Latest Drilling Assays News

Fulcrum Lithium has completed significant drilling programs at its Alkali Flats and Fairway projects in Nevada, with assay results awaited to determine lithium potential. The company also plans to exit its Summit project, focusing resources on more promising assets.

Somerset Minerals has reported visible copper mineralisation in multiple drill holes across its expansive Coppermine Project in Nunavut, Canada, confirming the district-scale potential of this underexplored copper belt. The company is preparing for a larger Phase-2 exploration campaign as assay results are awaited.

Black Canyon Limited’s June quarter report reveals promising drilling results at its Wandanya Project, confirming extensive high-grade manganese and iron mineralisation with improved metallurgical recoveries and strategic tenement expansions.

Antares Metals has validated new copper mineralisation zones at its Surprise Copper Project through Phase 2 drilling assays, setting the stage for an expanded Phase 3 program. The discovery of extensional targets and a separate mineralised zone at Marvel highlights growing potential in the Mt Isa North Project.

Red Hill Minerals has reported promising new drilling results that expand gold and base metal targets at its West Pilbara project, reinforcing the potential for resource growth.

BMG Resources has addressed ASX concerns over the timing and disclosure of assay results from its Abercromby Gold Project drill program, confirming compliance with listing rules despite delays and data inconsistencies.

Ordell Minerals has reported significant shallow gold mineralisation over a 300m strike length at its McNabs East Prospect within the Barimaia Gold Project, WA, with assays confirming multiple gold intersections near surface. Diamond drilling assays are pending, as the company prepares to restart drilling in August.

Critical Resources Limited has launched a detailed soil-geochemistry survey at its Amoco Gold-Antimony Project in NSW, aiming to sharpen drill targets ahead of planned maiden drilling. Assay results are expected by late August, marking a significant step in advancing exploration within a prolific regional corridor.

Carnaby Resources has reported significant drill assay results from its Trekelano and Mount Hope North prospects, reinforcing the potential of its Greater Duchess Copper Gold Project in Queensland.

Australian Mines Limited has secured earn-in rights to the advanced Boa Vista Gold Project in Brazil’s prolific Tapajós Gold Province, aiming to earn up to an 80% stake through staged exploration and development milestones. The company also announced a $2.5 million capital raising to fund upcoming exploration activities.

BMG Resources has kicked off an extensive drilling campaign at its Bullabulling Gold Project in Western Australia, targeting high-grade gold zones adjacent to a major 2.3 million ounce resource. The program aims to build on promising near-surface discoveries with results expected by early August.

Dynamic Metals has completed a significant soil sampling program at its Courvoisier gold prospect and is progressing drilling permits at Chalice South, reinforcing its exploration momentum in Western Australia’s Widgiemooltha region.