Latest Drill Targeting News

Patriot Resources has significantly expanded its footprint in Zambia's Mumbwa copper district, reporting impressive high-grade copper and gold samples and outlining an ambitious exploration program for 2025, contingent on a planned capital raise.

White Energy Company Limited has marked significant progress in its mining exploration and coal technology divisions during the March 2025 quarter, including achieving a key farm-in milestone and raising $3.7 million net from an entitlement offer.

Coppermoly Limited has secured $1.75 million in capital, appointed geologist Dickson Leah as CEO, and uncovered significant magnetic anomalies at its Mt Isa prospects, setting the stage for test drilling in Q2 2025.

Emperor Energy has submitted a key Environmental Plan to NOPSEMA, marking a major step towards drilling the Judith-2 appraisal well in mid-2026 amid tightening east coast gas supply. The company also appointed industry veteran Douglas Jendry as Chairman to steer its next phase.

Lithium Plus Minerals Limited (ASX: LPM) reported significant progress on its Lei Lithium Development with advancing environmental approvals and infrastructure design, while its Wingate Project reveals promising large-scale gold potential. The company maintains a solid cash position of AUD 3.6 million as it prepares for upcoming exploration campaigns.

Zuleika Gold Limited has progressed its exploration strategy with a comprehensive targeting review ahead of planned 2025 drilling, while also securing favorable court rulings in ongoing litigation related to the K2 Project.

Reedy Lagoon Corporation has completed an extensive FineFraction soil sampling program across four gold prospects at Burracoppin, while seeking a farm-in partner for its iron project and maintaining a cautious cash position.

SQX Resources has integrated new drilling data with historical exploration to refine its gold and copper targets at Scrub Paddock and Ollenburgs, while maintaining a solid cash position of $1.64 million.

High-Tech Metals Limited has executed a binding agreement to acquire key gold assets in Western Australia’s Northern Goldfields, underpinning a major 15,000-metre drilling campaign and a $3.5 million capital raise to accelerate exploration and development.

Belararox Limited has made significant progress in its maiden drilling program at the TMT Project in Argentina, revealing promising visual copper mineralisation while maintaining a robust financial position with A$6.8 million cash and zero debt.

Mindax Limited has secured $7.75 million through a share placement and acquired strategic stakes in Doublebell Resource Wealth and Cashmere Iron, advancing its vision to develop the Mid-West region into a major iron ore hub.

Austin Metals Limited has secured $1.25 million through a share placement to fund drilling programs at its Austin Gold and Ashburton Gold-Copper projects, reporting promising high-grade gold intercepts that validate significant mineral potential.