Latest Drilling Campaign News

Tasman Resources progresses exploration at Lake Torrens and Parkinson Dam projects while managing capital through a recent entitlement offer and loan repayments.

Savannah Goldfields is advancing plans to resume gold production at its Georgetown processing plant and Big Reef mine, capitalizing on gold prices above A$5000 per ounce. The company also unveiled new exploration targets and key executive appointments to drive growth.

AuMEGA Metals has completed a significant diamond drilling program at its Cape Ray Project and expanded its exploration footprint at Bunker Hill, while appointing experienced leaders to drive growth.

Norfolk Metals advances its Carmen Copper Project in Chile with a newly granted drill permit and a firm $3.5 million capital raise, positioning the company for a maiden drilling campaign targeting significant copper mineralisation.

ABx Group Limited reports promising rare earth exploration results in Tasmania, steady progress on its ALCORE fluorine recycling pilot plant, and advancing bauxite mining projects in Queensland and Tasmania, while managing funding challenges.

Great Boulder Resources reports a busy quarter with extensive drilling at Side Well and a robust scoping study at Ironbark, highlighting strong project economics and a recent $12.5 million capital raise.

West Coast Silver has kicked off its inaugural drilling campaign at the Elizabeth Hill Silver Project with extraordinary high-grade silver intercepts, including a peak assay of 15,071 g/t. Backed by a $6 million capital raise, the company is poised to accelerate exploration and resource definition in Western Australia's Pilbara region.

Melbana Energy has commenced continuous oil production from its Amistad-2 well in Cuba, building a significant crude inventory while preparing for further drilling. The company maintains a solid cash position as it markets its Australian offshore assets.

Moho Resources has completed the sale of its Empress Springs Project, securing over $700,000 in cash inflows, while unveiling a significant new gold anomaly at its Silver Swan North Project in Western Australia.

Astute Metals NL has successfully raised $5.5 million through an oversubscribed placement to advance its Nevada lithium and gold projects, including a maiden resource estimate and new drilling campaigns.

PolarX Limited has kicked off its 2025 exploration season at the Alaska Range Copper/Gold Project, backed by a $3 million loan from Northern Star Resources to fund new airborne surveys and upcoming drilling campaigns.

Terra Uranium advances its strategic pivot by acquiring key tin and tungsten assets in NSW while strengthening its uranium portfolio in Canada’s Athabasca Basin. The company raises $864,000 to fund exploration and drilling programs planned for 2025/26.