Latest Drill Targeting News

Lachlan Star Limited has reported promising extensions of shallow gold mineralisation at its Killaloe Project in Western Australia and completed maiden drilling at its North Cobar Copper-Gold Project in New South Wales, supported by government co-funding and heritage clearances.

Avira Resources has completed its acquisition of the Mt Cattlin Gold Project, validating historical data and advancing plans for a significant drilling program in early 2026, backed by a $2.5 million capital raise.

Toubani Resources has launched its largest-ever drilling program at the Kobada Gold Project in Mali, aiming to significantly grow its resource base with up to 100,000 metres of drilling in 2026. Recent high-grade drill results outside the current resource estimate bolster expectations for a substantial update.

Taruga Minerals has taken a major step forward with a 12-month option to acquire two promising Papua New Guinea projects, backed by a $1.5 million capital raise to accelerate exploration efforts.

Power Minerals Limited is reigniting exploration at its Santa Inés Copper-Gold Project in Argentina, focusing on deep targets suggested by geophysical data beneath promising shallow drill results.

Renegade Exploration has identified a promising new mineralised system at its Yukon Project’s Junction prospect, revealing geochemical signatures akin to major gold deposits in the Tintina Gold Province. This discovery complements its drill-ready Myschka prospect and sets the stage for expanded exploration.

New Age Exploration has wrapped up a significant 40-hole reverse circulation drilling program at its Wagyu Gold Project in Western Australia, with assay results expected in the coming months. The program targeted extensions of high-grade gold mineralisation linked to Hemi-style intrusives near a major gold deposit.

Silver Mines Limited has reported its best-ever drilling results at the Bowdens Silver Project in NSW while navigating a complex regulatory redetermination process. Exploration advances continue across its Australian and US projects, supported by a strong cash position.

Solis Minerals has confirmed extensive copper-gold mineralisation at its Ilo Este and Chancho al Palo projects in Peru, reinforcing the potential for a large-scale porphyry system. The company plans to leverage these results in 3D geological models as it shifts drilling focus to advanced projects amid strong copper prices.

Ronin Resources has advanced its La Punilla gold-silver project in Argentina, securing an additional tenement and planning a significant exploration program including maiden drilling.

Hammer Metals reported steady progress across its Western Australian and Queensland gold and copper projects, highlighted by new drilling completions and a strategic acquisition at Mount Sefton. Assay results from key programs are eagerly awaited as the company strengthens its exploration pipeline.

Pinnacle Minerals has advanced its strategic pivot to North American critical minerals exploration, initiating fieldwork across multiple US projects and securing a strong cash position of approximately A$2.8 million.