Latest Drill Targeting News

Megado Minerals has completed the acquisition of an 80% stake in the Iberian Copper Project in Northern Spain, backed by overwhelming shareholder support. The company is advancing geological mapping and preparing for drilling later this year, while also raising A$780,000 through an institutional placement.

Piche Resources has secured key environmental approvals and completed significant groundwork at its Cerro Chacon Gold Project, while expanding its uranium tenements in Western Australia and planning further drilling at Sierra Cuadrada.

Invictus Energy is preparing to drill the high-impact Musuma-1 exploration well outside its Mukuyu discovery area, while securing National Project Status for its Cabora Bassa Project in Zimbabwe.

TechGen Metals Limited has made significant exploration progress across multiple Australian projects during the June 2025 quarter, with key drilling and geophysical surveys completed and assay results expected soon.

Summit Minerals appoints Dr Matthew Cobb as Managing Director and reports encouraging early metallurgical results from its Equador Niobium Project, underpinning a strategic refocus on its Brazilian exploration portfolio.

Kingfisher Mining has secured a strategic portfolio of copper, gold, silver, lead, and zinc projects across New South Wales, backed by a $1.85 million capital raise to accelerate exploration.

Albion Resources has reported impressive near-surface gold intercepts at its Collavilla Prospect in Western Australia, highlighting a standout 11m at 20.0 g/t gold from just 17m depth. A detailed gravity survey is underway to pinpoint further high-grade targets within the expansive Ives Find granite.

Kali Metals bolsters its Pilbara gold project with new tenement acquisitions and exceptional rock chip assays, setting the stage for its inaugural drilling campaign. The discovery of the Churchill Gold Prospect extends the mineralised corridor to nearly 3km.

Tanami Gold NL has reported promising initial assay results from its latest drilling campaign at the historic Jims Gold Mine, revealing significant gold intercepts that hint at potential resource expansion. Final results from the majority of diamond core samples are still awaited, keeping the market’s attention.

DeSoto Resources has ramped up exploration at its Northern Territory Spectrum Project, deploying a second drill rig and completing a significant deep hole at the Quantum Rare Earth Deposit.

Lanthanein Resources has completed diamond drilling at its Lady Grey Project, reported promising assay results, and launched a $2.4 million capital raising alongside a proposed rebrand to Fortuna Metals.

Zinc of Ireland NL has completed key drilling at its Mt Clere Project in Western Australia, intersecting broad sulphide zones, while refining its zinc-lead portfolio in Ireland with ongoing gravity surveys. The company holds a solid cash position of approximately A$1.25 million as it pursues further exploration and potential acquisitions.