Latest Drill Targets News

Mammoth Minerals has intersected a fresh high-grade gold zone over 700 metres from its historic Buster Gold Mine in Nevada, expanding the Excelsior Project's mineral footprint. Concurrent surface sampling at the Blue Dick Prospect confirms extensive silver and gold mineralisation, underpinning a robust drilling campaign across multiple targets.

Red Mountain Mining has kicked off its first reverse circulation drilling campaign at the Armidale Antimony-Gold Project in NSW, aiming to test high-grade orogenic antimony-gold mineralisation at the Oaky Creek prospect. Seventeen holes are planned over three weeks, with assay results expected next quarter.

Argent Minerals has secured regulatory approval to launch its first-ever drilling program at the Trunkey Creek Gold Project in NSW, targeting a 4.7km high-grade gold corridor. The initial 1,000m Phase 1 campaign aims to test priority underground targets beneath historic workings.

MGX Resources and Tanami Gold have contracted Macmahon Underground for a $38 million build of a 3.5km underground decline at Groundrush, aiming to upgrade 400,000 ounces of inferred gold resources and push the Central Tanami Project towards a 2027 development decision.

Encounter Resources has appointed Simon Hay as Non-Executive Chairman and promoted Will Robinson to Managing Director/CEO, aligning leadership with its expanding niobium and copper-gold projects. The company’s Aileron niobium resource surged 54% in 2026, underpinning development ambitions.

Infini Resources is ramping up its exploration at the Portland Creek Uranium Project with a major 5,000-meter diamond drilling program, backed by new geophysical insights revealing a large hydrothermal system.

Wildcat Resources has delivered robust lithium assay results from its Bolt Cutter Central discovery and Tabba Tabba project, while tripling its exploration strike length through a strategic tenement rights acquisition.

Moonlight Resources Ltd (ASX: ML8) completed its first year as a listed entity, rapidly expanding its gold and copper exploration at the Clermont Project in Queensland. The company reported a net loss of $1.98 million for FY2026, reflecting active exploration and corporate growth following its December 2025 IPO.

Cygnus Metals has reported significant drilling results at its Copper Rand and Gwillim prospects in Quebec, highlighting potential resource growth near a historic mine and confirming gold mineralisation across all Gwillim holes.

Bass Oil’s Bunian 6 well has met expectations by intersecting oil in key reservoirs, aiming to boost Indonesian production from 250 to 750 barrels per day. The well is expected to come online in early September, marking a significant step in the company’s growth strategy.

Manhattan Gold Corporation’s latest drilling at the Jaws target within the Hook Lake Project delivers multiple broad gold intercepts with improved grades and thickness over historic data, extending mineralisation over 150 metres southwest and confirming significant upside potential.

Taiton Resources has secured a farm-in agreement over EL 6468, significantly enlarging its Challenger West gold-copper project in South Australia. Historic drilling highlights shallow, high-grade mineralisation, while new soil sampling aims to sharpen upcoming drill targets.