Latest Drill Targeting News

Resouro Strategic Metals reports strong assay results from 18 auger drill holes at its Tiros Northern Block in Brazil, confirming significant near-surface titanium and rare earth mineralization. These findings complement the company’s existing resource base and support ongoing development efforts at the adjacent Central Block.

Sipa Resources is set to begin a significant aircore drilling campaign at its Tunkillia North and Nuckulla Hill gold projects, following promising recent reverse circulation drilling results. The program aims to test both historical and new structural targets, potentially expanding the company's exploration pipeline.

Altitude Minerals has completed a $500,000 capital raise to fund targeted drilling and exploration of heavy mineral sands in South Australia and New South Wales, advancing its Eromanga Basin project.

FMR Resources has refined a significant copper porphyry target at the Southern Porphyry prospect within the Llahuin Project JV, setting the stage for Phase I drilling early in Q4 2025.

Ballymore Resources has initiated a 30-day induced polarisation survey at the historic Andromache copper-gold prospect, backed by a $150,000 government grant, aiming to reveal deeper copper sulphide mineralisation and advance its Dittmer Project exploration.

Marvel Gold Limited has secured all Tanzanian government approvals to complete its acquisition of Cobra Resources and is set to begin exploration at the Hanang Gold Project, a promising site in Tanzania's Iramba-Sekenke Greenstone Belt.

Strata Minerals has initiated its inaugural diamond drilling program at the Penny South Gold Project in Western Australia, supported by a co-funded deep drill hole from the WA Government. This marks a pivotal step in exploring extensions of gold mineralisation near the high-grade Penny Mine.

Altitude Minerals has identified significant concentrations of zircon and titanium minerals in new samples from its EL7071 tenement in South Australia's Eromanga Basin, setting the stage for a planned drilling campaign in September 2025.

Duketon Mining’s inaugural drilling at the Killarney Gold Project reveals promising high-grade gold intercepts, setting the stage for further exploration and potential resource growth.

FMR Resources has refined a significant copper porphyry drill target at its Southern Porphyry prospect in Chile, setting the stage for Phase I drilling early in Q4 2025. Integrated geophysical data and historic drillhole analysis underpin this high-priority exploration push.

Summit Minerals reports promising initial soil sampling results at its Equador Project in Brazil, revealing a 4km-plus geochemical anomaly and a newly discovered niobium-tantalum bearing pegmatite outcrop. These findings validate and extend the company’s ‘Fractionated Pegmatite Corridor’ model, setting the stage for targeted drilling and further metallurgical testing.

Fortescue has approved a $3 million exploration budget for Strategic Energy Resources’ Canobie Project, setting the stage for a significant diamond drilling campaign targeting copper-gold mineralisation in northwest Queensland.