Latest Drill Targets News

Ballymore Resources has confirmed further high-grade silver-lead-zinc-indium mineralisation at its Torpy's discovery in North Queensland, extending mineralisation closer to surface and supporting an emerging high-grade shoot model.

Arcadia Minerals has identified multiple promising drill targets at its Tantalite Valley Complex in Namibia, leveraging historical data and new geological modelling. Scout diamond drilling is planned, pending funding, to test these ultramafic-hosted targets with nickel, copper, PGE, lithium, and tantalum potential.

OD6 Metals has completed its acquisition of the Quinn Fluorspar Project, consolidating 100% ownership of 226 mining claims in Nevada and positioning itself as a potential key domestic fluorspar supplier for the US.

Stelar Metals has raised A$2.6 million through a discounted placement to fund its maiden bedrock drilling at the Hill of Leaders Tungsten Project, aiming to test a historically unexplored system amid tight global tungsten supply.

Moonlight Resources has kicked off its first reverse circulation drilling campaign at Peak Downs in central Queensland, aiming to validate historic high-grade copper mineralisation and unlock the potential of a largely underexplored system.

Infinity Metals has locked in an exclusive option to acquire 100% of the Tule Canyon molybdenum-copper project in Nevada, tapping into a critical minerals asset with strong historical data and strategic positioning amid soaring molybdenum prices.

Bindi Metals has signed a binding agreement to divest its Biloela copper-gold project in Queensland to Jacaranda Natural Resources, retaining a 2% royalty and milestone-based equity. The sale will free up resources to focus on its Ravni Gold Project in Serbia, pending shareholder approval.

MB Gold’s recent Dipole Dipole Induced Polarisation survey at Marble Bar reveals several new chargeability anomalies, highlighting untested targets beneath existing prospects and setting the stage for deeper drilling.

Catalina Resources has completed a major soil sampling program at Kirkalocka, collecting around 1,500 samples to sharpen drill targets ahead of a scheduled heritage survey and maiden drilling campaign.

Torque Metals has hit fresh high-grade gold mineralisation outside existing resource boundaries at its Paris Gold Project in WA, signalling strong potential for resource growth.

Olympio Metals has reported a standout 5m intercept averaging 4.54 g/t gold, including a 0.75m section hitting 24.3 g/t, from its latest drilling at the Bousquet Gold Project in Quebec. This result reinforces the strike orientation of the main lode and sets the stage for further exploration.

Patronus Resources (ASX:PTN) is executing a major 30,000-metre multi-rig drilling campaign at its Pine Creek gold project, underpinning a 2.3 million ounce gold equivalent resource across its Northern Territory and Western Australia assets, supported by a robust $65 million cash position.