Latest Drilling Campaign News

Condor Energy has unveiled a significant upgrade to its offshore Peru portfolio with the addition of the Raya West prospect, pushing the Greater Raya area’s prospective oil resources beyond 900 million barrels. This milestone enhances Condor’s position as a major player in the Tumbes Basin exploration landscape.

Dreadnought Resources has reported significant high-grade gold intercepts from its first drilling campaign along the Minga Bar shear zone at the Mangaroon Gold Project, highlighting a major new corridor of opportunity. Follow-up drilling is planned to systematically explore this extensive structure.

Catalina Resources has appointed Core Drilling Pty Ltd to commence a 3,000-metre RC drilling program at its Breakaway Dam Copper VMS Project, aiming to expand on recent promising copper sulphide discoveries in Western Australia.

Auravelle Metals has identified numerous new gold and silver anomalies at its Nuckulla Hill and Tunkillia North projects through an extensive soil sampling program, setting the stage for a series of follow-up drilling campaigns.

GoldArc Resources kicks off 2026 with promising exploration results at its Leonora North Gold Project, revealing two new high-priority gold anomalies and planning extensive drilling programs to expand its resource base.

North Stawell Minerals has extended gold mineralisation at its Darlington West target, confirming promising grades and validating its predictive modelling approach. The results open new avenues for exploration across its extensive tenement package.

Rumble Resources has completed its full acquisition of the Thunderstorm Gold Project in Western Australia, consolidating control over promising high-grade gold prospects at Gazelle and Pion. A major drilling campaign is set to follow after heritage clearances in early 2026.

Kali Metals has raised $7 million through a share placement to fund further exploration at its promising Marble Bar Gold Project and lithium assets in Higginsville. The capital injection underscores investor confidence in the company’s growth strategy.

Rapid Critical Metals has reported additional bonanza-grade silver intercepts from its latest drilling at the Webbs Silver Project, reinforcing the presence of multiple high-grade mineralised structures and promising exploration upside.

Flagship Minerals’ ASTER remote sensing survey at the Pantanillo Gold Project reveals extensive alteration zones indicative of large-scale epithermal-porphyry gold systems, setting the stage for a significant resource upgrade.

Cosmo Metals has secured $1.55 million through a fully underwritten entitlement offer to fund near-term drilling at its Kanowna Gold Project in WA and the Bingara and Nundle projects in NSW. The capital raise includes free attaching options, with strong backing from major shareholders and management.

Elixir Energy has reached 2,320 metres in the Lorelle-3 appraisal well and is preparing to drill the reservoir section targeting the Dunk member of the Tinowon Sandstone, with flow testing planned before mid-2026.