Latest Drilling Campaign News

Metal Bank Limited moves swiftly to expand its Western Australian gold footprint through the acquisition of Hastings Technology Metals’ gold assets and a $2.3 million capital raising aimed at fast-tracking exploration and production.

QPM Energy has reported its first-ever profit alongside a 12.6% revenue increase and significant growth in gas reserves and electricity generation capacity.

FMR Resources has initiated a 4,000-metre maiden diamond drilling program at the Southern Porphyry target within its Llahuin Project joint venture with Southern Hemisphere Mining in Chile. This program aims to validate geophysical models and explore a potentially large porphyry copper system.

Iltani Resources has reported strong assay results from recent drilling at its Orient East project in Queensland, revealing wide zones of high-grade silver-indium mineralisation. A maiden mineral resource estimate is anticipated by mid-October, potentially reshaping the project's development outlook.

Amplitude Energy is expanding its East Coast Supply Project by adding a fourth well at the Nestor prospect and plans a potential restart of the Patricia Baleen field, supported by a $150 million equity raising to fund these growth initiatives.

Loyal Metals reveals a strategic pivot to copper with its Highway Reward mine, tapping into remnant resources and AI-driven exploration to capitalize on soaring commodity prices.

Resources & Energy Group Limited (ASX, REZ) has announced its first inferred mineral resource at the Gigante Grande prospect, part of the East Menzies Gold Project in Western Australia, marking a significant milestone with 40,700 ounces of gold identified within an optimised open pit shell.

Loyal Metals has validated an extensive historical drilling dataset at Queensland's Highway Reward Mine, revealing significant unmined copper-gold mineralisation and setting the stage for a new exploration phase backed by $5.8 million in funding.

Moab Minerals has upgraded its Manyoni Uranium Project resource by 25%, now totaling 27.19 million pounds of U3O8 at 136ppm grade, with promising shallow mineralisation suited for cost-effective strip mining.

FMR Resources has initiated a significant 4,000-metre diamond drilling program at its Southern Porphyry target within the Llahuin Project JV in Chile, aiming to validate a large porphyry copper system. Assay results from the first drillhole are expected within weeks, marking a pivotal step in the company’s exploration journey.

Diablo Resources has wrapped up its maiden drilling at the Phoenix Copper Project in Utah, with assay results pending and plans underway for further exploration at the Fair Dinkum Prospect. The company is also eyeing expansion across the US critical minerals sector amid supportive government initiatives.

Sunshine Metals has completed nine diamond drill holes at its Sybil project’s Francis Creek prospect, intersecting multiple epithermal gold veins with encouraging geological textures. First assay results are expected in early October 2025, potentially shaping the future of this underexplored Queensland gold system.