Latest Drilling And Development News

Green Technology Metals (ASX: GT1) secures a Letter of Interest for up to C$100 million financing from Export Development Canada, underpinning its Seymour Lithium Project and advancing drilling and development across its Ontario lithium hubs.

Advance Metals Limited has significantly expanded its portfolio with binding agreements to acquire high-grade silver and gold projects in Mexico and Australia, setting the stage for an active 2025 exploration campaign.

James Bay Minerals has completed the acquisition of a majority stake in the high-grade Independence Gold Project in Nevada and raised A$6 million to accelerate exploration and development activities.

GTI Energy has reported a significant 50% increase in its Lo Herma uranium resource estimate to 8.57 million pounds eU3O8, alongside an expanded exploration target and a completed $1.6 million rights issue to advance project development.

Premier1 Lithium's latest quarterly report reveals multiple high-grade gold assay results at its Yalgoo Project and a successful $1.5 million capital raise, setting the stage for imminent drilling activities.

Sky Metals has reported strong progress at its Tallebung tin project, completing surface trenching and initiating bulk sampling to validate resource estimates and optimise metallurgical processes. A recent $6 million capital raise will fund expanded drilling and development studies, positioning the company for near-term growth.

Estrella Resources has reported significant manganese discoveries in Timor-Leste, highlighted by exceptional rock chip assays and promising geophysical survey results. The company is advancing towards its first drilling campaign, backed by recent capital raising.

Carnavale Resources has reported significant drilling success at its Kookynie Gold Project, extending known high-grade gold lodes and discovering a new lode, Tiptoe, with promising mineralisation. The company is advancing exploration and development plans while divesting non-core assets to sharpen its focus on gold.

Wia Gold Limited reports strong drilling results at its Kokoseb Gold Project in Namibia and advances exploration in Côte d'Ivoire, backed by a A$30 million capital raise to fund an expanded 2025 development program.

Osmond Resources has reported strong assay results from 27 samples at its Orion EU Critical Minerals Project in Spain, highlighting promising high-grade mineralization and continuity between zones. The company is poised to commence drilling to confirm these findings and accelerate development.

Helios Energy has released an independent Contingent Resource Report confirming substantial recoverable oil, gas, and NGL volumes at its Presidio Project in West Texas, reinforcing its potential as a transformative asset.

Invictus Energy has completed a key legal review and secured $12 million in funding, setting the stage for expanded drilling and development in Zimbabwe's Cabora Bassa Basin.