Latest Drilling Campaigns News

Oceana Metals has validated extensive high-grade rare earth mineralisation at its Serra Negra project in Brazil, underpinning a major drilling campaign backed by a $20 million capital raise.

White Energy's latest drilling at Mount Rainbow-Specimen Hill reveals a complex hydrothermal system with promising copper, gold, and silver mineralisation, sharpening focus on the Southern Copper prospect.

Sentinel Metals has kicked off its maiden drilling at the Columbia Gold-Silver Project in Montana and agreed to acquire the 1.01Moz Big Springs Gold Project in Nevada, backed by a $15 million institutional placement.

Western Mines Group (ASX:WMG) has wrapped up its Phase 5 drilling at Mulga Tank, delivering standout nickel-cobalt-copper assays and securing a $250,000 government grant for a seismic survey. Post-quarter, a $2.74 million capital raise led by Lowell Resources Fund boosts its exploration firepower.

Asara Resources secured a A$60 million placement to fund an intensified drilling campaign at its flagship Kada Gold Project in Guinea, reporting significant high-grade gold intercepts and key leadership appointments to drive its growth strategy.

Austral Resources has identified a second parallel copper-gold lode at its Cameron River Project, with drillhole 26SQRC006 hitting significant grades. The discovery supports the company’s strategy of regional growth around its Rocklands Processing Facility.

Anax Metals has secured $16 million through placements to fund exploration and development at its Whim Creek Project, with diamond drilling commenced and FEED launched ahead of a targeted Final Investment Decision in Q4 2026.

Odessa Minerals has reported encouraging exploration results at its WA projects, confirming potential carbonatite-hosted rare earth elements and new base metal anomalies, while securing $2.65 million in fresh capital to fund a maiden 10,000m drilling campaign and project acquisitions.

Verity Resources’ first-pass aircore drilling at the Monument Gold Project has confirmed gold mineralisation across a 9km banded iron formation corridor, expanding the footprint beyond its existing 137,700oz Korong–Waihi Mineral Resource.

Mount Hope Mining delivered high-grade gold assay results and robust metallurgical testwork at its Mt Solitary project, advancing toward a maiden JORC resource with Phase 3 drilling imminent.

Sinclair Gold has pushed gold mineralisation deeper at its Mt Henry project, with initial drilling results confirming significant extensions beyond the existing 915,000oz resource. Backed by a $30m placement and a royalty deal, the company is well-funded to continue its 50,000m drilling campaign.

Red Sky Energy has kicked off site works for a Santos-operated drilling campaign at the Innamincka Dome, secured $5.1 million in capital raising, and reported $1.045 million in production receipts for the June quarter.