Latest Drilling Campaigns News

High-Tech Metals (ASX:HTM) reported significant progress at its Mt Fisher and Mt Eureka gold projects, highlighted by high-grade drilling results at Wagtail and a $10.7 million capital injection from option exercises, underpinning near-term production plans and resource expansion.

Lithium Energy Limited has resumed ASX trading with $64.4 million cash, progressing gold-copper, graphite, and lithium projects in Australia and the US, while awaiting key assay results to guide next steps.

Koba Resources is gearing up for its first drilling campaigns at its Queensland tin-tungsten projects following rock chip samples showing tin grades up to 26.1%. Meanwhile, follow-up uranium drilling at Yarramba awaits results expected in early May 2026.

Lodestar Minerals has reported strong visual copper mineralisation at its Chilean Three Saints IOCG project, secured rights to the Los Loros Cu-Mo-Au porphyry project, and confirmed high-grade heavy rare earth elements dominated by xenotime at its Virgin Mountain project in the USA. A 10,000m drilling campaign has commenced at Ned’s Creek gold project in Western Australia, alongside key corporate appointments.

Santa Fe Minerals has kicked off drilling at its Eburnea Gold Project in Côte d’Ivoire and completed a major acquisition of four additional gold projects, expanding its West African footprint and exploration pipeline.

Norfolk Metals has completed Phase #1 drilling at its Carmen Copper Project in Chile, validating higher-grade copper mineralisation and historical resource estimates. The company remains suspended from ASX pending a material acquisition and regulatory approvals, while bolstering its balance sheet with a $2.1 million capital raise.

Oakajee Corporation has identified a new gold mineralised shear zone at Paynes Find, with assays up to 925ppb and plans for a follow-up drilling campaign in May 2026. The company holds $4.22 million in liquid assets and maintains an 80% interest in key tenements.

Matsa Resources has kicked off a major diamond drilling campaign at Fortitude North targeting up to 1.85 million ounces of gold while reporting robust $28.7 million gold sales and $6.1 million EBITDA from the Devon Pit Gold Mine.

Aldoro Resources has defined high-priority gold targets at its Damara Gold Project and confirmed significant rare earth and associated mineralisation at Kameelburg, with drilling and metallurgical progress underpinning its dual-commodity strategy.

Ausmon Resources has delivered promising rare earth element assay results from its Beelitz Prospect in South Australia, underpinning plans for detailed grid drilling while progressing base metals and gold exploration in NSW and Queensland.

Conico Ltd is gearing up for a second drilling phase at its Mt Thirsty joint venture to target scandium, a critical mineral commanding sky-high prices. The company’s recent recapitalisation and leadership changes have strengthened its balance sheet ahead of exploration.

Rumble Resources has completed a major diamond drilling campaign at Western Queen, delivering multiple high-grade gold and tungsten intersections that underpin an advancing feasibility study and mine development plans.