Latest Drilling Campaign News

Falcon Metals has started its first-ever drilling at the Olsen Well gold target in Western Australia, expanding the campaign to approximately 6,000 metres after a recent capital raising. The program will test the central portion of a 5.8-kilometre gold-in-soil anomaly supported by rock-chip results of up to 6.42 grams per tonne gold.

Jindalee Lithium is moving crews onto its McDermitt project in Oregon, with Phase 1 drilling of up to 100 sites scheduled to begin in late September. Its proposed US Elemental Nasdaq listing remains targeted for the fourth quarter, although the planned US$20 million to US$30 million PIPE financing is not yet binding.

OD6 Metals has submitted a Plan of Operations covering up to 139 drill pads and bulk sampling at its Quinn Fluorspar Project in Nevada. The application moves the project towards its first systematic drilling campaign, but approval from the U.S. Forest Service remains outstanding.

Everest Metals has started a 6,000-metre drilling campaign at Revere while commissioning a Scoping Study targeted for March quarter 2027. A separate $150,000 cash and share transaction would lift EMC’s stated joint venture interest to 56% and halve a royalty burden over selected tenements.

Cosmo Metals has secured approval for up to 2,200 metres of maiden drilling at the Mona copper-gold-silver prospect in New South Wales. The campaign will test whether striking grades from historic mine dumps reflect concealed sulphide mineralisation below the old workings.

Benz Mining’s quarterly loss widened sharply as exploration spending surged at its Western Australian projects, but a subsequent C$148.02 million placement has given the company substantial funding to accelerate Glenburgh drilling. The project’s 10.1-12.0 million ounce Exploration Target remains conceptual rather than a Mineral Resource.

Prominence Energy has secured an independent resource framework for its Eyre Project, with RISC Advisory estimating 202.8 Bscf of 2U unrisked hydrogen and 9.2 Bscf of helium across 15 leads. The milestone moves the South Australian project towards target selection, potential farm-out discussions and a planned mid-2027 drilling campaign, but the volumes remain undiscovered and highly exploratory.

TechGen Metals has outlined a funded exploration campaign spanning gold, copper and silver targets, with about A$3 million in pro forma cash and several assays due through late 2026. The strongest potential catalyst is John Bull, where step-out drilling could support a maiden Mineral Resource Estimate if results are positive.

Cullen Resources has confirmed shallow gold, silver and copper anomalies at its Lila and Cleanthes prospects in Western Australia, including a 1m result grading 2.42 g/t gold with 2,610 ppm copper. The reconnaissance results support deeper follow-up drilling, but stop well short of defining a mineral resource or economic discovery.

Boab Metals has reported high-grade silver-lead intercepts outside the current Sorby Hills FEED Study pit designs, led by 12.62 metres at 204g/t silver equivalent. The results have pushed the company to extend its growth drilling program as it assesses potential resource, reserve and mine-life additions.

Rumble Resources is preparing three drilling campaigns across Western Australia while an updated Western Queen study approaches its expected late-September release. The programs target resource growth at Wardawarra and Munarra Gully, alongside previously identified gold systems at Thunderstorm.

Resolution Minerals has finished its largest-ever exploration program at the Horse Heaven project in Idaho, drilling 42 diamond holes across 12,236 metres. The work sets up a substantial run of gold, tungsten and multi-element assay results, but the completed program has not yet produced new assay data in this announcement.