Latest Drilling Campaigns News

Alkane Resources has extended the known gold-antimony system beneath Nagambie’s West Pit, with drilling identifying mineralisation outside the existing Inferred Resource. The results strengthen the exploration case, but do not yet change the resource estimate or establish an economic mine plan.

Neu Horizon Uranium has completed its first major Swedish uranium exploration campaign since listing, generating more than 12,000 line kilometres of airborne data and preparing a maiden drill programme at Storvallflon. The ASX newcomer ended September with A$8.623 million in cash, while assays and target interpretations remain pending.

Rapid Critical Metals has reported its highest silver grade to date at the Webbs project, alongside extensions beyond the existing resource outline and a decision to add a fourth drill rig. The results strengthen the exploration story, but the intercepts remain down-hole results requiring further drilling and modelling.

White Cliff Minerals shareholders have approved an A$8.77 million placement to Hancock Prospecting, giving the private company an expected 13.5% stake and funding a faster exploration campaign at Rae. The capital is aimed at advancing Danvers 1 towards a maiden resource while testing a much larger copper system across Nunavut.

ActivEX has increased the Mt Hogan project’s Inferred Mineral Resource by 30% to 403,000 ounces of contained gold, even after accounting for historical mining. The gain is encouraging, but the estimate remains global and Inferred, with coarse-gold sampling and data-quality gaps still limiting confidence.

Albion Resources has secured $1.8 million from sophisticated and professional investors to expand drilling at its Gidgee Gold Project, after an initial aircore hole returned a high-grade gold intersection. The raise will also support the planned acquisition of additional exploration ground, although further drilling is needed to establish continuity and scale.

Falcon Metals has struck 12 metres at 2.8g/t gold from surface in the first hole at its Olsen Well prospect, including 4 metres at 4.7g/t. The result has confirmed bedrock mineralisation beneath a 5.8-kilometre soil anomaly, but four nearby holes were only weakly anomalous and the geometry remains unresolved.

Amplitude Energy has opened FY27 with record quarterly production and revenue, while a successful Juliet gas discovery and East Coast Supply Project investment decision push its growth plan forward. The trade-off is higher spending, with FY27 capital expenditure guidance rising to A$320 million to A$390 million.

S2 Resources has secured heritage and drilling approvals for two Jillewarra gold targets, while diamond drilling is now underway at Warraweena’s T37 prospect. The explorer ended September with A$17.35 million in cash and a further A$5.24 million Valkea Resources stake.

BPM Minerals has completed 9,060 metres of a record Forelands drilling campaign, with post-quarter assays returning its best Beachcomber result to date. The company is now advancing maiden drilling at Bonnie & Clyde while working towards a maiden resource estimate targeted for the first half of 2027.

Terrain Minerals has begun preparations for its largest-ever drilling program, with 86 reverse circulation holes planned across the Smokebush project in Western Australia. The 10,905-metre campaign will test both the existing Lightning resource and seven new exploration targets, but no new exploration results have yet been reported.

Indiana Resources has completed drilling at Company Well and Minos, while heritage clearance unlocks the next stage at the 7km Ealbara gold anomaly. The exploration progress comes alongside a November CEO departure and an unresolved arbitration claim over US$13.05 million in Tanzania settlement proceeds.