Latest Drilling Contracts News

Bass Oil has received regulatory approval to award the drilling contract for its Bunian 6 well in Indonesia, aiming to add 500 barrels of oil per day to current production by mid-year.

Emperor Energy has successfully raised $17.5 million to advance drilling of its Judith-2 appraisal well, aiming to unlock a major gas resource in Victoria’s Gippsland Basin. The capital raise underscores strong investor confidence as the company moves closer to proving commercial gas flow rates.

Corazon Mining has contracted K-Drill to begin its first diamond drilling program at the Two Pools Gold Project in Western Australia, aiming to unlock high-grade gold potential and clarify complex geology.

Lodestar Minerals has secured a major drilling contract to advance its Ned’s Creek Gold Project towards a maiden resource estimate in 2026, targeting key prospects with a 10,000-metre program.

Conrad Asia Energy has formally approved the Final Investment Decision for its Mako Gas Project in Indonesia, securing full funding and long-term sales contracts, with first gas expected in late 2027.

West Coast Silver is set to commence a 4,000m Reverse Circulation drilling program at its Elizabeth Hill Silver Project, aiming to expand high-grade silver mineralisation and deliver a maiden resource estimate by late 2026.

BMG Resources is advancing its Abercromby and Bullabulling gold projects with a major drilling campaign planned for early 2026, supported by a recent $2.5 million capital raise. The company aims to grow its existing mineral resources and progress towards near-term production.

CGN Resources has expanded its foothold in Western Australia's Leonora gold district with new tenement grants and land access agreements, setting the stage for a robust 2026 exploration campaign.

Truscott Mining has secured a drilling contract to kick off a 2,500-metre RC drilling program at its Westminster Project, alongside appointing a seasoned project geology manager to steer development efforts.

Trigg Minerals has received tentative approval to begin diamond core drilling at its Antimony Canyon Project in Utah, focusing on high-grade stibnite mineralisation on private patented claims. Drilling is set to start before the end of December 2025, marking a key step from exploration to development.

Nelson Resources secures regulatory approval for a major 11,544m drilling program at its Yarri Gold Project, with MEGA Resources backing the $10 million funding and operational management.

Corazon Mining has secured two critical tenements at its Two Pools Gold Project in Western Australia, enabling preparations for a maiden diamond drilling program aimed at confirming high-grade gold mineralisation early next year.