Latest Drilling Campaign News

Accelerate Resources Limited has bolstered its cash reserves with a $2 million non-dilutive asset sale, positioning the company to accelerate its gold exploration efforts at the Kanowna East Project near Kalgoorlie.

Dreadnought Resources has wrapped up a comprehensive 2,724m drilling campaign across multiple targets at its 100% owned Mangaroon Gold Project, with assay results expected in May and June 2025. This program aims to bolster near-term production ounces and advance the company’s self-funded exploration strategy.

Advance Metals Limited has successfully raised $2.55 million to fund follow-up drilling at its high-grade Myrtleford Project in Victoria and initiate maiden drilling at its Yoquivo Silver-Gold Project in Mexico.

Arika Resources has successfully raised $5 million through an oversubscribed share placement to fast-track drilling and exploration at its Yundamindra and Kookynie gold projects in Western Australia.

Red Mountain Mining has raised $400,000 through convertible notes to fund drilling at its Kiabye Gold Project in Western Australia and further exploration at the Armidale Antimony-Gold Project in New South Wales.

Codrus Minerals has obtained a significant drilling permit for its Bull Run Gold Project in Oregon, reviving exploration at a historically productive site with promising past results and strong government support.

Ausmon Resources has initiated a focused Aircore drilling campaign across four tenements in South Australia's Limestone Coast, aiming to expand on promising rare earth element findings from prior programs.

Litchfield Minerals has launched a detailed ground gravity survey over the Bomb Diggity target at its Oonagalabi permit, aiming to refine subsurface geological models and guide upcoming drilling campaigns.

Solstice Minerals has extended its Edjudina Range gold discovery within the Yarri Gold Project, revealing significant mineralisation over an 800m strike and preparing for its first Reverse Circulation drilling campaign.

Dreadnought Resources has partnered with Teck Resources in a $15 million farm-in and joint venture to advance the Money Intrusion Ni-Cu-Co-PGE prospect at Mangaroon, WA. This deal brings a major global player into the project, accelerating exploration while preserving Dreadnought’s gold ambitions.

Perpetual Resources has appointed ServDrill Brazil to begin its inaugural lithium drilling campaign at the promising Igrejinha Project in Brazil’s Lithium Valley, targeting high-grade spodumene mineralisation along a 1.4km pegmatite corridor.

Solstice Minerals has initiated a significant Reverse Circulation drilling campaign targeting advanced gold prospects in Western Australia, aiming to expand on promising historical intercepts and recent exploration success.