Latest Drilling Operations News

Blaze Minerals has completed its acquisition of an 80% interest in the Loulombo Base Metals Project in the Republic of the Congo and is advancing preparations for its maiden drilling campaign.

Elixir Energy has advanced its strategic plan in Queensland’s Taroom Trough, appointing a new COO, initiating a major cost reduction, and preparing to drill key exploration and appraisal wells that could unlock significant gas resources.

First Au Limited has launched its inaugural diamond drilling program at the Nimba Gold Project in Liberia, securing ownership of a drilling rig to bolster its West African exploration ambitions.

Tesoro Gold reveals a large new gold mineralised zone at its El Zorro Project in Chile, with surface sampling returning high-grade assays up to 22.10 g/t Au. The discovery sets the stage for upcoming drilling campaigns.

TMK Energy is set to drill a new pilot well at its Gurvantes XXXV Coal Seam Gas Project and is making headway in securing strategic partnerships, particularly with Chinese companies experienced in horizontal drilling and fracking.

Aquirian Limited has secured $5 million in fresh capital to upgrade its Wubin emulsion facility and accelerate commercialization of its innovative Collar Keeper® technology, alongside a new $1.5 million tolling contract.

Lakes Blue Energy has raised $6.5 million through a fully underwritten placement to fund the drilling and testing of its Wombat 5 appraisal well in Victoria, positioning itself to address looming gas shortages on Australia’s east coast.

Lakes Blue Energy has obtained Victorian government approval to drill the Wombat-5 appraisal well, a key step toward unlocking significant gas resources amid looming East Coast supply shortages.

Asian Battery Metals has intercepted further massive sulphide mineralisation at its Oval copper-nickel project in Mongolia, expanding the known mineralised zone and confirming geological continuity between key areas.

Mithril Silver and Gold reports compelling high-grade gold and silver channel sampling results from Target 5 at its Copalquin property in Mexico, highlighting a promising new drill target within a district-scale epithermal system.

Perpetual Resources is set to commence its first-ever drilling campaign at the Igrejinha Lithium Project in Brazil’s Lithium Valley, targeting high-grade spodumene pegmatites with results expected in July.

State Gas Limited faces a land access blockade at its Rolleston West Project, prompting legal action to resume critical drilling operations. The dispute threatens to delay progress on promising coal seam gas assets in Queensland's Bowen Basin.