Latest Drilling Contractors News

Lakes Blue Energy has resumed drilling at its Wombat-5 well in Victoria’s Gippsland Basin, overcoming earlier technical setbacks with a fresh contractor agreement. The company is making solid progress toward its target formation under a fixed price contract.

Haranga Resources has secured regulatory approvals and begun underground works at its Lincoln Gold Project, setting the stage for a maiden drilling campaign aimed at upgrading a significant historical gold resource to JORC standards.

West Cobar Metals is set to begin a 5,000-metre air core drilling campaign at its Mystique gold project in Western Australia, following key approvals and strong nearby gold intercepts that hint at significant mineral potential.

FMR Resources has refined a significant copper porphyry target at the Southern Porphyry prospect within the Llahuin Project JV, setting the stage for Phase I drilling early in Q4 2025.

FMR Resources has refined a significant copper porphyry drill target at its Southern Porphyry prospect in Chile, setting the stage for Phase I drilling early in Q4 2025. Integrated geophysical data and historic drillhole analysis underpin this high-priority exploration push.

Western Gold Resources has appointed VM Drilling to execute a major 35,300-metre grade control and infill drilling campaign at its Gold Duke Project, aiming to fast-track production readiness and enhance resource confidence.

Magmatic Resources has launched a new phase of exploration at its Weebo Gold Project in Western Australia, backed by promising high-grade gold assay results and fresh tenement applications.

Classic Minerals Limited has secured strategic tenements adjoining its Forrestania Gold Project and appointed a drilling contractor under a novel drill-for-equity agreement, while navigating ongoing legal disputes and ASX suspension.

Asra Minerals has completed a major drilling campaign at its Leonora South Gold Project and secured $3 million in fresh capital to fast-track exploration, alongside key leadership appointments and strategic asset realignments.

Cosmo Metals has completed its acquisition of the Bingara and Nundle projects in NSW, revealing extensive historic workings and high-grade targets ahead of maiden drilling. A recent $2 million placement strengthens its exploration push.

Miramar Resources has completed a significant aircore drilling program at its Gidji JV Gold Project and secured government co-funding for geophysical surveys at its Bangemall projects, supported by a recent $1.8 million placement.

Viking Mines reports significant gold discoveries at its Riverina East Project, including a new large gold anomaly and high-grade drill intercepts, alongside a promising underground mining study at First Hit.