Latest Drilling And Assays News

Manuka Resources has accelerated its transition to production at the Wonawinta Processing Plant, boosting its silver ore reserve by 28% and gearing up for gold and silver output starting mid-August 2026.

Moonlight Resources has significantly extended the Leo Grande gold system at its Clermont Project, with Phase 2 drilling pushing mineralisation 200 metres southeast and 250 metres northwest. The company holds a solid A$6.1 million cash balance as it advances towards a maiden resource estimate.

Canadian Phosphate Limited has completed its acquisition of the Diamond Mountain Phosphate Project in Utah, adding a significant 49.9 million tonne phosphate resource to its portfolio. The company plans extensive exploration to validate and upgrade the resource to JORC standards, positioning itself for growth in North American fertiliser and battery markets.

Augustus Minerals reported promising gold assay results at its Music Well project, alongside progress in Papua New Guinea exploration and a $2.5 million capital raise featuring Gold Fields’ backing.

Nordic Resources (ASX:NNL) has reported final assays from its 1H 2026 drilling in Finland, revealing record gold grades at Kopsa and significant resource extensions across its key gold projects. Metallurgical testing is underway, with updated resource estimates expected later this year.

Miramar Resources has doubled its gold Exploration Target at the Gidji JV near Kalgoorlie and completed its first drilling program at Chain Pool in over 60 years, while finalising the sale of Randalls Project and securing government grants to fund ongoing exploration.

Koba Resources has completed maiden drilling at its Mt Garnet tin-tungsten prospects and expanded the uranium mineralised strike at Yarramba, setting the stage for significant assay results and follow-up drilling.

Marmota Limited’s maiden drilling program at Greenewood in South Australia delivers multiple bonanza-grade gold intersections, while Stage 3 drilling accelerates resource expansion efforts.

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.

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.

Talonx Resources has confirmed exceptional high-grade gold intercepts at its Viking Gold Project, including 4m at 22.1g/t and 2m at 42.4g/t from drillhole 26VKRC010, with mineralisation open along multiple directions and follow-up drilling scheduled.

Avira Resources has secured critical approvals and made substantial progress in its 4,500-metre RC drilling program at the Mt Cattlin Gold Project, advancing towards a maiden resource estimate targeted for Q4 2026.