Latest Drilling Campaign News

Astral Resources has reported strong drilling results across its Western Australian gold projects, progressing the Mandilla Definitive Feasibility Study (DFS) and securing $1.76 million in a recent placement tranche. The company maintains a healthy cash position of $73 million as it targets first gold production in early 2028.

Scorpion Minerals has submitted a mining lease application for the Old Prospect gold tenements in WA, moving to secure and expand a high-grade JORC resource through planned drilling and strategic partnerships.

Podium Minerals has wrapped up a major drilling campaign at its Parks Reef PGM Project, delivering key bulk samples for ongoing metallurgical testing that builds on recent high-grade concentrator success.

Moho Resources has finalised the sale of its Silver Swan North Project, receiving an initial $500,000 payment and securing future milestone and royalty income. The deal strengthens Moho’s balance sheet as it intensifies exploration at its Bush Chook Gold Project in Western Australia.

Olympio Metals has reported a surge in gold grades from its Phase 2 drilling at the Paquin Prospect within the Bousquet Gold Project, Quebec, delivering 36 new significant intercepts including a standout 3.8m at 5.03 g/t Au and reinforcing the bonanza-grade potential first revealed in March.

Yandal Resources has mobilised multiple rigs to its Ironstone Well-Barwidgee Gold Project, advancing extensional drilling at the Arrakis discovery and preparing for diamond drilling at Flushing Meadows, underpinning a busy 2026 exploration calendar.

Kingfisher Mining has resumed reverse circulation drilling at its Copper Blow project near Broken Hill, targeting extensions of high-grade copper-gold mineralisation to support a maiden resource estimate. The program follows a strategic processing agreement with Broken Hill Mines, underpinning development plans.

Amplitude Energy lifted gas prices and revenue to new quarterly highs in Q3 FY26 while pushing ahead with the East Coast Supply Project, despite mixed exploration results. The company’s production remains robust with capacity expansions at Orbost and development drilling in Cooper and Otway basins.

Accelerate Resources (ASX: AX8) has revealed encouraging shallow gold results from its Phase 2 RC drilling at the Balagundi Gold Project near Kalgoorlie, confirming multiple mineralised trends and refining exploration targets. The company also completed a sizable aircore program, with assay results pending.

AuKing Mining has agreed to acquire the Tundulu Rare Earths Project in Malawi, a large and under-explored carbonatite complex with strong historical drilling results. The acquisition is supported by a $3 million capital raise to fund exploration and drilling activities.

IRIS Metals has fortified its balance sheet with a A$5.5 million placement and is progressing towards an updated lithium-rubidium resource at Beecher while executing a farm-in deal for a tungsten project in Montana, reinforcing its diversified US critical minerals strategy.

Great Southern Mining (ASX:GSN) is set to restart diamond drilling at its Edinburgh Park joint venture in northern Queensland, focusing on the Mt Dillon target where a significant induced polarization anomaly suggests a large intrusive-related gold system.