Latest Drilling Campaign News

Everest Metals Corporation has raised $4 million through a share placement to advance its gold and critical minerals projects in Western Australia, including pioneering rubidium extraction technology.

Core Energy Minerals reports significant rare earth element assay results from initial soil sampling at its Tunas Project in Brazil, with peak TREO values nearing 3,000ppm. The company is set to launch systematic auger drilling to define future targets.

Olympio Metals has confirmed significant near-surface gold mineralisation at its Amadee Prospect in Quebec, extending a broad mineralised zone linked to the nearby high-grade Paquin Prospect. The results highlight potential for open-pit mining in a world-class gold district.

Taiton Resources reports its highest gold soil assay to date at Challenger West and confirms promising IOCG and rare earth element signatures at the Highway project, setting the stage for imminent drilling campaigns.

Askari Metals has confirmed the legal validity of its Nejo Gold and Copper Project licences in Ethiopia, paving the way for a comprehensive exploration campaign in a highly prospective mineral region.

Tali Resources has commenced drilling across multiple high-priority prospects in the West Arunta, leveraging its dominant land position and a strong cash balance to explore for Tier-1 copper and critical metal deposits.

Australian Gold and Copper Ltd has reported robust silver-gold mineralisation from initial drilling at the Achilles deposit, with diamond drilling now underway to explore deeper extensions. Geological insights highlight a key stratigraphic marker aiding future targeting.

Litchfield Minerals Limited has launched a $1.5 million capital raising to fast-track exploration at its Northern Territory copper-zinc projects, including the advanced Oonagalabi asset. Recent drilling and geophysical surveys highlight promising mineralisation and near-term growth potential.

Litchfield Minerals has successfully raised $500,000 through a targeted placement and is launching a $1 million Security Purchase Plan to fund upcoming drilling campaigns and working capital needs.

Tamboran Resources’ Shenandoah South 2H sidetrack well has achieved a record 90-day average gas flow rate in the Beetaloo Basin, maintaining stable production and advancing the company’s multi-well drilling campaign.

Arika Resources reports significant high-grade gold intercepts from recent drilling at the F1 Fault within the Landed at Last Prospect, confirming substantial strike and depth extensions at the Yundamindra Gold Project in Western Australia.

Buxton Resources has completed its deepest drillhole yet at the Centurion Project, uncovering complex geology that leaves key mineral targets unresolved but promising further exploration.