Latest Drilling Operations News

Antares Metals delivered its busiest exploration year yet, reporting high-grade copper, uranium and gold results across Queensland and Western Australia. But the explorer ended FY2026 with just $581,438 in cash, while its auditor flagged a material uncertainty over its ability to continue as a going concern.

Noble Helium has rebuilt its balance sheet ahead of drilling at Tanzania’s North Rukwa project, but its auditor has warned that future capital raisings remain critical to the company’s survival. The Kinambo campaign is now moving from preparation to execution, with two wells planned and a prospective helium resource still to be proven.

Jindalee Lithium has advanced its proposed US Elemental Nasdaq listing and prepared to launch major drilling at McDermitt, but its audited FY26 accounts flag a material uncertainty over ongoing funding. The company ended June with A$13.6 million in cash after raising about A$20.4 million, while reporting a A$7.2 million loss and no operating revenue.

Eastern Gas Corporation reports robust gas indications and steady progress at its Venus-2H horizontal appraisal well in Queensland's Surat Basin, advancing toward a key well intersection and flow testing phase.

Brookside Energy has successfully installed intermediate casing and landed the curve in the Woodford Shale at its Whalers well, progressing drilling into the lateral section as part of its two-well Suttles pad program in Oklahoma’s Anadarko Basin.

D3 Energy has overcome a brief weather-induced pause at its Nooitgedacht helium project in South Africa, with drilling operations set to restart and production testing planned shortly.

Galilee Energy has raised A$3.5 million to fund a sidetrack drilling program at Zydeco-1, targeting 13.7 Bcf of gas and 610,000 barrels of condensate in Louisiana, while selling its Glenaras Gas Project to sharpen focus on US growth.

Eastern Gas Corporation has initiated drilling of the Venus-2H horizontal appraisal well in Queensland’s Surat Basin, marking a significant advancement in evaluating its contingent gas resources and potential commercial development.

Invictus Energy has locked in a revised drilling contract with Exalo Drilling for the Musuma-1 exploration well, confirming a November 2026 spud date at Zimbabwe's Cabora Bassa Project. Preparations including rig maintenance, well services procurement, and wellpad construction are advancing steadily.

Albion Resources has cleared a regulatory hurdle to commence its inaugural drilling at the Gidgee Gold Project, targeting a high-priority gold zone and multiple new anomalies in Western Australia's Gum Creek Belt.

eMetals Limited has secured all necessary approvals to begin a 17-hole diamond core drilling program at its Mineral Range Tungsten Project in Utah, targeting high-grade tungsten mineralisation within a historically productive mining district.

Gateway Mining has kicked off a 2,400-sample soil program across 50 kilometres of structural corridors at Glenburgh South, aiming to replicate the success of Benz Mining’s Glenburgh gold discovery. The program follows detailed magnetic surveys and targets key shear zones with results expected later this quarter.