Latest Drill Targeting News

Bindi Metals progresses its Lisa Project application with Serbia’s Ministry while identifying promising gold and antimony drill targets, maintaining a solid cash position of $1.734 million.

Verity Resources reports significant progress at its Monument Gold Project in Western Australia, confirming a 1.1km gold mineralised strike at Fred’s Well and initiating steps to upgrade its resource base. The company also raised $308k via placement and launched a $1.1 million renounceable rights issue to fund further exploration.

Southern Hemisphere Mining has extended the strike of its Cerro-Ferro copper system by 15% to 2.2km and confirmed strong geophysical correlations at Llahuin, setting the stage for deep drilling to test new targets.

Ausmon Resources advances its rare earth and base metals exploration with new drilling approvals in South Australia and promising zinc assay results near Broken Hill, underpinning its strategic focus on high-value mineral targets.

Somerset Minerals advances its strategic acquisition of the Coppermine Project in Nunavut, identifying multiple drill-ready copper anomalies and securing $2.39 million to fund maiden exploration.

Rincon Resources has reported a maiden mineral resource estimate at its South Telfer Gold-Copper Project, alongside advancing exploration plans at Laverton with new drilling preparations underway.

Manhattan Corporation reports strong exploration progress at its Tibooburra Gold and Chebogue Lithium projects, backed by a solid cash position and no debt.

EMU NL's latest quarterly report reveals promising copper exploration parallels with Canada’s Highland Valley mine and renewed gold project interest, alongside significant management changes and a pending shareholder showdown.

Mantle Minerals has identified four promising new drill targets at its Mount Berghaus project following a high-resolution gravity survey, while seeking government co-funding to advance exploration.

Heavy Rare Earths Limited (ASX:HRE) has expanded its uranium exploration footprint through a significant asset acquisition in South Australia and advanced geophysical surveys, positioning itself for targeted drilling in 2025.

Albion Resources has made significant strides at its newly acquired Yandal West Project, identifying seven key geophysical targets and gearing up for a mid-year drill campaign under new CEO Peter Goh.

Premier1 Lithium has completed its first significant drilling campaign at the Yalgoo Gold Project in decades, confirming strong gold prospectivity with high-grade rock chip results and identifying new targets at Abbotts North.