Latest Drilling Intercepts News

Cadoux Limited has inked a joint venture to earn up to 80% of the Wimmera Mineral Sands Project in Victoria, revealing promising high-grade drilling results at its Danube prospect. The project aims to feed Cadoux’s Minhub processing hub, targeting critical heavy rare earths supply.

Legacy Minerals has kicked off an 885m drilling campaign at McMahons Reef within its Harden Gold Project, funded by Hill Tops Gold under a joint venture. Meanwhile, Rio Tinto Exploration has withdrawn from the Thomson Project, returning 100% ownership to Legacy Minerals.

Bison Resources has appointed Tim Mackellar as CEO, leveraging his senior mining and capital markets experience to drive exploration and development efforts.

Somerset Minerals has unveiled high-grade copper results up to 9.26% from its 2026 diamond drilling at Jura, Nunavut, while gearing up for maiden drilling at the extensive Talisker anomaly, signalling a busy exploration year ahead.

Adavale Resources has boosted its Parkes Project gold resource by 44% to 166,000 ounces through a 100% scrip acquisition of the Calarie mining licence and three exploration licences, consolidating its belt-scale position in NSW’s Lachlan Fold Belt.

NewPeak Metals’ maiden drilling at Tansey Gold Project reveals gold mineralisation extending beyond historic South Burnett mine boundaries and uncovers a previously unknown parallel structure, setting the stage for targeted resource drilling.

Platina Resources has appointed Dr Paul Polito as Managing Director and CEO, bringing over 30 years of exploration expertise to lead its Western Australian gold projects. His remuneration is heavily tied to operational milestones and share price performance.

Terrain Minerals has extended its induced polarisation survey by 4km over three historically significant gold targets at Smokebush, applying the same technique that revealed the 600-metre Lightning chargeability anomaly, with results and a maiden resource estimate due in July 2026.

Dreadnought Resources has secured a mining lease for its Metzke’s Find deposit within the Illaara Gold Project, a key step towards commercial production of its 14,900 oz high-grade gold resource. The lease enables infrastructure development and supports ongoing drilling that aims to expand the resource.

Forrestania Resources has secured a strategic gold tenure package in Western Australia's Newington district through a $1.5 million share-based acquisition of Midas Minerals’ Newington project, complemented by milestone-linked deferred payments.

Lachlan Star’s maiden diamond drilling at New Waverley confirms shallow, high-grade gold mineralisation within a continuous shear corridor, setting the stage for an extensive follow-up drilling campaign.

Many Peaks Minerals has raised A$27.5 million through a placement to fund extensive drilling and a pre-feasibility study at its Ferké Gold Project and other Côte d’Ivoire assets.