Latest Drill Targeting News

Legacy Minerals has secured NSW Government approval to recommence drilling at its Mt Carrington gold-copper project, unveiling fresh geophysical targets and backed by a recent $7.75 million capital raise.

Verity Resources has completed a significant infill drilling program at its Korong deposit, aiming to upgrade its gold resource classification and pave the way for future development studies.

Enterprise Metals is set to begin air core drilling at its Murchison Project targeting rare earth elements, following regulatory approval and a heritage agreement. The program aims to test a key magnetic anomaly adjacent to Victory Metals’ North Stanmore REE deposit.

Iltani Resources has identified 16 significant electromagnetic anomalies at its Herberton Project, including 13 near the Orient silver-indium deposit, setting the stage for a multi-phase exploration campaign.

Thunderbird Resources reports significant high-grade gold assays at its Kookabookra Gold Project in NSW, including a newly identified Kojak prospect with assays up to 23g/t Au, reinforcing the potential for a large-scale gold system.

Bayan Mining and Minerals Limited has secured $3.27 million through a strategic placement to fast-track exploration at its Desert Star projects in California’s Mojave Desert, positioning itself near major rare earth and gold mining operations.

New Frontier Minerals reports exceptional assay results from its Harts Range Project, revealing high concentrations of heavy rare earth elements and niobium, setting the stage for its maiden drilling campaign and potential commercialisation.

Pivotal Metals has identified multiple undrilled electromagnetic conductors at its Lorraine Project in Quebec, alongside an extension of a high-grade gold corridor, setting the stage for a significant exploration campaign.

Cannindah Resources launches a fully underwritten $4.5 million entitlement offer to fund accelerated drilling at its Mt Cannindah copper-gold deposit, aiming to expand its 14.5Mt resource and explore new Tier-1 porphyry targets.

Great Northern Minerals Ltd has agreed to acquire the Catalyst Ridge Project in California’s Mountain Pass District, a key US rare earth and antimony region, supported by a $2.6 million capital raise to accelerate exploration.

Golden Mile Resources has raised $510,823 through a discounted private placement to fund further exploration at its Pearl Copper Project in Arizona and pursue strategic acquisitions.

Kalgoorlie Gold Mining leverages new Sub-Audio Magnetics data to launch its biggest reverse circulation drilling campaign at the Pinjin Gold Project, with diamond drilling set to follow shortly.