Latest Drilling Contracts News

Patagonia Lithium’s Well 7 at Formentera delivered a lithium assay of 270ppm at 282m, close to the project average, alongside encouraging porosity and specific yield results that underpin production potential. Drilling will now shift to the Cilon concession, targeting a high-grade lithium zone.

Eminence Minerals has kicked off a comprehensive drilling campaign at its Campo Grande Rare Earth Project in Brazil, targeting high-priority corridors adjacent to a major peer's high-grade rare earth discovery.

Vintage Energy has locked in $5 million in South Australian government grants to co-fund drilling two new gas wells, aiming to boost output from the Southern Flank projects in the Cooper Basin.

Eminence Minerals has contracted Eco Sondagem for a 2,000-metre auger drilling campaign targeting rare earth corridors adjacent to Brazilian Rare Earths’ Sulista district in Bahia, Brazil, marking a key step toward resource definition.

AuKing Mining has kicked off a significant maiden drilling program at its Tundulu Rare Earths Project in Malawi, aiming to expand and validate rare earth mineralisation across multiple targets identified by recent surveys.

Emperor Energy has submitted a revised Environmental Plan for its Judith-2 appraisal well and is advancing drilling preparations, including securing contractors and negotiating the Valaris-107 rig contract for a late Q1 2027 start.

Sabre Resources has received Northern Territory government approval to drill up to 5,000 metres at Kurundi North, targeting high-potential copper-gold systems analogous to Tennant Creek. The program awaits shareholder approval of a major acquisition and aims to unlock value in a resurging mineral province.

Trek Metals has marked a breakthrough year with a high-grade manganese discovery at its Christmas Creek Project in Western Australia, supported by strong assay results and expanded exploration tenure. The company bolstered its balance sheet with $19.5 million raised to fund drilling and further exploration.

Carnarvon Energy has locked in the Transocean Equinox rig for a pivotal 2027 drilling campaign targeting major prospects in the Bedout Sub-basin, with costs comfortably covered by its strong cash reserves.

Avira Resources has kicked off siteworks at its Mt Cattlin Gold Project ahead of a 4,500-metre RC drilling program targeting a maiden resource estimate by year-end.

Viking Mines has cleared the final federal regulatory hurdle to commence its maiden drilling campaign at the Linka Tungsten Project in Nevada, positioning itself in the strategically critical US tungsten market.

Ariana Resources has monetised part of its Zenit holding for US$19.5 million cash, retaining a 9.9% stake and boosting its war chest to advance the Dokwe Gold Project feasibility study in Zimbabwe.