Latest Drilling Preparation News

Solis Minerals has secured a strategic lithium asset in Brazil's Araçuaí–Salinas Lithium Valley and initiated drilling at Mandacaru, while advancing copper projects in Peru with fresh capital backing.

Reward Minerals (ASX:RWD) reported strong gold and copper assay results from its Mountain Pond Project in Newfoundland, with preparations underway for maiden drilling in the September quarter. The company also advanced its potash processing technology and ongoing discussions for the Beyondie Potash Plant in Western Australia.

BOA Resources has secured full ownership of Core Value Australia NL, adding the Thaduna and Green Dragon copper deposits to its Neds Creek portfolio and gearing up for a 15,000m maiden drilling campaign.

88 Energy has boosted its South Prudhoe oil prospects by 35%, securing key assets and advancing drilling plans for Q1 2027 while reducing capital risk in Namibia.

Kali Metals has identified multiple new high-grade gold prospects at its Marble Bar Project, with rock-chip samples hitting up to 53.1 g/t Au and soil sampling revealing extensive gold-in-soil anomalies over previously untested ground.

Reward Minerals has validated high-grade gold and copper mineralisation at its Mountain Pond Project in Newfoundland, advancing towards maiden drilling at the Jackpot Prospect with strong soil sampling at nearby Bingo.

MGX Resources is accelerating development at its Central Tanami gold project with underground exploration and resource drilling, while monetising Koolan Island through a $20.2 million sale plus future revenue share, bolstering its cash reserves.

Lincoln Minerals has kicked off air core drilling at its Minbrie Copper Project in South Australia and secured a $3.1 million placement from a strategic investor to fund exploration and follow-up drilling.

Eagle Mountain Mining’s joint venture with Nittetsu has contracted Boart Longyear for a 6,000-metre drilling campaign at Oracle Ridge, marking a significant step in exploring near-mine copper extensions and testing new geophysical targets.

Invictus Energy has secured critical contracts and initiated rig mobilisation as it prepares to drill the high-impact Musuma-1 exploration well in Zimbabwe's Cabora Bassa Basin in H2 2026.

TechGen Metals has completed all preparations for maiden drilling at its Blue Devil copper-gold project in WA, uncovering a new gossanous zone at Red Devil with high-grade assays pending.

Pioneer Minerals has completed a critical airborne VTEM survey over its Springfield Tungsten-Gold-Gallium Project in Idaho, setting the stage for maiden drilling after integrating multiple datasets and securing key approvals.