Latest Drill Targeting News

Critical Resources Limited has executed binding agreements to acquire a strategic gold-antimony portfolio in New Zealand’s Otago and Reefton regions, including the drill-ready Cap Burn project near OceanaGold’s Macraes mine. This low-cost entry into a Tier-1 jurisdiction offers promising exploration upside supported by recent geological analogues and regulatory reforms.

Siren Gold Limited has revealed promising high-grade antimony and gold mineralisation at its Langdons Project near Reefton, New Zealand, highlighting significant exploration progress in a historically mined area.

Enova Mining is set to begin maiden diamond drilling at its East Salinas Project in Brazil, targeting promising high-grade rare earth element mineralisation. The campaign aims to test depth continuity along a 4km strike with results expected to shape the project's future.

Golden Deeps Ltd has reported outstanding high-grade copper, zinc, silver, lead, and germanium results from rockchip sampling at its Central Otavi Project in Namibia, revealing mineralisation analogous to the major Tsumeb deposit. Follow-up trenching and geophysical surveys are underway to define drill targets.

Koonenberry Gold has successfully mapped the Sunnyside Shear Zone at its Enmore Gold Project using advanced geophysical surveys, identifying six high-priority drill targets. The company is set to commence a fully funded +10,000m drilling program in late August to test these promising extensions.

Catalina Resources has confirmed significant gold mineralisation at its Yerilgee Project in Western Australia's Central Yilgarn, with rock chip samples returning assays as high as 84 grams per tonne. This initial exploration validates the prospectivity of the underexplored Snowflake Prospect and sets the stage for targeted drilling.

Alara Resources has been awarded a mining license for the Daris 3A5 prospect in Oman, marking a key step in developing its second copper operation in the country. Historical drilling confirms high-grade copper mineralisation, with further exploration and planning underway.

Caprice Resources has confirmed further high-grade gold intercepts and new mineralised zones at its Island Gold Project, extending known mineralisation and boosting confidence ahead of a fully funded Phase 4 drilling campaign.

FMR Resources has completed a joint venture to earn a majority interest in a promising Chilean copper-gold project and raised $2.2 million, positioning itself for drill-ready exploration in late 2025.

Horizon Minerals has executed a binding agreement to acquire the Gordons Dam and adjacent gold projects near its Black Swan processing plant, adding an inferred resource of 20,000 ounces and promising exploration upside.

Albion Resources has reported impressive shallow high-grade gold intercepts at its Collavilla Prospect within the Yandal West Gold Project, reinforcing the potential of this emerging gold system. The results support a geological model linking gold mineralisation to mafic rafts in granite, with further drilling and surveys underway.

Enova Mining has raised $0.85 million to fund a diamond drilling campaign targeting high-grade rare earth elements at its East Salinas Project in Brazil, signaling strong investor confidence and advancing its critical minerals portfolio.