Latest Drill Targeting News

Iceni Gold Limited reported a busy December quarter focused on advancing diamond drilling at its 14 Mile Well and Welcome Creek projects in Western Australia, with assay results expected soon and a cash position of $1.53 million.

Somerset Minerals has secured $3.7 million to accelerate exploration at its Coppermine Project in Nunavut, revealing promising high-grade copper mineralisation over a 7 km fault zone at Jura North. Extensive regional surveys aim to uncover further discoveries across its vast landholding.

Alchemy Resources reported strong exploration progress in lithium, iron ore, and base metals across Western Australia and New South Wales, highlighted by promising drill results and strategic joint ventures.

Altair Minerals has raised $13 million to fund a major drilling campaign at its Greater Oko Project in Guyana, aiming to explore one of the world's most promising and consolidated gold belts.

PolarX Limited reported steady progress in its Nevada and Alaska exploration projects during the December 2025 quarter, with key drilling programs completed and a significant joint venture funding milestone achieved with Northern Star Resources.

Hawk Resources has kicked off drilling at its Cactus copper-gold project in Utah, targeting a significant geophysical anomaly extension, while advancing access negotiations for its promising Olympus scandium project in Western Australia.

Golden Deeps Ltd reports outstanding high-grade copper, silver, and critical metals results from its Central Otavi Project in Namibia, alongside a $3.54 million capital raise to fund ongoing exploration.

Alicanto Minerals has secured a transformative acquisition of the Mt Henry Gold Project in Western Australia, backed by a $28 million capital raise and a strategic partnership with Westgold. This move sets the stage for a major resource expansion and leadership refresh.

Ragnar Metals has confirmed impressive high-grade gold assays at its Harnäs Gold Project in Sweden, paving the way for maiden diamond drilling in early 2026. Strategic investments in Australian gold producers further bolster its diversified portfolio amid record gold prices.

Zeus Resources has made significant progress in its December quarter activities, advancing trenching at the Casablanca Antimony Project and confirming gold and lithium anomalies at Blue Hill. The company also reported stable cash reserves and key corporate developments following its 2025 AGM.

BMG Resources is advancing its Abercromby and Bullabulling gold projects with a major drilling campaign planned for early 2026, supported by a recent $2.5 million capital raise. The company aims to grow its existing mineral resources and progress towards near-term production.

Aldoro Resources has ramped up its Kameelburg REE-Niobium drilling program with a new rig acquisition and strategic partnerships, while withdrawing a key asset sale to Sultan Resources. Exploration at Omuronga continues to show promise.