Latest Drilling And Development News

FireFly Metals has announced a significant upgrade to its Green Bay Copper-Gold Project resource, alongside a A$139.5 million equity raise to fund ongoing drilling and development. The company is poised for rapid growth in a tier-one mining jurisdiction with strong infrastructure and exploration upside.

Bass Oil’s latest Triassic gas study reveals promising new structural features around the Kiwi gas discovery, suggesting a valuable new commercial hub in the northern Cooper Basin.

Narryer Metals has outlined a substantial Exploration Target for its Rocky Gully Project in Western Australia, highlighting promising grades of scandium, rare earth elements, gallium, and potential titanium co-products. The company is gearing up for a new drilling campaign aimed at defining a maiden resource.

FireFly Metals has announced a substantial 51% increase in its Green Bay Copper-Gold Project Mineral Resource, highlighted by a newly defined high-grade core zone that promises to enhance early project economics.

Beacon Minerals has declared a fully franked dividend of $0.05 per share, reflecting its robust cash position and confidence in ongoing growth projects. The dividend combines a regular and special payout, signalling strong financial health amid advancing operations.

Resources & Energy Group Limited (ASX, REZ) has announced a substantial JORC-compliant exploration target at its Gigante Grande Central Domain, estimating up to 500,000 ounces of gold. An extensive 8,750m drilling program is planned to commence in early 2026 to test and expand this promising resource.

Tivan Limited has initiated a comprehensive program of works at its recently acquired Molyhil Tungsten-Molybdenum Project, setting the stage for drilling and resource expansion in early 2026.

Manhattan Corporation has reported promising high-grade gold and polymetallic assay results from its Hook Lake Project in Nunavut, Canada, alongside a $2.2 million capital raise to fund upcoming exploration activities.

Rumble Resources has launched a major drilling campaign at its Western Queen project to expand gold and tungsten resources, while advancing underground mining plans and securing $9 million in fresh capital.

GreenTech Metals has identified significant gold mineralisation at its Whundo project, boosting its economic prospects, while defining a large-scale copper-zinc exploration target. Metallurgical testing and mining studies are underway to assess near-term production potential.

Coppermoly Limited reported ongoing exploration activities in Queensland's Mt Isa region with mixed drilling results, while securing a strategic acquisition in Western Australia targeting critical minerals. The company faces a cash outflow of $701,000 but plans further geophysical surveys to refine drilling targets.

Encounter Resources has raised A$25 million through an institutional placement to fast-track its Aileron niobium-REE project and expand copper exploration across Western Australia and the Northern Territory.