Latest Drilling And Assays News

Advance Metals has reported a substantial silver intercept in its maiden diamond drill hole at the Gavilanes Project in Mexico, underlining the potential to upgrade its resource estimate later this year.

Miramar Resources has successfully completed an auger drilling campaign at its Joy Helen prospect, extending known SEDEX-style mineralisation and identifying new structural targets within the Chain Pool project in Western Australia.

Bison Resources has appointed Tim Mackellar as CEO, leveraging his senior mining and capital markets experience to drive exploration and development efforts.

Flynn Gold has ramped up its diamond drilling program at the Firetower Gold-Tungsten Project in northern Tasmania, expanding from three to ten holes totalling 1,600 metres. The move aims to test high-grade extensions and support a maiden Mineral Resource Estimate amid critical mineral supply pressures.

Final assays from drillhole 26LHDD073 at the Southern Porphyry target within the Llahuin Project Joint Venture validate a broad copper-gold-molybdenum mineralised system. Integration of geological and geophysical data aims to pinpoint the higher-grade core ahead of Phase II drilling.

FMR Resources has received final assays from drillhole 26LHDD073 at its Southern Porphyry target, confirming extensive copper-gold-molybdenum mineralisation and supporting the interpretation of a large porphyry system. Ongoing integration of geological and geophysical data aims to refine targets ahead of Phase II drilling.

Haranga Resources has wrapped up its Phase 3 Reverse Circulation drilling at Senegal’s Ibel South, revealing pervasive hydrothermal alteration and pyrite mineralisation consistent with a Birimian-style gold system. Assay results expected by end June will determine the next exploration steps.

Basin Energy’s maiden drilling at Newmans has uncovered thick, shallow, and high-grade rare earth mineralisation, validating a new geological model focused on preserved weathering zones over fertile granites.

Xingye Gold (Hong Kong) Mining Company Limited has launched an off-market takeover offer for all remaining shares in Far East Gold Ltd (ASX:FEG) at $0.13 cash per share, offering shareholders a premium amid stalled projects and funding concerns.

Tivan Limited’s regional stream sediment sampling at Turiscai reveals highly anomalous copper and gold grades, alongside key pathfinder elements, advancing the project towards maiden drilling.

Western Mines Group (ASX:WMG) has reported a broad 230m intersection of nickel sulphide mineralisation at its Mulga Tank Project, including multiple higher-grade zones, as its Phase 5 drilling program overcomes earlier fuel supply issues and gains momentum.

Omnia Metals has identified Beaver Creek within its Montana Radix Project as the key focus for rare earth and niobium exploration, leveraging historical data and planning detailed field validation.