Latest Drilling Approvals News

Tivan Limited has formalised binding joint venture agreements with Timor-Leste’s state-owned Murak Rai Timor to develop the Baucau and Ossu copper-gold projects, targeting maiden drilling at Ossu in late 2026.

Rapid Critical Metals has kicked off drilling at its flagship Webbs Silver Project in New South Wales while securing additional prospective ground through a new exploration licence application, aiming to grow its district-scale silver portfolio.

Legacy Minerals has delivered a robust Scoping Study for its Mt Carrington gold-silver-copper project, confirming a high-margin 12-year operation with significant growth potential and manageable capital requirements.

Terrain Minerals is progressing steadily towards a maiden Mineral Resource Estimate (MRE) for its Lightning Gold Project, targeting July 2026. Key technical and regulatory milestones are being ticked off, underpinning the project’s transition from exploration to resource definition.

Stelar Metals (ASX:SLB) is accelerating exploration at its Hill of Leaders Tungsten Project in the Northern Territory, aiming to capitalise on soaring tungsten prices and critical mineral demand driven by Chinese export restrictions.

Cazaly Resources has delivered upgraded assay results confirming high-grade gold mineralisation extending beyond 200m depth at the Goongarrie Gold Project, with multiple shoots open at depth and along strike.

TG Metals is accelerating development at its Lake Johnston Lithium Project amid improved lithium prices, with mining lease applications and resource drilling approvals underway for the Burmeister deposit.

Strickland Metals (ASX:STK) has confirmed no hidden material information explains recent share price swings, attributing volatility to regulatory delays in Serbia and broader gold sector weakness.

Miramar Resources has kicked off auger drilling at its Chain Pool Project in Western Australia, targeting high-grade copper-lead-silver mineralisation at the historically significant Joy Helen prospect. The program aims to define the extent of SEDEX-style mineralisation over a 300m strike with potential for extensions and parallel zones.

Legacy Minerals leverages AI to pinpoint 38 new gold-silver-copper targets at Mt Carrington, advancing exploration beyond its 115Moz silver equivalent resource with imminent drilling at Emu Prospect.

Red Mountain Mining has gained NSW Resources Regulator approval for a 32-hole reverse circulation drilling program at its Oaky Creek Antimony-Gold Project, targeting a significant 3km strike of orogenic mineralisation. An orientation Induced Polarisation survey has been completed to refine drill targeting, with results expected soon.

Legacy Minerals has received NSW Government approvals for an 8,000m diamond drilling campaign at its Mt Carrington Project, targeting promising extensions at Mascotte and first-ever modern testing at the Emu copper-gold prospect.