Latest Drilling Preparation News

Patagonia Lithium reported promising lithium assay results from ongoing drilling in Argentina and has secured a strategic funding partnership to support its next development phase.

Desert Minerals Limited has successfully listed on the ASX following a $5 million IPO and is progressing exploration preparations for its gold and lithium projects in Australia and the USA. The company is set to commence drilling in early 2026, backed by a strong cash position and a cornerstone investment from Snow Lake Energy.

D3 Energy has reported encouraging progress in its South African helium and methane operations, highlighted by improved gas flow rates from the Nooitgedacht Major well and an upgraded US OTCQX listing to broaden investor reach.

Koba Resources has reported remarkably high tin assay results up to 26.1% from initial rock chip sampling at its Stannary Hills Tin-Tungsten Project in Queensland, setting the stage for a maiden drilling campaign in early 2026.

Lion Energy has locked in funding for its Bula Karang-1 well in Indonesia’s East Seram PSC, with drilling set for mid-2026. Meanwhile, the company is holding back on its green hydrogen project pending government grants.

Evolution Energy Minerals has completed an extensive soil sampling program at its Chikundo Copper Project in Tanzania, setting the stage for a targeted drilling campaign in 2026.

Trek Metals reports exceptional high-grade manganese rock chip assays up to 60.1% Mn at its Kuro Prospect, extending mineralisation over 750 metres and aligning with strong gravity anomalies. Drill preparations and heritage assessments are underway to unlock the discovery’s full potential.

Bass Oil reported steady December production with a notable gas sales agreement for the Vanessa field, signaling a strategic shift towards gas commercialization.

Basin Energy has completed its initial drilling phase at the Sybella-Barkly rare earth and uranium project, significantly expanding its landholding and setting the stage for further exploration in 2026.

Bulletin Resources has sold three non-core tenements of its Lake Rebecca Gold Project to Ramelius Resources for $500,000, enabling a strategic focus on its larger, recently acquired gold ground. The company remains well funded and is advancing exploration plans on high-potential targets.

Bindi Metals has identified several promising gold prospects along a 2.5 km corridor at its Ravni Gold Project in Serbia, supported by extensive sampling and historic data. A detailed geophysical survey and drilling program are set to follow, aiming to refine and test these targets.

EV Resources is advancing its Los Lirios antimony project with drilling set to begin in January 2026 and engineering nearing completion for the Tecomatlán processing plant refurbishment, aiming for production by mid-2026.