, alongside promising soil anomalies at Silver Swan North. Maiden drilling is planned for late 2025, marking a pivotal step in unlocking project potential.

Forrestania Resources is set to begin diamond drilling at its Breakaway Dam Copper VMS prospect, aiming to unlock a potentially district-scale copper system in Western Australia’s Eastern Goldfields.

Ardiden Ltd has announced a transformative merger with Lac Gold Limited, combining two significant Canadian gold assets into a well-funded exploration and development company. The deal brings together the advanced-stage Rouyn Gold Project in Quebec and Ardiden’s Pickle Lake Gold Project in Ontario, creating a balanced portfolio with strong growth potential.

Legacy Minerals has confirmed significant high-grade gold and silver mineralisation at its Mascotte prospect and commenced diamond drilling at the Battery prospect within the Mt Carrington Project in NSW.

Dart Mining reports outstanding surface rock chip sampling results from its Coonambula project in Queensland, revealing high-grade antimony, gold, and silver assays that underscore the site's exploration potential.