Latest Drilling Plans News

Magnum Mining has completed more than 10,000 metres of drilling at its Piracanjuba North rare earths project in Brazil and is shifting its main effort to the 32.5km² Plateau Zone. A further 2,000-metre diamond drilling phase will run alongside independent resource, radiological and metallurgical studies, although delayed assay turnaround creates a risk to the company’s November timetable.

Neu Horizon has completed the main phase of its Swedish uranium exploration campaign, collecting more than 12,000 line kilometres of airborne geophysical data across its portfolio. The company is now integrating the results and refining targets for a maiden drilling programme planned for early 2027, subject to permitting.

Mandrake Resources has secured the final regulatory approval for a planned 3,200-metre gold-copper drilling programme at its Berinka project in the Northern Territory. Mobilisation is scheduled for October, putting the company’s next exploration milestone within reach.

Central Petroleum has swung to a $4.9 million FY2026 statutory loss after writing down two Amadeus Basin permits, but its gas business generated higher revenue and margins. The company is now betting on Palm Valley drilling, long-term contracts and new east coast acreage to restore growth.

Nexus Minerals has more than doubled the Wallbrook Gold Project’s Mineral Resource to 631,000oz, adding maiden resources at Payns and Branches. Combined with Pinnacles, group resources now stand at 709,000oz, although most Wallbrook ounces remain Inferred and no Ore Reserve has been defined.

Mt Malcolm Mines has identified four copper-gold exploration targets across its Malcolm Project, led by selective Braiser rock chips grading up to 1.37% copper. The broader target inventory is promising but remains early-stage, with no new drilling completed and most geochemical signals still awaiting laboratory verification.

OD6 Metals has identified high-grade fluorspar at North Horseshoe Canyon in Nevada, with selective rock-chip assays reaching 60% CaF2. The results expand an interpreted 1.5-kilometre target corridor linking the Horseshoe and Big Jim areas, but drilling is still needed to establish continuity, thickness and scale.

PC Gold has identified a historically sampled high-grade domain at Spring Hill, with a composite 20.35m channel result grading 13.04g/t gold outside the current resource estimate. The target has not been drilled, leaving continuity and true width unresolved ahead of planned testing in late September.

Meeka Metals has lifted its group Mineral Resource to approximately 1.5 million ounces after adding a maiden 270koz estimate for Mt Holland in Western Australia. The expansion comes with a sharper distinction between exploration potential and mine-ready inventory, as Ore Reserves fell to 355koz after depletion and portfolio changes.

Miramar Resources has secured A$1.25 million to fund drilling and early development work at its 80%-owned Gidji JV Gold Project near Kalgoorlie. The raise will target resource growth at Marylebone and Highway while testing deeper bedrock prospects at Marylebone and Lake.

Deep Yellow reported a A$13.3 million FY2026 profit and moved its Tumas uranium project closer to a targeted fourth-quarter investment decision. The company remains debt free, but acknowledges it will need external capital to fund construction.

Dart Mining has confirmed high-grade tin in four selective rock-chip samples from its Walwa project in Northeast Victoria, including 3.96% tin with elevated tantalum and niobium. The results strengthen the case for maiden diamond drilling planned for October, but do not establish representative grades or a mineral resource.