Latest Drilling Preparation News

Red Mountain Mining Ltd is set to recommence exploration at its US antimony projects following winter, supported by US government initiatives and strengthened by a new advisory appointment. The company plans systematic geological mapping and sampling across multiple projects, aiming to advance towards drill testing and resource definition.

Chariot Resources Ltd (ASX: CC9) has independently confirmed the presence of spodumene and pollucite in verification samples from its Fonlo and Iganna lithium projects in Nigeria, reinforcing the interpretation of these sites as lithium-caesium-tantalum pegmatite systems and informing upcoming metallurgical and exploration activities.

Reward Minerals Ltd (ASX:RWD) updates on its Newfoundland projects targeting high-grade gold and copper, highlighting multiple priority targets with no historic drilling and imminent maiden drilling planned for 2026.

Altair Minerals has identified two significant gold anomalies at its South Oko project in Guyana, setting the stage for a major drilling campaign starting in April 2026. The discovery of a blind target beneath duricrust highlights the project's promising potential in a premier gold jurisdiction.

Red Mountain Mining has identified five promising antimony drill targets at its Armidale project in NSW, revealing a significant 3km mineralised system. Drilling is set to begin next quarter, with metallurgical results expected soon.

Marvel Gold has identified promising new mineralisation corridors at its Hanang Gold Project in Tanzania following an extensive drone magnetic survey, setting the stage for a maiden drilling campaign starting in April.

Strategic Energy Resources has secured over $400,000 in Queensland Government grants to fund drilling at its Diamantina Copper and Bulimba Gold projects, accelerating exploration efforts in two promising mineral provinces.

Ragnar Metals has confirmed high-grade gold extensions at its Harnäs Project in Sweden through recent channel and rock sampling, with drilling preparations now underway following regulatory approvals.

Pancontinental Energy has won a crucial 12-month extension for its PEL 87 offshore Namibia exploration licence, enabling further seismic analysis and drilling preparations. This extension keeps the project on track as the company seeks a farmin partner to advance exploration.

Vintage Energy launches a $2.1 million entitlement offer to fund critical oil prospect evaluations and install a permanent connection to the Odin gas field, aiming to cut operating costs and advance drilling plans.

Tasman Resources reports progress on drilling preparations at its South Australian projects, with Fortescue-led heritage surveys set to unlock Titan West drilling this year, while Parkinson Dam faces scheduling delays.

ADX Energy has secured a crucial extension on its loan note repayments, unlocking financial flexibility to advance multiple drilling and development projects across Austria and Italy.