Latest Drilling Campaign News

IPB Petroleum has appointed a new chairman and is intensifying efforts to secure funding for drilling its key Browse Basin assets, while maintaining a strong cash position and exploring new project opportunities.

Rand Mining Ltd reports strong December quarter drilling results at the Hornet deposit within the East Kundana Joint Venture, setting the stage for open pit mining in FY25. The exploration highlights high-grade gold mineralisation and outlines a clear path for resource updates and further discovery drilling.

Tribune Resources Ltd reports strong December quarter drilling results at the Hornet deposit within the East Kundana Joint Venture, setting the stage for open pit mining in FY25.

G50 Corp has advanced its exploration efforts with new drilling campaigns targeting high-grade silver, gold, and gallium at its Golconda Project in Arizona and White Caps Project in Nevada, supported by a recent A$5.6 million capital raise.

Connected Minerals Ltd has successfully raised $5.1 million to fuel its aggressive uranium exploration in Namibia, reporting impressive high-grade rock chip results that set the stage for maiden drilling in early 2025.

Stavely Minerals has reported significant progress in its copper and nickel exploration projects, highlighting promising assay results and new structural insights that could unlock major resource expansions.

Falcon Metals reports steady progress across its Victorian and Western Australian projects, maintaining a strong cash position to fuel ongoing exploration in 2025.

Javelin Minerals has completed Phase 1 drilling at its Coogee Gold Project with assay results pending, while finalizing the acquisition of the Eureka Gold Project and preparing for further drilling in early 2025.

AusQuest Limited has announced a significant porphyry copper-gold discovery at its wholly owned Cangallo Project in Peru, with maiden drilling revealing extensive mineralisation near surface and strong potential for a low-capital development.

Prospech Limited has reported a significant milestone with a JORC-compliant Inferred Mineral Resource Estimate of 7.1 million tonnes at 1.08% TREO for its Korsnäs REE project in Finland, alongside successful EU grant funding and a rights issue raising nearly $786,000.

Mithril Silver and Gold Limited reports compelling high-grade silver and gold intercepts from its ongoing Target 1 drilling campaign in Mexico’s Copalquin District, setting the stage for a resource update and expanded exploration in 2025.

Horizon Gold advances its Gum Creek Gold Project with ongoing diamond drilling and a major upcoming RC drilling campaign aimed at upgrading its 2.14 million ounce gold resource. The company also strengthens its balance sheet following a strategic share sale.