Latest Drill Targeting News

Koba Resources has launched a 2,500m drilling campaign at its Everest Prospect within the Yarramba Uranium Project, aiming to expand on last year’s high-grade uranium discoveries across a 4km strike. Results are anticipated in May as the company targets thicker, higher-grade zones amid a strong uranium market.

Dalaroo Metals has launched trading on the US OTCQB market, broadening its investor reach without diluting shares, while progressing its Greenland rare earth project with promising exploration results.

Infinity Mining (ASX:IMI) has pinpointed significant gold and copper anomalies in the Pilbara, with historic samples hitting 240 g/t gold and 7.8% copper. The company plans surface sampling and drilling this winter, while appointing geologist Steven Wood to its board.

FMR Resources has reported assay results from three diamond drillholes at the Southern Porphyry target within its Chilean Llahuin Project, confirming a large, vertically extensive porphyry-related hydrothermal system. While the causative porphyry core remains untested, elevated gold and molybdenum values suggest proximity, prompting plans for a focused Phase II drill program.

Ragusa Minerals has appointed a new director with North American expertise, is gearing up for geophysical surveys at its Purple Pansy manganese-gold project, and is close to completing its acquisition of Pegasus Tel Inc.

Critical Resources (ASX:CRR) has launched a systematic surface exploration program at the underexplored Corona Pegmatite Field, aiming to expand its Mavis Lake lithium resource in Ontario, Canada. The initiative complements the Gullwing exploration and supports CRR’s vision of developing a multi-deposit lithium district.

Belararox Limited has launched a >1,000 km² airborne electromagnetic survey over its Kalahari Copper Project in Botswana, aiming to unlock new copper targets near MMG’s expanding Khoemacau hub. Diamond drilling is planned for May to follow up on promising geophysical anomalies.

Megado Minerals Limited has secured A$1.65 million through a placement and director subscription to fund drilling and exploration at its Iberian Copper and Alpartir Silver-Copper projects in Northern Spain.

Tivan Limited has reported significant high-grade copper, gold, and cobalt assay results from surface sampling at its Baucau and Ossu Projects in Timor-Leste, reinforcing the projects’ exploration potential and setting the stage for expanded field activities.

Rapid Critical Metals Ltd has acquired an 80% interest in Green Copper Pty Ltd, gaining control of the Tooloom Silver Project in northern New South Wales. The acquisition adds a large, historically productive silver district with multiple high-grade targets, complementing Rapid's existing NSW assets.

Flynn Gold Limited has released initial assay results from its maiden diamond drilling at the Silver King prospect in Tasmania, revealing significant high-grade silver-lead-zinc mineralisation consistent with historical records. Drilling continues along the 1.6km Silver King Mine trend with further results awaited.

Viking Mines Limited has reported successful results from an expanded ground gravity survey at its Linka Tungsten Project in Nevada, identifying numerous new high gravity anomalies that correlate with known mineralisation and concealed targets beneath volcanic cover. These findings support the company’s plan to commence drilling in the June quarter.