Latest Drilling Campaigns News

Haranga Resources is preparing to begin a 16-hole underground drilling campaign at its Lincoln Gold Project, targeting the southern resource and an under-drilled gap between the Lincoln and Comet zones. The programme arrives alongside new underground power infrastructure, completed dewatering and several assays that could shape a later resource update.

DPM Metals has extended mineralization beyond the existing Dumitru Potok resource in Serbia, led by a 21-metre interval grading 5.44% copper equivalent. The company will add up to 15,000 metres to its 2026 drilling campaign as it works towards a resource update and preliminary economic assessment.

Patronus Resources is taking a well-funded exploration campaign into a busy phase, with 30,000 metres of multi-rig drilling underway at Pine Creek and a stated $65 million in cash and investments. The investor presentation also highlights a 2.3Moz AuEq resource base, although parts of the portfolio rely on historical estimates and future WA work remains dependent on heritage access.

Olympio Metals has begun field exploration across its Jacknife and Raven silver projects in the United States, with drilling at Jacknife expected to start imminently. A replacement announcement also strengthens the company’s description of a historical foreign estimate, while making clear that the estimate remains non-JORC and requires fresh verification.

Ballymore Resources has reported its strongest Torpy’s intersection yet, with shallow drilling returning 580.4g/t silver, 25.88% lead, 10.08% zinc and 8.7g/t indium over 2 metres. The result extends mineralisation 40 metres up-dip and supports the company’s emerging high-grade shoot model, although the project remains at the exploration stage.

Emperor Energy has signed a term sheet to secure the Valaris 107 jack-up rig for its Judith-2 appraisal well, targeted for April 2027. The deal commits US$3.5 million before the full drilling contract is finalised, while environmental approval remains outstanding.

Krakatoa Resources has reported high-grade gold and antimony results from the first batch of its 2026 Zopkhito drilling assays, including 1.8 metres at 11.09 g/t gold and 3.56% antimony. The results support continuity at Vein 6 and identify mineralisation outside the project’s existing foreign estimate, but remain exploration results pending further drilling and a JORC assessment.

Power Minerals has secured priority-project treatment from Minas Gerais for its Morro do Ferro rare earths project, directing future licensing through a specialised state pathway. The agreement improves institutional access but stops well short of environmental approval, project finance or a construction timetable.

Trek Metals has reported a second batch of shallow, high-grade manganese assays from Kuro, including 7 metres at 40.2% Mn from just 7 metres. The results bring the discovery into a larger 2,500-metre Phase 2 drilling campaign targeting geophysical anomalies across the Christmas Creek project.

Ordell Minerals has completed about 25,000 metres of drilling at its Barimaia gold project and begun a further 14,000-metre campaign aimed at delivering a maiden Mineral Resource Estimate for McNabs East in the December 2026 quarter. The exploration push comes as the pre-revenue company reports an increased annual loss but a stronger $8.2 million cash balance after equity raisings.

Paterson Resources is set to start an extensive drilling campaign at its Grace Gold Project, aiming to upgrade its 200,000-ounce inferred gold resource and extend high-grade mineralisation along a 1.3km strike in the Paterson Province.

Green & Gold Minerals (ASX:GG1) is raising $3.2 million through a 1-for-2 renounceable rights issue priced at 10 cents per share to fund aggressive drilling programs targeting copper-silver-tin at Herberton and gold resource expansion at Chillagoe's Mt Wandoo.