Latest Drilling Campaigns News

Minerals Exploration has expanded its New Zealand exploration pipeline after broad gold intersections at Jubilee South and high-grade tungsten results at Invincible. The next phase is more ambitious, but A$1.96 million in cash covers only 1.91 quarters at the latest spending rate.

Haranga Resources has opened its second Lincoln drilling campaign with a high-grade 32-metre gold intercept, including a 1-metre section at 51.4g/t. The result is encouraging for a resource-confidence programme, but the reported interval is downhole rather than true width and the campaign remains unfinished.

Black Cat Syndicate has reported a 1.46-metre interval grading 47.05g/t gold from infill drilling at Coyote Central, supporting confidence in parts of the existing resource. The company is pausing further Coyote work for the rest of FY27 to redirect capital to Paulsens and Kal East.

Recharge Metals has secured firm commitments for a $4.1 million placement ahead of its first 30,000-metre drilling campaign at Sunset Well. The raise lifts pro forma cash to approximately $8 million and also funds copper-tungsten work at Brandy Hill South.

Midas Minerals has identified up to three high-grade copper positions at its Deblin deposit in Namibia, with assays returning intervals of up to 4.89% copper. The expanding target will now be tested with deeper drilling, additional rigs and metallurgical work ahead of a planned maiden resource estimate in early 2027.

Gateway Mining will elevate Richard Pugh to managing director and install Anthony McClure as chair after its November AGM, as the company prepares to intensify exploration at Yandal. The leadership reset comes with a $340,000 fixed package for Pugh and 15 million performance rights tied to share-price hurdles.

Rokeby Resources has extended a high-grade mineralised shoot at its Mt Wills Goldfield in Victoria, with a new intercept of 0.3 metres at 138 g/t gold. The result arrives as the company prepares an updated JORC 2012 resource estimate and awaits four more holes from its maiden drilling campaign.

Javelin Minerals has advanced its proposed all-scrip takeover by FirstAU while securing Eureka’s final mining approval and reporting further gold intersections. The deal offers a broader exploration portfolio, but the loss of Eureka’s processing pathway and a cash runway of about 2.57 quarters remain material constraints.

MB Gold has secured up to $220,000 in Western Australian government co-funding for a 2,000-metre diamond drilling campaign at its Murphy Well Prospect. The program will test three previously untested geophysical anomalies, with assays expected in the first quarter of 2027.

BOA Resources has extended the interpreted copper mineralised trend at Rooneys beyond 500 metres, with shallow high-grade intersections supporting a larger follow-up drilling campaign. The results add another exploration thread to the company’s expanding Neds Creek project, although continuity and true widths remain untested.

Strata Minerals has established a maiden JORC 2012 resource of 42,000 ounces at its Zelica Gold Project in Western Australia, with 68% classified as Indicated. The resource provides a technical base for further drilling and development studies, but does not yet represent an Ore Reserve or confirmed mining operation.

49 Metals says every hole in its maiden Gold Mountain campaign intersected gold or silver, including a high-grade 27.4-metre interval and a 170.7-metre broad intercept. A second drilling campaign is now testing whether the Adit Zone has the continuity and scale needed to support a maiden mineral resource estimate in 2027.