Latest Drilling Campaign News

Prospect Resources has updated its Mumbezhi Copper Project Mineral Resource Estimate, boosting tonnage by 20% to 208.1 million tonnes and doubling gold resources to 262,100 ounces. The project now boasts tier-1 copper grades comparable to Zambia’s top mines, with Phase 3 drilling underway to expand resources further.

GBM Resources has reported high-grade gold intersections outside the current 309 deposit resource at its Twin Hills project, reinforcing the potential for resource growth and advancing development plans.

Ordell Minerals has strategically expanded its Barimaia Gold Project near Mount Magnet by acquiring three new tenements highly prospective for granodiorite intrusions. This move broadens the exploration scope ahead of a substantial 15,000m drilling campaign scheduled through mid-2026.

Meeka Metals has expanded gold mineralisation at its Rosapenna target within the Fairway shear zone, pushing the strike length to 670 metres and confirming the area’s exploration upside in the Murchison Gold Project.

Carnavale Resources has lifted its Kookynie Gold Project Mineral Resource Estimate by 2.5% to 120,000 ounces at 4.4 g/t, with a significant upgrade to Measured resources that reduces early-stage mining risk.

Cosmo Metals has launched the diamond drilling phase at its Kanowna Gold Project near Kalgoorlie, focusing on a 400m deep hole co-funded by the WA Government to test key structural gold targets.

Marimaca Copper’s 2026 drilling campaign at Pampa Medina reveals multiple stacked high-grade copper mantos, reinforcing the deposit’s scale and continuity across oxide and sulphide zones.

Corazon Mining takes a major step into gold development by acquiring the Chalice Gold Project from Westgold, backed by a $16.5 million capital raise and a near 20% strategic stake from Westgold.

Corazon Mining has secured the Chalice Gold Project from Westgold Resources, gaining a 191,000oz high-grade gold resource and a strategic partnership with Westgold as a near-20% shareholder.

Austin Metals has mapped over 12 km of prospective BIF and identified five drill-ready gold targets at Brunswick Hill within its Austin Gold Project. A 4,000m RC drilling campaign is set to begin in June, initially focusing on Brunswick Hill and Mt Sandy.

Castle Minerals has locked in a 90% stake in the Nielle Gold Project, a high-grade asset in a prolific West African gold belt, while planning to divest its Ghanaian holdings and rebrand as TerraNova Metals.

American Tungsten & Antimony Ltd (ASX: AT4) has raised A$10 million through a strongly supported placement and secured a 40% Utah state tax credit, underpinning its strategy to develop a domestic US supply chain for tungsten and antimony ahead of a planned Nasdaq listing.