Latest Drilling Operations News

Unico Silver Limited has raised $40 million through a placement to boost drilling and feasibility studies at its Joaquin project, with a share purchase plan also underway for retail investors.

Cauldron Energy’s 2025 drilling campaign at Manyingee South has intersected significant high-grade uranium mineralisation, expanding the deposit’s footprint and reinforcing the Yanrey Project’s potential amid rising global uranium demand.

Haranga Resources is making significant operational progress at its Lincoln Gold Project in California, moving closer to delivering a JORC-compliant resource estimate through underground drilling and infrastructure upgrades.

Temas Resources has launched an accelerated 2,500-metre drilling campaign at its La Blache titanium-vanadium project in Quebec, aiming to refine resource estimates and advance proprietary processing technology.

Red Sky Energy has completed drilling the Killanoola-2 well in South Australia, confirming hydrocarbons but facing low permeability challenges. The well is now suspended, with plans for future completion and stimulation to unlock production potential.

Petratherm Limited has initiated an extensive resource drilling program at its Rosewood Titanium Project, aiming to define a maiden JORC resource over a 40km area. Concurrent environmental baseline studies are also underway to support future mining applications.

Tolu Minerals has secured a $60.5 million capital raise and appointed Dr Chris Muller as CEO, setting the stage for a production restart at Tolukuma Gold Mine in the second half of 2026 alongside a major drilling program.

Xstate Resources has successfully re-listed on the ASX and drilled the Diona-1 well in Queensland, revealing a significant overpressured gas column that could accelerate gas sales by mid-2026.

Genesis Resources advances its exploration portfolio with 100% ownership of the Plavica project in North Macedonia and completes follow-up drilling in Australia, awaiting assay results.

Nelson Resources has submitted a Program of Work for an extensive drilling program at its Yarri Gold Project, with MEGA Resources set to fully fund operations up to $10 million. Drilling is expected to begin shortly after regulatory approval.

Red Sky Energy reports steady production and cash flow growth from its Innamincka and Killanoola projects, while securing a strategic 35% stake in Angola’s Block 6/24, marking a significant step in its international expansion.

Red Sky Energy has officially begun drilling at its Killanoola-2 well in South Australia, marking a significant step in advancing its oil project with promising resource potential and commercial partnerships.