Latest Drilling Campaign News

Leeuwin Metals has inked a non-binding MOU with Bain Global Resources and MEGA Resources to explore development, funding, and operational pathways for its 342,300oz Marda Gold Project in WA.

Javelin Minerals has locked in a $1.5 million strategic placement to mining executive David Geraghty at a 9.5% premium to its last share price, boosting exploration funding for key WA gold projects.

Brazilian Rare Earths (ASX: BRE) has identified a sprawling rare earth corridor extending over 9 km south of its Monte Alto Deposit, with surface samples hitting up to 39.6% TREO and drilling confirming high-grade mineralisation from surface to bedrock.

Ballymore Resources has significantly extended its Torpy’s silver-lead-zinc-indium discovery in North Queensland, identifying four new mineralised shoots beyond the historic mine area through recent drilling. With assays pending and multiple targets open, the Ruddygore Project’s potential continues to grow.

Legacy Minerals has kicked off an 8-hole, 4,000m diamond drilling program at its Emu Copper-Gold Prospect, marking the first modern exploration of this historically significant target within the Mt Carrington Project in northern NSW.

Iltani Resources has reported robust assay results from the first seven holes of its 110-hole drill program at the Orient Silver-Indium Project, confirming broad, high-grade mineralisation that underpins Australia’s largest known silver-indium deposit.

Sierra Nevada Gold (ASX: SNX) has appointed Adam Oehlman as CEO to lead its next growth phase, focusing on advancing a three-rig drilling campaign in Saudi Arabia and trial mining in Nevada.

Barton Gold has completed a 3,677m drilling program at its Tolmer Silver discovery, confirming high-grade silver mineralisation with assays exceeding 2,000 gram-metres and producing a concentrate grading over 100,000 g/t Ag without complex processing.

FMR Resources has raised $5 million through a two-tranche placement aimed at accelerating exploration at its La Lorena and Llahuin copper projects in Chile, with participation from major shareholders and new investors.

Adavale Resources has agreed to sell its Marree Embayment uranium licences to Orpheus Uranium for $650,000 cash and 5 million shares, sharpening its focus on a 166,000-ounce gold resource in New South Wales.

Orpheus Uranium has secured a binding agreement to acquire seven exploration licences from Adavale Resources, significantly expanding its Marree Project landholding in South Australia’s Northern Flinders Ranges and advancing the project to advanced exploration status.

Lion Rock Minerals has reported robust drilling results from its expansive Minta Project in Cameroon, reinforcing its ambition to become a major global producer of rutile and monazite. The company targets a maiden Mineral Resource Estimate later this year amid promising assay outcomes from key tenements.