Latest Drilling Campaign News

Desert Metals Limited has reported compelling high-grade gold results at its King Kong prospect and secured $1.25 million in funding to accelerate exploration in Côte d’Ivoire. The company is gearing up for expanded drilling and sampling programs in 2026.

Redstone Resources has reported significant new high-grade copper intersections at unprecedented depths beneath its Tollu Copper deposit in Western Australia, hinting at a larger magmatic sulphide system. The company also secured government grants and raised capital to advance exploration.

McLaren Minerals has completed a pivotal Pre-Feasibility Study for its McLaren Titanium Project, confirming a large-scale resource and robust economics, while also acquiring a zircon-rich asset to diversify its portfolio.

Invictus Energy has reached a pivotal milestone by finalising the Petroleum Production Sharing Agreement for its Cabora Bassa Project, setting the stage for exploration and appraisal drilling in Zimbabwe in 2026. Meanwhile, the company has ended its strategic partnership with Al Mansour Holdings and is actively pursuing new funding avenues.

Orbminco Limited has completed its acquisition of the Majestic North Gold Project and initiated an infill drilling program to boost resource confidence. The company also refreshed its leadership with new technical and board appointments as it charts a strategic path forward.

Burley Minerals is progressing its Cane Bore Iron Project with planned drilling following heritage surveys, while reviewing its Chubb Lithium Project strategy amid rising lithium prices. The company also relinquished its Yerecoin Iron Project due to legal challenges.

3D Energi has reported significant gas discoveries at Essington-1 and Charlemont-1 wells in the Otway Basin, reinforcing its strategy to supply local gas to Australia's east coast. However, the company faces funding challenges that have led to a temporary trading suspension.

Emperor Energy has appointed Tim Handley as Managing Director and is making significant progress on funding and preparing the Judith-2 appraisal well in the Offshore Gippsland Basin.

American Tungsten & Antimony Ltd (ASX, AT4) has initiated drilling at its Utah antimony project and expanded its Nevada tungsten portfolio, while preparing a spin-out IPO of Australian assets to sharpen its US focus.

Sabre Resources reports significant rare earth, critical metals, and uranium anomalies from its Northern Territory projects, advancing plans for targeted drilling while maintaining a strong cash position.

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.

Enterprise Metals has reported encouraging drilling results from its Vulcan Prospect in Western Australia, revealing significant gold mineralisation and evidence of a substantial copper-zinc-gold system. The findings support ongoing exploration efforts backed by government funding.