Latest Drilling Assays News

Solstice Minerals has reported outstanding initial assay results from its Phase 1 drilling at the Nanadie Copper-Gold Project in Western Australia, revealing wide zones of high-grade mineralisation that extend beyond the current resource estimate.

Redcastle Resources has confirmed a broad, low-grade gold mineralised system at Morgan’s Castle East, with potential for higher-grade zones. Meanwhile, drilling at Sligo identified a promising aquifer that could support future mining operations.

Kingfisher Mining’s December 2025 drilling at the Copper Blow IOCG prospect near Broken Hill confirms strong, continuous high-grade copper-gold mineralisation, setting the stage for a maiden resource estimate.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Enterprise Metals has completed a targeted drilling campaign at its Cuddingwarra North rare earth prospect, delivering 906 metres of samples now awaiting assay results. The program aims to unlock the potential of this strategically located tenement adjacent to Victory Metals’ resource.

Alchemy Resources reported strong exploration progress in lithium, iron ore, and base metals across Western Australia and New South Wales, highlighted by promising drill results and strategic joint ventures.

PolarX Limited reported steady progress in its Nevada and Alaska exploration projects during the December 2025 quarter, with key drilling programs completed and a significant joint venture funding milestone achieved with Northern Star Resources.

Kaili Resources has reported promising rare earth element assay results from its South Australian tenements and launched a new focused drilling campaign at the Mallee Project, signalling a step forward in its exploration ambitions.

Torque Metals reports significant high-grade gold discoveries extending beyond current resources at its Paris Gold Project, backed by a $15 million placement that leaves the company well-funded for aggressive drilling in 2026.

Dart Mining has declared a substantial Exploration Target at its Triumph Gold Project, alongside promising high-grade assay results from its Coonambula Antimony-Gold Project and an expanded gold zone at New Constitution.

Caprice Resources has reported significant progress in its December 2025 quarter, delivering high-grade gold assay results from its Island Gold Project and expanding its landholding in the Murchison Goldfields through the strategic acquisition of the Comet Gold Project.