Latest Drilling Campaign News

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.

Narryer Metals has launched the next phase of exploration and metallurgical studies at its Rocky Gully project, targeting new geophysical zones and pioneering eco-friendly rare earth extraction methods.

NIMY Resources has reported record-high gallium grades at its Block 3 East prospect, positioning itself as a potential key supplier in a market set to surge tenfold by 2034.

Turaco Gold's maiden drilling at the Baffia Prospect within the Afema Project reveals significant gold mineralisation, reinforcing the project's growth potential beyond its existing 2.52Moz resource.

Golden Mile Resources has identified a significant new gold target, the Aurora Prospect, within its Pearl Copper Project in Arizona, with rock chip samples returning up to 10.8 g/t gold. The company is advancing towards a maiden drilling campaign at its Odyssey and Ford Prospects, signaling a pivotal exploration phase.

Golden Horse Minerals has swiftly completed its inaugural drilling campaign at Hakes Find shortly after its ASX debut, setting the stage for an active exploration year in 2025.

Nova Minerals has reported remarkable high-grade gold and gallium discoveries at its Wombat prospect within the Estelle Project, reinforcing the site's potential for significant mineral wealth and future drilling campaigns.

Iltani Resources has reported outstanding silver equivalent grades from the first seven drill holes at its Orient West project, highlighting significant potential for both open-pit and underground mining operations. The company plans to resume drilling in March 2025, aiming to further delineate this promising silver-indium deposit.

Nexus Minerals reports significant exploration success at its Wallbrook Gold Project with two new gold discoveries and robust assay results from a recent aircore drilling campaign. The company plans further drilling to expand these promising targets.