Latest Drill Targeting News

Lefroy Exploration has launched its inaugural toll milling campaign at the Lucky Strike Gold Mine, with first gold production expected by mid-February amid strong gold prices. The company is also advancing drilling to expand the mine’s footprint.

Black Cat Syndicate’s latest drilling at Paulsens Gold Operation reveals significant high-grade gold intercepts outside current resource limits, prompting plans to accelerate exploration with a second rig.

Golden Deeps Ltd has intersected strongly mineralised copper-zinc zones below high-grade gossans at its Graceland Prospect in Namibia, revealing promising ‘Tsumeb-type’ sulphide targets. New geophysical surveys have identified multiple chargeability anomalies, setting the stage for deeper drilling campaigns.

Diablo Resources has secured a geophysical contractor to commence an induced polarisation survey at its high-priority Star Range Silver-Antimony Project, while maiden drilling at the Phoenix Copper Project confirms encouraging copper mineralisation.

New Age Exploration’s latest drill assays reveal a promising intrusion-related gold system at the Wagyu Gold Project, expanding the known mineralisation and validating its geological model.

Mithril Silver and Gold Limited confirms extensive high-grade silver and gold mineralisation across multiple targets at its Copalquin project in Mexico, backed by promising drilling results and a comprehensive aerial magnetic survey. The company is gearing up for a major drilling campaign to expand resources and explore new zones.

Lindian Resources has launched a significant Stage 2 drilling program at its Kangankunde Rare Earths Project in Malawi, aiming to upgrade resource confidence and expand production capacity. The initiative targets converting up to 40 million tonnes of inferred resources to indicated status, underpinning plans to increase ore throughput and monazite concentrate output.

Novo Resources has significantly expanded the exploration target at its Belltopper Gold Project in Victoria, incorporating new reef discoveries and extensions that increase potential gold ounces by up to 54%. The company plans drilling in the second half of 2026 to further validate these promising findings.

Grand Gulf Energy’s initial fieldwork at its Dry Wash Antimony Project in Utah reveals visible stibnite mineralisation, hinting at promising shallow deposits linked to nearby known mineral systems.

St Barbara Limited has expanded its Nova Scotia exploration portfolio with 44 new targets near its 15-Mile Processing Hub, aiming to extend the mine life beyond 11 years. The company has acquired 174 exploration licences and plans extensive drilling and sampling in 2026.

Exultant Mining has identified a major multi-element soil anomaly at its Peak View prospect in New South Wales, revealing a 900-metre strike length with strong signatures of copper, lead, zinc, silver, and gold. This discovery sets the stage for targeted geophysical surveys and a drilling campaign planned for late Q1 2026.

Encounter Resources is set to launch a major 2026 exploration program at its Jessica Copper Project in the Northern Territory, partnering with South32 to test multiple high-potential copper targets identified through recent geophysical surveys.