Latest Drill Targeting News

Galilee Energy has confirmed the Zydeco-1 well is drill-ready following enhanced 3D seismic analysis, aiming to tap up to 8 billion cubic feet of gas and 0.5 million barrels of condensate in Louisiana with spudding planned for the second quarter of 2026.

BPM Minerals has resumed exploration at its Forelands Gold Project in WA, launching a 7,500m drilling campaign at Beachcomber and advancing Bonnie & Clyde towards maiden drilling. The project shows strong potential for a Tropicana-style gold discovery.

Caprice Resources has raised $12.74 million in a strongly supported placement to accelerate exploration drilling across its Murchison Gold Projects, positioning the company for a busy period of assay results and new targets.

Western Gold Resources is advancing its Gold Duke Project with a 12,000-metre Life of Mine extension drilling program running alongside Stage 1 production, aiming to boost resources and extend mine life.

DeSoto Resources has identified a substantial 9km-long artisanal gold mining zone at its Koba Project in Guinea’s Siguiri Basin, with high-grade samples up to 15.2g/t Au and ongoing exploration activities underway.

Gateway Mining’s latest magnetic survey at Glenburgh South reveals a continuous 15km prospective gold-bearing trend analogous to Benz Mining’s renowned Glenburgh Gold Deposit, highlighting significant exploration upside in Western Australia’s Gascoyne region.

Dalaroo Metals has confirmed significant high-grade gold mineralisation at its Bondoukou Gold Project in Côte d’Ivoire, with assays reaching 17.95 g/t from artisanal workings. This early success validates the project’s potential within the prolific Birimian Gold Belt and sets the stage for systematic exploration.

Nova Minerals has identified fresh high-grade gold anomalies at its RPM area within Alaska’s Estelle Project, setting the stage for a pivotal 2026 drilling campaign.

Golden Mile Resources has raised $730,000 through a discounted private placement to fund accelerated exploration at its promising Aurora and Yuinmery gold projects.

Kaili Resources has reported promising laboratory assay results from its recent aircore drilling program targeting rare earth elements in South Australia’s Mallee Project. The findings highlight significant Total Rare Earth Oxide concentrations, particularly within the Coodalya tenement, supporting plans for expanded drilling.

Black Bear Minerals has reported significant high-grade silver intercepts outside the existing Mineral Resource Estimate at its Shafter Silver Project in Texas, signalling potential for resource expansion and enhanced polymetallic value.

Australian Critical Minerals has appointed an experienced Peruvian drilling contractor to commence its first diamond drilling campaign at the Flint High-Sulphidation Gold-Silver Project, targeting a large-scale epithermal system in a prolific gold belt.