Latest Drill Targeting News

Caprice Resources has initiated the air core drilling phase of its fully funded 20,000m Phase 4 campaign at the Island Gold Project, targeting extensions of the Vadrians deposit and new gold-bearing formations. This multi-rig effort aims to advance the project towards a maiden Mineral Resource Estimate amid strong regional gold prospects.

Mithril Silver and Gold Limited has secured an option to acquire the La Dura gold-silver property adjacent to its flagship Copalquin project in Durango, Mexico, setting the stage for expanded exploration and resource growth.

Austin Metals has identified promising new banded iron formation (BIF)-hosted gold targets at its Brunswick Hill Prospect, showing striking geological parallels to Caprice Resources’ high-grade Vadrians Deposit. The company plans targeted drilling in early 2026 to test these high-priority zones within its extensive Austin Gold Project tenure.

EV Resources is advancing its Los Lirios antimony project with drilling set to begin in January 2026 and engineering nearing completion for the Tecomatlán processing plant refurbishment, aiming for production by mid-2026.

Many Peaks Minerals has launched a substantial diamond and RC drilling campaign exceeding 15,000 metres at its Ferké Gold Project in Côte d'Ivoire, aiming to expand known mineralised zones and build on recent high-grade gold discoveries.

Red Mountain Mining has launched an expanded exploration program at its Armidale Antimony-Gold Project, revealing promising visible antimony mineralisation early in the campaign. The company aims to define drill targets for 2026 following extensive soil and auger sampling.

Dart Mining NL reports consistent massive stibnite intersections across a 300m strike at its Coonambula Antimony-Gold Project, advancing drilling efforts and aiming for a JORC-compliant resource. The project’s potential is bolstered by historical and recent high-grade antimony and gold mineralisation.

Cavalier Resources reports significant high-grade gold intercepts from recent drilling at its Crawford Gold Project, reinforcing the potential for expanded mining operations. A revised Pre-Feasibility Study highlights robust economics underpinning the project’s next development phase.

Orange Minerals NL has commenced a 650m diamond drilling program at its Lennon’s Find polymetallic project in Western Australia, targeting a deep geophysical anomaly that could reveal new mineralisation beneath an existing resource.

Koba Resources has reported exceptionally high tin grades up to 21.3% from initial sampling at its Mt Garnet Tin-Tungsten Project, Queensland, confirming a large, underexplored soil anomaly and advancing plans for drilling in early 2026.

Aureka has reported compelling high-grade gold assay results from its ongoing drilling at the Irvine Project in Victoria, revealing a newly identified Resolution Footwall Vein and extending known mineralisation beyond the current resource boundary.

Pursuit Minerals has satisfied all acquisition conditions for the Sascha Marcelina Gold Project in Argentina and is advancing exploration with a focus on high-potential drill targets. Concurrently, the company progresses its Rio Grande Sur Lithium Project feasibility study, positioning itself for dual-commodity growth.