Latest Drill Targets News

FMR Resources reports encouraging assay results from its maiden drill program at the Llahuin JV, revealing extensive copper-gold-molybdenum mineralisation. The company also progresses its acquisition of the La Lorena Project with high-grade rock chip samples and identifies multiple magnetic targets for follow-up.

Prospect Resources has boosted its Mumbezhi Copper Project resource by 20%, notably doubling gold content, while commencing an extensive Phase 3 drilling program aimed at further expansion and upgrading.

DeSoto Resources has launched a 10,000m maiden drilling program at its Timbakouna Gold Project and secured a major new ground package in Guinea’s prolific Siguiri Basin, backed by a strong cash position of A$9.2 million.

OD6 Metals has revealed gold assays up to 6.31g/t at its Quinn Fluorspar Project in Nevada, highlighting a large epithermal mineral system with potential for both epithermal and Carlin-style gold deposits alongside its core fluorspar targets.

Australian Critical Minerals has completed its initial diamond drilling at the Flint Project in Peru, revealing a substantial high-sulphidation hydrothermal system and signs of porphyry-style mineralisation. Assay results from the standout drill hole are awaited, with further drilling planned to explore the system’s broader extent.

Xpedra Resources has confirmed broad, high-grade gold zones extending at depth and along strike at its Springfield Gold Deposit in NSW, following its maiden 27-hole drilling program.

Bison Resources (ASX: BSR) has launched its maiden exploration campaign across four Nevada projects following a $5.5 million IPO, revealing a promising 1.5-kilometre arsenic-antimony anomaly at Bald Peaks indicative of a Carlin-type gold system.

Red Mountain Mining has launched systematic rock chip sampling at its Pioneer Tungsten Project in Montana, aiming to define drill targets after initial assays confirmed tungsten mineralisation comparable to nearby major deposits.

WA1 Resources continues to hit strong niobium grades in infill drilling at its Luni Project, sharpening the focus for early mining years and keeping its Pre-Feasibility Study on track for late 2026.

Vantage Metals (ASX: VAN) has kicked off drilling at its Kalahari Copper Project in Botswana following a comprehensive airborne electromagnetic survey, while high-grade polymetallic assays emerge from its Argentine TMT Project. The company also raised A$6 million from strategic investors and rebranded from BRX to VAN.

Auravelle Metals has pinpointed numerous new gold exploration targets at its Nuckulla Hill project in South Australia, backed by fresh magnetic and soil data. The company also completed soil sampling at its Crown Gold Project in Western Australia and secured a $1.5 million placement to fund upcoming drilling.

Encounter Resources has lifted its Aileron niobium resource by over half, hitting 120 million tonnes with robust metallurgical results, while advancing copper-gold drilling in WA and the NT.