Latest Drilling Plans News

Asara Resources has more than doubled its Kada Gold Project resource to 2.1 million ounces, including 1.3 million ounces in the indicated category, following a 73,000-metre drilling campaign. The company is fully funded to complete a Definitive Feasibility Study by mid-2027, positioning itself for rapid development in Guinea’s prolific Siguiri Basin.

Sonic core drilling at Waratah Minerals' Gum Flat has revealed broad zones of shallow gold mineralisation, expanding the Spur Gold Zone approximately 150 metres westward undercover and opening a significant new exploration target.

C29 Metals has locked in binding commitments for a $2.4 million share placement at 1.2 cents per share, pending shareholder approval at the upcoming AGM. The funds aim to accelerate exploration at its Sampsons Tank project and fuel global acquisition ambitions.

New Age Exploration (ASX: NAE) has appointed a drilling contractor to kick off a focused two-hole, 300-meter campaign at its Wallah Silver Project in NSW, aiming to confirm high-grade silver-polymetallic mineralisation beneath the historic Walla Walla mine.

Castle Minerals has raised $4 million through a share placement to fast-track exploration at its Nielle Gold Project in Côte d'Ivoire and support its Western Australian portfolio. The funding positions Nielle as the company’s flagship asset with near-term drilling plans underway.

West Cobar Metals is broadening its scandium exploration at Salazar by adding the Benriach Prospect to its Q4 2026 air-core drilling program, aiming to tap near-surface scandium enrichment and higher-grade zones within its existing resource.

Echelon Resources (ASX:ECH) reported a 341% jump in net profit to A$28.2 million for FY26, driven by stronger gas prices and a A$12.1 million gain from its exit of Cue Energy. The group also repaid A$37 million of debt, leaving it well positioned for upcoming gas drilling at Palm Valley.

Horizon Oil Limited delivered record FY26 production of 2.15 million barrels of oil equivalent and expanded its reserves by 51% to 13.6 million boe, driven by strategic acquisitions and disciplined capital management.

Xpedra Resources has unveiled its deepest drilling results at the Springfield Gold Deposit in NSW, confirming broad, continuous gold mineralisation over 400 metres of strike and extending the deposit's known depth.

Talonx Resources is gearing up for a fresh RC drilling campaign at its Beaker 2 Prospect within the Viking Gold Project to underpin a maiden Mineral Resource estimate. The program aims to extend high-grade gold zones and densify drilling in the shallow oxide gold area, which remains open-ended.

Middle Island Resources has defined extensive gold anomalies at two new prospects within its Priboj Project, setting the stage for initial drilling in a previously unexplored region.

Horizon Gold has unveiled significant gold intercepts from recent RC drilling at its Gum Creek Project, notably confirming an 800-metre southern extension at the Howards prospect alongside promising results at Heron South and Melbourne Bitter, underpinning potential resource growth ahead of planned updates.