Latest Drilling Campaigns News

Koonenberry Gold has initiated a targeted diamond drilling campaign at its Enmore Gold Project in NSW, aiming to expand on historically significant gold mineralisation at the Sunnyside Prospect. This marks the first follow-up drilling since acquisition, with promising intercepts suggesting substantial upside.

China’s new export restrictions on molybdenum have shifted global supply dynamics, positioning EV Resources’ Parag copper-molybdenum project in Peru as a strategic alternative supplier to the USA and Americas. With strong drilling results confirming high-grade molybdenum by-product, EV Resources is advancing plans amid growing demand.

Belararox Limited has initiated drilling at its Malambo copper-gold porphyry target and is making steady progress at Tambo South, marking a pivotal phase in the Toro-Malambo-Tambo Project in Argentina.

Matsa Resources has reported a standout high-grade gold intercept of 12.98g/t at its Fortitude North project, confirming a second lode structure and reinforcing its exploration model of multiple stacked mineralised lodes.

Connected Minerals Ltd has pinpointed priority drill targets at its newly granted Swakopmund Uranium Project in Namibia following a successful HLEM geophysical survey. The company is advancing plans for an initial drilling campaign set to begin in Q2 2025.

Octava Minerals has reported promising high-grade antimony intercepts from its recent drilling at the Yallalong project, highlighting potential for further resource expansion along a key structural corridor.

Stellar Resources has reported a significant new high-grade tin intersection at its Queen Hill deposit, potentially expanding the Heemskirk Tin Project’s resource base and boosting production forecasts.

Solis Minerals has confirmed extensive copper porphyry mineralisation at its Cinto Project in Peru, revealing promising assay results and advancing towards drilling in late 2025.

Resouro Strategic Metals Inc. posted a $5.28 million net loss for the nine months ended December 31, 2024, reflecting increased exploration and administrative expenses as it advances its Tiros Titanium and Rare Earth Elements Project. The company bolstered its balance sheet with a successful ASX dual listing and private placements but faces ongoing challenges to sustain operations.

Askari Metals has announced a significant 28% upgrade to the gold resource at its 100%-owned Burracoppin Gold Project in Western Australia, now containing 82,700 ounces of gold. The company highlights strong exploration potential and ongoing investor interest amid record gold prices.

Golden Horse Minerals updates its Southern Cross Project exploration with compelling soil geochemistry results revealing extensive gold anomalies and confirms acquisition of the Irene Betty lease, setting the stage for targeted drilling in 2025.

GTI Energy Ltd reports promising uranium leach test results from its Lo Herma project in Wyoming, demonstrating approximately 75% recovery rates consistent with regional ISR operations. These findings underpin the upcoming Scoping Study expected in H1 2025.