Latest Drilling And Development News

Triangle Energy (Global) Limited has amended its quarterly cash flow report to correct key figures while advancing new permits in the Philippines and progressing the transition of its Cliff Head Oil Field to a carbon capture and storage project.

Lincoln Minerals has identified promising new drill targets at its Minbrie Copper-Base Metals Project in South Australia and secured $2.25 million in funding to advance exploration activities.

Hillgrove Resources has accelerated production at its Nugent centre ahead of schedule, driving an 8% rise in copper output and reducing costs. A $28 million capital raise will fund further development and exploration, underpinning growth prospects.

New Frontier Minerals reports significant progress in its Harts Range and NWQ Copper projects, revealing new heavy rare earth prospects and promising copper recovery results that could accelerate production timelines.

FireFly Metals has reported a major breakthrough at its Green Bay Copper-Gold Project in Canada, revealing an extensive 800-metre-long core of exceptionally high-grade mineralisation. This discovery is set to significantly influence the upcoming Mineral Resource Estimate and economic assessments.

Caspin Resources has announced a maiden inferred tin resource at its Kelpie Deposit within the Bygoo Tin Project, alongside securing an option to earn 80% of the promising Weethalle Gold Project. A recent $4.6 million capital raise positions the company well for upcoming exploration.

Accelerate Resources has secured an earn-in agreement to acquire up to 80% of the Iron Bound prospect, expanding its Balagundi Gold Project near Kalgoorlie with granted mining tenure and historic gold workings.

Australis Oil & Gas reported a modest dip in production volumes for Q3 2025 but offset this with higher realised oil prices and disciplined cost management. The company remains focused on securing a development partner to unlock the full potential of its Tuscaloosa Marine Shale assets.

Tesoro Gold reports significant high-grade gold intercepts from its ongoing drilling programs at the El Zorro Gold Project in Chile, reinforcing resource growth and project advancement.

Ballard Mining’s September quarter report highlights promising drilling results at its Mt Ida Gold Project and secures final approvals for a 2.0 Mtpa processing plant, underpinning its development ambitions.

Clara Resources Australia Limited has announced a fully underwritten entitlement offer to raise approximately $1.27 million, aimed at funding drilling and development activities at its Ashford Coking Coal project. The offer follows a recent placement and includes a shortfall facility for eligible shareholders.

Flynn Gold Limited has reported significant progress in its Tasmanian gold exploration projects, including new high-grade gold discoveries and a successful $5 million capital raise to fund further drilling and development.