Latest Drilling Campaigns News

Ragusa Minerals has taken a major step in its US expansion by acquiring a controlling stake in Pegasus Tel Inc. and its Purple Pansy Manganese-Gold Project, backed by high-grade assay results and fresh capital.

TG Metals has expanded its Van Uden gold resource to 270,800 ounces with a 120% increase in indicated ounces, discovered new mineralisation 550m south, and filed a lithium processing patent at Lake Johnston.

Midas Minerals has unveiled an initial inferred resource of 10.5Mt at 1.6% copper and 21g/t silver for its T-13 deposit in Namibia, alongside a $28 million placement to accelerate drilling and feasibility studies.

Lord Resources has deepened its geological understanding of the Ilgarari Copper Project through integrated data analysis, while maintaining a cautious stance on its lithium and gold assets during the March quarter.

Gorilla Gold Mines has uncovered two new shallow, high-grade gold zones at its Comet Vale project, prompting an accelerated drilling campaign to explore the significant growth potential within its North Kalgoorlie Hub resource base.

Bass Oil’s March quarter saw a 13% production dip due to Cooper Basin rains but secured key gas field acquisitions, a $3.5 million grant, and completed a $3 million capital raise.

Arrow Minerals secures $2.25 million to fund the acquisition of an 80% stake in the Yarraloola Copper Project and plans a 2,000m drilling campaign targeting copper and gold in WA’s Pilbara.

Aurum Resources has boosted its total gold resources to 4.2 million ounces across two Côte d’Ivoire projects, supported by ongoing drilling and a strategic placement led by Perseus Mining. The company’s strong cash position and board strengthening set the stage for upcoming feasibility milestones.

Horseshoe Metals reveals high-grade gold and silver assays that enhance the value of copper Direct Shipping Ore at Horseshoe Lights, unlocking new revenue potential amid strong copper prices and active offtake talks.

Oceana Metals is set to transform its portfolio with the acquisition of the Serra Negra rare earths and niobium project in Brazil, backed by a $20 million placement to fund aggressive exploration.

First Au Limited has boosted confidence in its Gimlet Gold Project by upgrading 62% of its resource to Indicated, while streamlining its focus on Western Australian gold through the acquisition of the Barlee Project and exiting offshore assets.

Cazaly Resources has delivered promising high-grade gold assay results from its latest drilling at the Goongarrie Gold Project, extending mineralisation depth and strike length while initiating a new gravity survey to refine exploration targets.