Latest Drilling And Development News

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.

FireFly Metals has reported exceptional drilling results at its Green Bay Copper-Gold Project, extending known mineralisation by over 650 metres and progressing key studies for an upscaled production restart.

Ballard Mining has raised $20.6 million through a premium share placement led by new strategic investor Aurenne Group Holdings, aiming to accelerate exploration and resource growth at its Mt Ida Gold Project. A new, substantial October 2025 Exploration Target highlights significant upside beyond the existing mineral resources.

Yandal Resources has confirmed a significant new gold discovery at its Arrakis prospect, supported by strong drilling results, and secured $13.5 million in fresh capital to fast-track exploration across key projects.

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.