Latest Drill Targeting News

Aurumin Limited has entered a potentially lucrative joint venture with Newcam Minerals for iron ore rights worth up to $7 million, while advancing gold exploration with significant drilling at its Central Sandstone Project.

Core Energy Minerals has raised $3.7 million through a two-tranche share placement, attracting a significant investment from Jose Luis Manzano. The funds will underpin exploration efforts across South Australia, Brazil, and Namibia, positioning the company for growth in tier-one uranium jurisdictions.

Norwest Minerals reports significant silver, lead, zinc, and copper intersections at its West Arunta project, while advancing gold exploration at Bulgera and planning further drilling campaigns.

Legacy Minerals is ramping up exploration across its NSW portfolio, initiating large-scale geophysical surveys and updating mineral resource estimates, setting the stage for significant drilling campaigns in 2025.

3D Energi Limited is progressing rapidly towards its 2025 Otway Exploration Drilling Program, with key preparations underway and regulatory approvals advancing, positioning the company to potentially capitalise on East Coast Australia's critical gas supply shortage.

Rox Resources has advanced its Youanmi Gold Project with a $27 million capital raise and a major drilling campaign, positioning the company for production by late 2025.

Kingfisher Mining has confirmed two new rare earth element lodes and reported exceptional copper assays, bolstering its position in the Gascoyne region amid ongoing strategic diversification.

Kincora Copper Limited has unveiled an updated investor presentation outlining its aggressive push towards Tier-1 copper-gold discoveries, backed by over $60 million in partner funding and ramped-up drilling programs across New South Wales and Mongolia.

Westar Resources reports exceptional gold and silver assay results from its Mindoolah Mining Centre, setting the stage for imminent drilling programs in early 2025. The company maintains a strong cash position while strategically focusing on high-potential projects.

Belararox Limited has initiated a comprehensive six-week field program at its Kalahari Copper Belt Project in Botswana, targeting detailed geological mapping and soil sampling to refine copper exploration targets ahead of planned drilling in mid-2025.

Galileo Mining has identified four new sulphide targets at its Fraser Range Project, setting the stage for drilling in Q2 2025. These targets complement existing prospects and underscore the company’s strategic exploration momentum in Western Australia.

Australian Mines Limited is gearing up to expand its high-grade scandium resource at the Flemington Project with a new drilling program targeting both infill and lateral extensions.