Latest Drill Targeting News

Clara Resources has compiled a comprehensive digital geochemistry database from 1980s exploration data, revealing a large-scale gold system at its Mareeba Gold Project in Queensland and setting the stage for maiden drilling in H2 2026.

CGN Resources has completed a crucial heritage survey at its Christmas Well gold project, enabling the start of maiden reverse circulation drilling in May across five priority targets. The project hosts multiple promising gold prospects supported by geological and historical data within a prolific gold belt.

Omnia Metals has made a decisive entry into the US critical minerals market by acquiring the Stibnite Ridge antimony and silver project and staking the Radix rare earth and gallium project in Montana, backed by a $1.5 million capital raise.

EV Resources has confirmed a large-scale, shallow carbonate replacement deposit (CRD) antimony system at its Los Lirios project in Mexico, with 10 of 11 drill holes intersecting the mineralised limestone unit. The system extends over a 400m strike and remains open in multiple directions, advancing the company towards a maiden JORC resource estimate.

Iceni Gold’s initial RC drilling at Goose Well confirms historic gold mineralisation and reveals a major fault structure that could unlock broader potential. Diamond drilling is set to refine the geological picture and target high-grade shoots.

Wildcat Resources (ASX: WC8) has expanded its Bolt Cutter Central lithium discovery footprint beyond 2.3km with multiple high-grade spodumene intercepts, while advancing the Definitive Feasibility Study for its Tabba Tabba Project. The company maintains a strong cash position of A$43.3 million as it prepares for further drilling and development milestones.

AusQuest gears up for maiden drilling at two promising copper-gold prospects in Peru, aiming to build on the momentum from its Cangallo discovery. Over 8,000 metres of Reverse Circulation drilling are set to test high-priority IOCG and porphyry targets starting Q2 2026.

Catalina Resources has kicked off a systematic soil sampling program at its Beasley Creek Project in WA, targeting expansion of a copper-gold volcanic-hydrothermal system at the Flamingo target. The move positions the project closer to drill-ready status amid ongoing heritage and funding progress.

FIN Resources has validated a substantial sulphide-bearing banded iron formation at its Cabin Lake project, with three drillholes revealing approximately 114 metres of mineralisation. Early drilling at the Beaver Prospect shows promise as the company advances an integrated geophysical and drilling campaign.

OD6 Metals has revealed exceptional channel sampling results from its Horseshoe Prospect within the Quinn Fluorspar Project, confirming extensive ultra-high-grade fluorspar mineralisation with grades peaking at 82% CaF2. These findings underscore the project's potential for direct shipping ore and acid-grade fluorspar production.

Aurum Resources has consolidated a 4.2 million ounce gold resource across its Boundiali and Napié projects in Côte d’Ivoire, progressing a central processing hub and expanding drilling programs as it targets development milestones in 2026.

Corazon Mining has pinpointed two fresh drill-ready gold targets at its Feather Cap project in Western Australia, leveraging historical data to reveal a large untested anomaly and promising shallow intercepts near established deposits.