Latest Drill Targeting News

Reedy Lagoon Corporation reports elevated gold assays from surface soil samples at its Windmills prospect, extending the auriferous zone to at least 1,500 metres and reinforcing the gold potential of the Burracoppin Gold project.

Talisman Mining has successfully completed a six-hole drilling program at its Durnings Prospect, intersecting significant copper-gold and base metal mineralisation that confirms a large polymetallic system. Further assays and a new drilling campaign at Durnings East are underway, promising more insights into the project's potential.

ENRG Elements Limited has renewed key uranium exploration permits in Niger and reported outstanding trenching assay results, while securing $2.2 million in new funding to advance its projects.

Caspin Resources has completed its acquisition of the Bygoo Tin Project in NSW and is set to begin a significant drilling campaign, backed by a recent $1.6 million capital raise.

Noble Helium has selected three initial drill sites in its North Rukwa Project in Tanzania, backed by significant helium detections and a flexible funding package including convertible notes and an equity facility. However, drilling has been deferred due to seasonal rains.

Maximus Resources has reported promising assay results from its recent drilling at the Eagles Nest gold deposit, revealing multiple shallow high-grade gold intersections that suggest significant resource expansion potential.

Whitebark Energy moves forward with its bid to acquire King Energy, initiating advanced remote sensing studies to pinpoint hydrogen, helium, and hydrocarbon emissions in South Australia's Officer Basin. These efforts set the stage for targeted geochemical surveys and seismic exploration in 2025.

Conrad Asia Energy reports solid progress in Q4 2024 with finalized gas sales agreements and promising LNG studies, despite delayed final investment decisions due to regulatory approvals.

Barton Gold Holdings reports a robust December quarter marked by a $5 million gold sale, extensive drilling at Tunkillia and Tarcoola projects, and a strong cash position heading into 2025.

Advance Metals has approved an initial diamond drilling program targeting exceptionally high-grade gold zones at its Myrtleford Project, aiming to unlock significant regional potential following a strategic joint venture acquisition.

Andean Silver has revealed exceptional high-grade mineralisation at its Cerro Bayo project in Chile, including the highest silver equivalent grades in 40 years, with a resource update expected in Q1 2025.

Melbana Energy reports steady progress on its Cuban Block 9 project, including an imminent workover of Alameda-2 and upcoming drilling of Amistad-2, supported by a solid cash position of $9.7 million.