Latest Drilling Assays News

Ragnar Metals has confirmed multiple high-grade gold and silver zones at its Harnäs Project in Sweden, including a promising new target at Silvergruvan. The company is gearing up for a maiden diamond drilling campaign in early 2026 to further explore these discoveries.

Critical Metals Corp has released final results from its 2024 drilling program at the Fjord area of the Tanbreez Rare Earth Project in Greenland, confirming stable rare earth element grades and highlighting strategic metals that reinforce the project’s global significance.

Barton Gold Holdings has reported promising shallow, high-grade gold assay results from its Tunkillia project, reinforcing projections of $1.3 billion operating profit in the first 2.5 years. The company is on track for a resource upgrade and further drilling to refine its development plans.

Locksley Resources has raised A$17 million in an oversubscribed placement led by U.S. institutional investors, accelerating its strategy to develop a domestic supply chain for antimony and rare earths in California.

Trek Metals is accelerating exploration at its Christmas Creek Project in WA following a high-grade manganese discovery with assays up to 58% Mn, backed by awarded geophysical survey contracts and promising gold drill results.

McLaren Minerals Limited has announced a fully underwritten non-renounceable pro-rata entitlement offer to raise approximately $3.6 million, issuing new shares at 1.8 cents each with free-attaching options. The capital raise aims to fund exploration and development activities as the company advances its mining projects.

Terra Metals has confirmed a major new style of mineralisation at its Dante Project, discovering thick titanium–vanadium–copper-cobalt sulfide reefs at the Southwest Prospect. Early drilling assays reveal promising grades and significant cobalt content, hinting at substantial resource expansion potential.

Kula Gold has reported exceptional high-grade gold results from its Mt Palmer project, extending the mineralised strike to 3km and highlighting significant exploration upside. Diamond core assays and further drilling results are eagerly awaited.

Horseshoe Metals has secured mining approval for Direct Shipping Ore operations at its Horseshoe Lights project, complemented by promising drilling assays and strategic funding to accelerate development.

Midas Minerals has achieved a key milestone in acquiring the Otavi Copper Project in Namibia and commenced drilling at the nearby South Otavi Project, backed by a fresh $11.5 million capital raise.

Caprice Resources delivers exceptional high-grade gold results at its Island Gold Project and embarks on a fully funded Phase 4 drilling campaign, while strategically expanding its landholding through the acquisition of the Comet Gold Project.

Blaze Minerals has mobilised drilling at its promising Loulombo Project in the Republic of the Congo, following exceptional base and critical metals sampling. Meanwhile, its Ugandan Ntungamo Project confirms new critical mineral discoveries, underpinning a recent $2.4 million capital raise.