Latest Drill Targets News

Skylark Minerals has completed Phase 1 drilling at its M’Basso Prospect, extending gold mineralisation to 750m strike and reporting broad high-grade intersections. The company also secured 100% ownership of the Vavoua Gold Project in Côte d’Ivoire.

Aruma Resources has reported multiple wide, high-grade copper-silver intersections from its maiden diamond drilling at the Tillex Project in Ontario, validating the deposit's scale and continuity. A downhole electromagnetic survey corroborated a strong, continuous conductor, and a 3,600m Phase 2 drilling campaign is now underway targeting extensions.

Cobre Limited’s Sierra Atacama project delivers first consecutive positive operating cash flow months, while a major drilling program and $90 million capital raise set the stage for growth.

Tolu Minerals has reported robust new gold intersections from 17 diamond drill holes at its Tolukuma Gold Mine, bolstering a revised geological model and supporting an updated Mineral Resource Estimate due in August 2026.

Centaurus Metals has made significant strides towards a Final Investment Decision for its Jaguar Nickel Sulphide Project, securing strong debt financing interest, critical infrastructure approvals, and advancing engineering and pre-development works in Brazil.

Stelar Metals has secured environmental approval for its inaugural ~3,000m Reverse Circulation drilling campaign at the Hill of Leaders Tungsten Project, set to begin in August 2026. This marks the first deep drilling beneath a high-grade tungsten system with significant strike and width in the Northern Territory.

New Age Exploration (ASX: NAE) has completed Phase 2 drilling at its Lammerlaw Gold-Antimony Project in New Zealand, revealing a new shear-hosted gold discovery at the Bella Prospect. Concurrently, the company has begun field exploration at its recently acquired Wallah Silver Project in NSW, setting the stage for maiden drilling.

Odyssey Gold’s Stage 1 Scoping Study for Tuckanarra outlines a low-capital, near-term production of 79,000 ounces of gold, backed by a toll milling agreement at Kirkalocka and an updated resource base of 451,000 ounces.

Thor Energy reported a robust cash position of A$2.8 million at June 30, 2026, and confirmed natural hydrogen concentrations up to 3% at its HY-Range Project. The company awarded a fully funded 464 line-kilometre 2D seismic survey to Velseis, marking a key step towards drilling.

Austin Metals has wrapped up a 4,216-metre RC drilling campaign at its Austin Gold Project, testing newly defined BIF-hosted gold targets at Brunswick Hill and Mt Sandy, with assay results still pending.

Lux Copper has completed its first-ever geophysical survey at the Baird Copper Project in Alaska and is mobilizing two diamond drill rigs ahead of a maiden drilling campaign set for mid-August 2026.

Many Peaks Minerals has reported a landmark maiden Mineral Resource Estimate of 1.32 million ounces at its Ferké Gold Project, underpinning an aggressive exploration and development push supported by a A$27.5 million capital raise.