Latest Drilling Preparation News

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.

Viking Mines’ tailings sampling at Nevada’s Linka Tungsten Project reveals minimal leftover tungsten, affirming strong historical recovery and bolstering confidence before maiden drilling in July.

Infinity Mining has flagged significant concerns over the historical copper resource estimate at its Cangai Project, prompting a comprehensive revision expected within three months.

Clara Resources has secured options over 111 square kilometres of new tenure along the Kingsborough Fault corridor at its Mareeba Gold Project, consolidating a district-scale landholding rich in gold, antimony and tungsten prospects.

Belararox’s latest geophysical work at its Kalahari Copper Project in Botswana reveals promising geological continuity extending from the nearby Khoemacau mining district, setting the stage for drilling to begin in July.

Nimy Resources has uncovered a second significant gold anomaly at its Mons Project in Western Australia, expanding the prospective gold corridor to around 16 kilometres and setting the stage for a maiden drill campaign in the coming quarter.