Latest Drilling Operations News

Elixir Energy has commenced drilling at the Lorelle-3 appraisal well in Queensland’s Taroom Trough, targeting significant gas resources with plans for advanced testing by mid-2026.

3D Energi’s Charlemont-1 exploration well has intersected probable gas reservoirs in multiple Waarre sandstone layers offshore Victoria’s Otway Basin, marking a promising step in the company’s exploration program.

Magnum Mining has resumed drilling at its Palmares and Azimuth rare earth projects in Brazil, advancing high-grade targets with assay results expected by the end of January.

Australis Oil and Gas has completed a pivotal financing transaction with EQV Partners, transferring 90% interest in its producing wells and clearing its debt with Macquarie Bank. This move reshapes its operational and financial landscape as it prepares for upcoming drilling activities.

Triton Minerals reports encouraging geological signs from its maiden drilling at the Aucu Gold-Copper Project despite operational hurdles, while legal delays stall the completion of its 70% graphite asset sale.

Buru Energy is actively pursuing funding for its 2026 drilling campaign to validate resources at the Rafael Gas Project, aiming for a Final Investment Decision in the second half of 2026 and first cashflow by 2028.

3D Energi has commenced drilling the Charlemont-1 gas exploration well offshore Victoria, targeting a substantial 93 billion cubic feet of gas with promising geological indicators. This marks a key step in the Otway Exploration Drilling Program aimed at bolstering East Coast gas supplies.

Somerset Minerals has raised A$3.7 million through a dual placement to fund an aggressive 2026 drilling campaign at its Coppermine Project in Nunavut, targeting high-grade copper extensions and new discoveries across a vast landholding.

TechGen Metals has received key approvals to commence drilling at its Mt Boggola Copper-Gold Project, targeting four compelling geophysical anomalies supported by strong surface mineralisation.

Solis Minerals has secured drilling permits for its Cinto Copper Project in southern Peru, setting the stage for a maiden diamond drilling campaign targeting promising geochemical and geophysical anomalies near major copper mines.

Emu NL announces a key board reshuffle with the appointment of geologist James Knowles and begins drilling at its promising Fiery Creek copper prospect.

Southern Cross Gold has secured approval for its underground exploration tunnel at the Sunday Creek project, marking a pivotal step towards mine development and enhanced resource definition.