Latest Drill Targeting News

Tesoro Gold has reported standout deep drilling results at its Ternera Deposit, confirming mineralisation well beyond previous open pit limits, while fast-tracking its El Zorro project into a Definitive Feasibility Study aiming for completion by year-end.

Southern Hemisphere Mining has completed Phase I drilling at its Southern Porphyry target in Chile, confirming a large hydrothermal system and delivering encouraging assay results. The company is gearing up for Phase II drilling targeting the elusive high-grade core.

Voltaic Strategic Resources (ASX:VSR) closed March 2026 with a robust A$9.3 million cash and securities position, progressing drill-ready gold targets at Meekatharra and refining rare earth and lithium prospects across Western Australia. The company’s strategic acquisition adjacent to its Ti Tree Lithium Project signals intent to consolidate its position in a burgeoning lithium corridor.

Barton Gold has launched a ~3,000m diamond drilling campaign at its Tunkillia project, aiming to upgrade resources and support a Mining Lease application by the end of 2026. The project builds on a strong May 2025 study projecting robust returns amid rising gold and silver prices.

Litchfield Minerals has completed a 3,000m drilling campaign at Oonagalabi with assay results due in May, while surface sampling at Silver Valley reveals exceptional silver and lead grades, highlighting promising polymetallic mineralisation.

Locksley Resources has kicked off maiden diamond drilling at its Desert Antimony Mine and El Campo Rare Earth Element Prospect, alongside producing 99.5% purity antimony trioxide, reinforcing its push for a US domestic critical minerals supply chain.

Siren Gold continues its push to upgrade the Sams Creek gold resource with ongoing drilling and a mining permit application nearing decision. Meanwhile, exploration at Queen Charlotte reveals extensive high-grade gold and antimony mineralisation, underpinning the company’s strategic growth in New Zealand’s critical minerals sector.

Nelson Resources has initiated rehabilitation at the Orleans Mine within its Gold Point Project, setting the stage for a maiden underground drilling campaign in Q3 2026 aimed at unlocking high-grade gold-silver veins.

Black Horse Mining has delivered compelling early assay results from its maiden drilling program at Mt Egerton, confirming near-surface, high-grade gold mineralisation and setting the stage for deeper exploration.

Lefroy Exploration (ASX: LEX) is launching a focused 4,000m drilling program at its Mt Martin Gold Project to expand its 439,000-ounce resource, alongside an imminent Mineral Resource Estimate update reflecting stronger gold prices and revised economics.

Bubalus Resources reports encouraging gold intercepts from maiden Avon Plains drilling while streamlining its portfolio to prioritise Victorian assets and critical minerals projects. The company maintains a solid $3 million cash buffer amid cost cuts and plans multiple exploration campaigns in the coming quarters.

Deep Yellow Limited’s latest drilling at Namibia’s Tinkas Prospect confirms substantial uranium mineralisation, while a seismic survey in Australia’s Alligator River Project sharpens drill targeting for 2026.