Latest Drilling Contractors News

Mt Malcolm Mines NL is set to begin a fully funded 3,000-metre RC drilling program targeting high-grade gold at its Golden Crown and Dumbarton prospects near Leonora, aiming to define a maiden JORC resource and advance development plans.

Critical Resources Limited has lodged applications to begin maiden drilling at two promising antimony-gold targets within its Halls Peak Project in NSW, aiming to unlock significant mineral potential near Australia’s largest known antimony-gold system.

Metal Hawk Ltd has announced multiple high-grade gold discoveries at its Leinster South project in Western Australia, with maiden drilling set to commence shortly at key prospects.

Accelerate Resources Limited has bolstered its cash reserves with a $2 million non-dilutive asset sale, positioning the company to accelerate its gold exploration efforts at the Kanowna East Project near Kalgoorlie.

Codrus Minerals has obtained a significant drilling permit for its Bull Run Gold Project in Oregon, reviving exploration at a historically productive site with promising past results and strong government support.

Scorpion Minerals has expanded its footprint in Western Australia's Murchison region to 1,600km² through a strategic JV with E79 Gold Mines, securing the largest landholding along the highly prospective Dalgaranga–Big Bell shear corridor. With $1.75 million raised, the company is poised to commence drilling at multiple high-grade gold targets imminently.

Noronex Limited reports promising copper and silver assay results from initial drilling at its Fiesta Copper Project in Namibia, while advancing diamond drilling and expanding exploration licences in Botswana. The company also strengthens its financial position through early option exercises and South32 earn-in funding.

Enterprise Metals Ltd has progressed its Western Australian exploration projects with heritage surveys completed and drilling scheduled, supported by a government grant covering nearly half the planned budget.

Geopacific Resources has completed a $40 million entitlement offer to fund a major drilling campaign and an updated Definitive Feasibility Study for its 1.67 million ounce Woodlark Gold Project, positioning the company for significant resource growth and project advancement.

Perpetual Resources has raised $500,000 through a strongly supported placement to fund its maiden lithium drilling campaign at the Igrejinha Project in Brazil, following high-grade assay results that have boosted investor confidence.

Golden Mile Resources is set to commence its maiden drilling program at the Pearl Copper Project in Arizona, following significant gold and silver assays at the newly identified Aurora Prospect. The company has secured key federal permits, marking a pivotal step in its US exploration campaign.

Metal Bank Limited has reported a substantial 73% increase in its Livingstone Gold Resource in Western Australia, while progressing exploration and development initiatives across Australia, Jordan, and Saudi Arabia, supported by a $275k Queensland government grant for graphite.