Latest Drilling Program News

Great Northern Minerals (ASX: GNM) reported a $3.8 million loss for FY26 amid major US acquisitions, including the Iron Butte gold-silver project with a maiden resource of 480,000 oz gold and 11.5 million oz silver, and the Catalyst Ridge rare earths project. The company also completed a $2 million divestment of its remaining Golden Ant interest.

Maronan Metals has marked a transformative year with a positive Preliminary Economic Assessment, grant of a key Mineral Development Licence, and two capital raises totaling nearly A$40 million, positioning the company for accelerated development of its Queensland silver-lead and copper-gold project.

Citigold and Native Mineral Resources have partnered to explore and potentially mine four tenements near Charters Towers, with Native taking operational control of exploration and possible mining.

Native Mineral Resources (ASX:NMR) has secured exclusive rights to explore and potentially mine four tenements near its Blackjack operation through a joint venture with Citigold (ASX:CTO). The staged agreement allows NMR to assess mineralisation before deciding on mining, with cost recovery and profit sharing structured to align both parties.

True North Copper is expanding its Mt Oxide copper district with the Aquila-Chidna discovery now stretching over 2.3km, while progressing a prefeasibility study at Cloncurry due late 2026.

Javelin Minerals has launched a significant diamond drilling campaign targeting two major deep gold-copper anomalies at its Coogee Project in WA, supported by WA Government funding.

Cazaly Resources has completed the grant of all five tenements for its Romano Gold Project, finalising Dundas Minerals’ 80% earn-in joint venture with a $1.7 million cash and shares consideration. The project lies adjacent to the 6Moz Gruyere gold mine, setting the stage for systematic exploration.

TMK Energy’s Gurvantes XXXV Pilot Well Project saw a 4% increase in average daily gas production in August 2026, reaching approximately 28,600 scfd. The company has signed a drilling contract with Major Drilling to kick off a 2026 drilling and well re-completion campaign, while its Gas to Power Project nears operational readiness.

Marmota Limited has ramped up its maiden drilling campaign at the Greenewood gold discovery to 31,000 metres, focusing on the Mainwood zone to extend mineralisation and support an upcoming scoping study.

AusQuest’s latest diamond drilling at the Cangallo project in Peru pushes copper mineralisation down to at least 800 metres and reveals multiple higher-grade zones, reinforcing the scale of this emerging porphyry system.

Middle Island Resources has unveiled substantial copper anomalies at its Jelaca and Oglavak prospects within the Priboj Project, bolstering its volcanogenic massive sulphide exploration thesis.

Dalaroo Metals has kicked off a fully funded 12,000-metre RC drilling campaign at its Bondoukou Gold Ridge Project in Côte d’Ivoire, targeting a 7 km gold-in-soil corridor with multiple high-grade prospects and promising early geological signs.