Latest Drill Targeting News

Iltani Resources has intercepted significant lead, zinc, and copper sulphides over a 1,230m strike at its Union Jack Prospect in Northern Queensland, validating geophysical VTEM targets and setting the stage for expanded exploration within the Herberton Project.

Alice Queen has deployed a dual-purpose drill rig to Horn Island, initiating a multi-phase program aimed at expanding its substantial gold resource and exploring new mineralised zones.

MB Gold has kicked off a 6,000-metre Phase 2 RC drilling campaign at its Marble Bar Gold Project, aiming to extend high-grade zones at Twin Veins and test the underexplored Razorback Prospect. Assay results will roll out over the next 6-7 weeks.

Dreadnought Resources has unveiled assay results from nearly 500 air core holes at Illaara, revealing 13 gold mineralised corridors stretching over 40 kilometres. With just 10% of the greenstone belt tested, the company plans infill drilling this August to sharpen targets ahead of more rigorous RC drilling.

BPM Minerals has kicked off a record 20,000m reverse circulation drilling campaign at its Forelands Gold Project in Western Australia, targeting a maiden JORC-compliant resource at Beachcomber and preparing for maiden drilling at Bonnie & Clyde.

Basin Energy has kicked off follow-up drilling at its Newmans rare earth discovery in northwest Queensland, aiming to confirm continuity along a 3.3 km mineralised corridor. Assay results are expected by mid to late September, marking the start of a busy second half of 2026 for the company.

Duketon Mining is ramping up exploration at its Barlee Gold Project with a 1,100-sample UltraFine+® soil program and a follow-up 2,500m RC drilling campaign targeting promising gold prospects.

St Barbara Limited retracts previously released historical surface sample results after ASX consultation, while announcing a significant 64% increase in its Nova Scotia gold exploration budget to A$4.1 million for FY27, alongside a doubling of its exploration team and an ambitious drilling and survey program.

Patriot Resources has expanded its silver-gold footprint in southern Peru by staking the Tassa 5 tenement, increasing its landholding by 50% and pushing the mineralised corridor further south adjacent to its 31.4Moz AgEq inferred resource.

Connected Minerals (ASX:CML) is mobilising a ~6,000m reverse circulation and diamond drilling program at its Bailundo Carbonatite Project in Angola, aiming to define a maiden JORC Mineral Resource for niobium and rare earth elements.

Mount Ridley Mines’ first TIMA automated mineralogy study at Grass Patch reveals rare earth elements are locked in discrete phosphate minerals, supporting flotation as a key beneficiation step ahead of leaching and Phase 1 metallurgical testwork.

Regener8 Resources has agreed to divest its entire Kookynie Gold Project to Goldarc Resources for $2.5 million, combining upfront shares and milestone-based payments, freeing capital to focus on its Bosnia exploration.