Latest Drilling Campaign News

Zuleika Gold Limited is gearing up for a pivotal drilling campaign in the first half of 2025 after refining its project portfolio and withdrawing from several non-core assets. Meanwhile, the company intensifies its legal battle to secure damages from Vango Mining over contract breaches.

Desert Metals Limited's maiden drilling at the King Kong prospect in Côte d'Ivoire confirms a significant high-grade gold system, setting the stage for expanded exploration in 2025.

Critical Resources Limited reports outstanding high-grade antimony and gold assay results at its Mayview Homestead Prospect, alongside a strategic acquisition of the Amoco Antimony-Gold Project, reinforcing its position in the prolific Hillgrove region.

Bounty Oil and Gas NL reports steady cash reserves and rising oil production in Queensland, while facing regulatory setbacks offshore. The company’s strategic developments and entitlement offer position it for growth in 2025.

Miramar Resources reports encouraging drilling and sampling results across multiple Western Australian projects, reinforcing its strategic focus on nickel-copper-cobalt-PGE and sedimentary exhalative mineralisation.

White Energy Company Limited reports significant progress in its Australian mineral exploration projects and binderless coal briquetting technology, while navigating financial challenges linked to past operations.

Kula Gold reports promising shallow gold intersections at Mt Palmer and secures government co-funding, while launching a $1.6 million entitlement offer to fuel further exploration.

Ten Sixty Four Limited reports a 9% rise in gold production to 13,123 ounces and a reduction in all-in-sustaining costs to US$2,045 per ounce for the September 2024 quarter, while advancing its Tigerway Decline project and navigating ongoing restructuring.

Marmota Limited reports a stellar quarter with major titanium mineral sands discovery at Muckanippie and high-grade gold extensions at Aurora Tank, underpinning an aggressive drilling campaign and capital raise.

Global Uranium and Enrichment reports a successful maiden drilling program at its Maybell Uranium Project, confirming high-grade uranium continuity, alongside a strategic sale of its Enmore Gold Project to Koonenberry Gold.

Asra Minerals has successfully completed Phase 1 drilling at its Leonora North and South gold projects, confirming significant gold mineralisation and setting the stage for an expanded Phase 2 program in March 2025.

New Age Exploration Limited (ASX: NAE) reports encouraging gold intercepts from its Wagyu Gold Project in the Pilbara, Western Australia, alongside a $1.75 million capital raise to fund further exploration. The latest drilling phases reveal a significant 'sickle-shaped' mineralised zone, reinforcing the project's potential.