Latest Drill Targeting News

Breakthrough Minerals has delivered promising assay results from its maiden drilling at Barbara, underpinning resource growth potential, while launching a new drilling campaign at Hazel Creek and securing A$5.15 million to fund an expanded exploration push.

Prominence Energy outlines a disciplined, capital-efficient plan to advance its South Australian helium and natural hydrogen projects toward drilling in mid-2027, backed by low-cost exploration and strategic funding options.

Tasman Resources is gearing up for dual drilling campaigns at Lake Torrens and Parkinson Dam, supported by a recent $4 million placement and strategic asset sales.

West Cobar Metals made progress on its Salazar scandium and Cobar West copper projects during the June quarter, while deciding not to proceed with its Baxter Fluorspar acquisition and securing $1.05 million in new funding.

Dalaroo Metals has completed the second tranche of its placement, raising $320,000 with direct investment from its board, boosting total funds raised to $1.75 million. The capital will accelerate exploration at its Côte d’Ivoire gold and Greenland rare earth projects.

MetalsGrove Mining has advanced exploration at its Central West Gold Project, upgrading key drill targets and initiating a major auger drilling campaign following extensive soil sampling and mapping.

Diablo Resources has acquired an 80% stake in the historic Horn Silver Project, complementing its nearby Star Range assets and advancing exploration with a maiden drill program approved.

Nelson Resources has kicked off underground drilling at its high-grade Orleans Mine while advancing rehabilitation at Great Western Mine and securing a strategic tungsten property adjacent to a major US project. Exploration spending reached $794k, supported by a $2.1 million cash buffer.

Evolution Energy Minerals (ASX:EV1) is poised to begin its maiden drilling campaign at the Chikundo Copper Project, while advancing a modular development plan for its Chilalo Graphite Project targeting first production in 2027.

Tarrina Resources has revealed substantial high-grade gold intersections over a strike exceeding 1km at its Christmas Gift project, alongside compelling new copper-gold IOCG targets at Walparuta, signalling expanded exploration potential.

Stelar Metals confirms recent share price and volume spikes are linked to disclosed exploration milestones at its Hill of Leaders Tungsten Project, with no undisclosed information influencing trading.

Manhattan Gold Corporation has kicked off its first modern drilling in over 30 years at Nunavut’s Hook Lake Project, backed by expanded mineral rights and promising high-grade gold assays from surface sampling.