Latest Drilling Campaigns News

Moonlight Resources Ltd (ASX: ML8) completed its first year as a listed entity, rapidly expanding its gold and copper exploration at the Clermont Project in Queensland. The company reported a net loss of $1.98 million for FY2026, reflecting active exploration and corporate growth following its December 2025 IPO.

PhosCo Ltd has achieved a metallurgical breakthrough at its Gasaat Phosphate Project, producing premium-grade phosphate concentrate with a simplified flotation process, potentially unlocking significant price premiums.

Falcon Metals has raised A$30 million through a placement priced at A$0.60 per share, bolstering its capacity to expand diamond drilling at Blue Moon and initiate maiden reverse-circulation drilling at Errabiddy.

Castle Minerals has raised $4 million through a share placement to fast-track exploration at its Nielle Gold Project in Côte d'Ivoire and support its Western Australian portfolio. The funding positions Nielle as the company’s flagship asset with near-term drilling plans underway.

Australian Gold and Copper Ltd (ASX: AGC) has reported extensive polymetallic mineralisation at its Evergreen Prospect, delivering high-grade gold, silver, lead, and zinc intercepts. With 17 diamond holes completed and a reverse circulation rig now targeting shallow oxide zones, the company is progressing towards an initial Mineral Resource Estimate.

West Cobar Metals is broadening its scandium exploration at Salazar by adding the Benriach Prospect to its Q4 2026 air-core drilling program, aiming to tap near-surface scandium enrichment and higher-grade zones within its existing resource.

Green & Gold Minerals posted a $886,828 loss for FY2026 amid a transformative year marked by its ASX listing and expansion into base metals exploration with the Herberton acquisition.

Sentinel Metals has completed its acquisition of the Big Springs Gold Project in Nevada, adding over 1 million ounces to its North American gold resource base and positioning itself as a significant player in Tier-1 US mining jurisdictions.

Sentinel Metals has secured 100% ownership of the Big Springs Gold Project in Nevada, adding over 1 million ounces of gold to its portfolio and nearly doubling its North American resource base alongside its Montana project.

FireFly Metals has raised approximately A$190 million through institutional and bought deal placements, positioning the company to advance its Green Bay Copper-Gold Project with early works, drilling, and feasibility studies ahead of a mid-2027 investment decision.

Sierra Nevada Gold (ASX: SNX) has completed a $12.85 million capital raise to fund an aggressive Phase 2 drilling campaign at its As Safra Copper-Gold Project in Saudi Arabia, supported by strong institutional backing.

Minrex Resources has reported strong assay results from the first ten infill drill holes at its Barje deposit, revealing shallow, high-grade gold-silver mineralisation that supports a low-strip, high-margin open pit scenario. The company is boosting its 2026 drilling program to 9,000 metres to explore extensions along the Barje-Liska corridor.