Latest Drilling Campaigns News

88 Energy has secured Westlawn Americas Offshore as a 40% partner in its South Prudhoe Project, bringing up to A$15.5 million towards the Augusta-1 well and related work. The deal reduces the company’s near-term funding burden while leaving it with a 60% interest and operatorship.

Ore Resources has converted its Miriam drilling campaign into a 153,200-ounce JORC Mineral Resource, with most ounces shallow and Forrest still open along strike and at depth. A separate conceptual Exploration Target points to a further 200,000 to 400,000 ounces, but remains unconverted exploration potential.

Global Gold Mining has reported flotation recoveries of up to 91.4% from laboratory testwork at its Sturec Gold Project in Slovakia, while ongoing drilling supplies data for the project’s pre-feasibility study. The company ended September with $6.134 million in cash after quarterly operating and investing outflows of $1.547 million.

Alice Queen has reported a 68.0g/t gold interval from its Horn Island drilling, alongside broader high-grade zones inside the existing resource and mineralisation beyond its boundary. Nine assays remain pending, leaving the scale and continuity of the potential extension unresolved.

Zenith Minerals has identified gold in 20 of 24 Dulcie Central holes, opening the possibility of a maiden resource in a corridor outside its existing 675,000-ounce estimate. At the same time, Forrestania’s unconditional takeover offer has reached a 61.42% relevant interest in Zenith.

Axiant Resources has completed geophysical work that identified new, untested targets beneath and beside historical drilling at its Shoobridge Gold Project. The newly listed explorer held $6.1 million in cash at quarter-end and is preparing to begin its maiden drilling campaign.

E79 Gold is preparing to start more than 12,000 metres of drilling at its Cue Gold Project in November, subject to final heritage clearance. The explorer ended September with $1.946 million in cash as it moves from target generation to field testing.

DevEx Resources has completed its 2026 Nabarlek drilling campaign after recording uranium-equivalent intersections at Nabarlek North and Big Radon, alongside extensive alteration at KP. The results expand the company’s follow-up pipeline, although laboratory assays and further drilling are still required.

SQX Resources has completed a fully underwritten $2.47 million entitlement offer, leaving it with $2.40 million in cash to advance exploration across its US gold portfolio. Red Bird resource work is progressing while Williams assays are expected in the December quarter.

Azzuro Resources has outlined conceptual exploration targets of up to 55 million tonnes across two Mongolian copper projects, while a strategic investment from Kerry Resources Logistics provides fresh funding for the next phase. The quarter also delivered high-grade Red Hill drilling, but the targets remain short of Mineral Resource status and quarter-end cash was only A$1.615 million.

Empire Resources has reported a busy September quarter at Yuinmery, with notable copper, gold and palladium-platinum intersections alongside rare earth oxide results reaching 1,712.5ppm TREO+Y. The exploration push comes as the company prepares more drilling and an updated resource estimate while holding $2.571 million in cash.

Parbo Resources has completed a 4,737-metre maiden aircore programme at Brians Mill less than six weeks after listing on the ASX. The Western Australian explorer is now awaiting assays while a second 7,500-metre programme advances at Mount Padbury.