Latest Drill Targeting News

Sarama Resources has offloaded its Cosmo and Mt Venn gold projects to Riedel Resources, securing a substantial equity stake while progressing a US$242 million arbitration claim against Burkina Faso.

Eminence Minerals is ramping up its Campo Grande drilling campaign in Brazil, adding two fresh high-priority targets to test rare earth and bauxite-gallium mineralisation models, while awaiting assay results from earlier drilling phases.

GBM Resources has validated a major extension of the gold-bearing Milled Matrix Breccia horizon well beyond the existing 309 deposit at Twin Hills, Queensland, reshaping the project’s exploration potential.

Accelerate Resources has identified over 200 manganese outcrops spanning nearly 10 hectares at its Woodie Woodie North Project, with rock-chip assays hitting up to 58.4% manganese. The company is gearing up for its maiden reverse circulation drilling campaign in September 2026.

Avira Resources has confirmed strong high-grade gold mineralisation continuing at depth at its Mt Cattlin Gold Project in Western Australia, with standout assay results from its maiden RC drilling program at Maori Queen. The company plans further drilling to test extensions and new prospects from September 2026.

Unity Metals has pinpointed a major magnetic intrusion beneath Rohav Mountain that may drive its gold system, with new geophysical targets set for drilling in late 2026.

Adavale Resources' latest assays from five drill holes reveal consistent, wide gold mineralisation beneath the London-Victoria open pit, reinforcing expectations for a resource upgrade this quarter.

White Cliff Minerals has extended its high-grade copper-silver mineralisation at the Danvers 3 system to over 280 metres vertical depth, underpinning a large and vertically continuous copper system at its Rae Copper Project.

Corazon Mining (ASX:CZN) has kicked off a 2,000m reverse circulation drilling program at its Wembley gold prospect within the Feather Cap Project, aiming to test the continuity of historically high-grade, shallow gold mineralisation and explore a broader structural corridor in Western Australia’s Bryah-Padbury Basin.

Liberty Metals has locked in a four-year option to acquire a dominant 180km2 land package in Guyana’s rapidly consolidating Oko gold district, backed by a A$5 million placement to fund exploration.

Stelar Metals has reported exceptional high-grade tungsten assays from Phase 2 sampling at Hill of Leaders, with grades up to 15.7% WO3 extending mineralisation beyond previous footprints. The company is gearing up for its first 3,000m reverse circulation drilling program amid strong market conditions for tungsten.

Estrella Resources has identified multiple high-conductivity anomalies at its Ira Miri project via a novel UAV geophysical survey, prompting plans for the deepest mineral exploration drilling ever in Timor-Leste starting September 2026.