Latest Drilling Programmes News

QMines is spending $2.388 million on two freehold properties that remove a key access constraint over the Botos deposit near Mt Chalmers. The acquisition clears the way for modern drilling, but the deposit remains an untested conceptual opportunity rather than a defined resource.

Neu Horizon has completed the main phase of its Swedish uranium exploration campaign, collecting more than 12,000 line kilometres of airborne geophysical data across its portfolio. The company is now integrating the results and refining targets for a maiden drilling programme planned for early 2027, subject to permitting.

Mandrake Resources has secured the final regulatory approval for a planned 3,200-metre gold-copper drilling programme at its Berinka project in the Northern Territory. Mobilisation is scheduled for October, putting the company’s next exploration milestone within reach.

Dreadnought Resources has sharply reduced its FY2026 loss while building a larger exploration portfolio and advancing two high-grade gold deposits toward potential production. The ASX-listed explorer ended the year with $15.7 million in cash, but remains dependent on funding until operating income arrives.

Prospect Resources has expanded drilling at Nyungu Central after returning a 27-metre copper intercept outside the existing resource, while maiden drilling at Sharamba confirms a new copper discovery. The results add momentum to Mumbezhi’s growth story, but most Phase 3 assays remain outstanding and no resource update has yet been made.

Miramar Resources has secured A$1.25 million to fund drilling and early development work at its 80%-owned Gidji JV Gold Project near Kalgoorlie. The raise will target resource growth at Marylebone and Highway while testing deeper bedrock prospects at Marylebone and Lake.

Unity Metals has identified multiple new gold-anomalous zones across 1,063 metres of trenching at its Ngot and O’Phlay projects in Cambodia. The work also showed that drilling at Ngot NE was poorly oriented to intersect the interpreted mineralisation, setting up a revised drilling campaign.

Toubani Resources has reported high-grade RC drilling at Foroko, a satellite deposit 3km from the Kobada processing plant in Mali. The results are sufficient for Foroko to be considered in an October Mineral Resource Estimate update, but no additional ounces have yet been declared.

Pilbara Gold has reported broad and high-grade gold intersections at its 2.1Moz Mt York project, including mineralisation about 100 metres below the current resource. The results support ongoing resource classification work, while deeper drilling and further assays could determine how much growth is ultimately added.

Evolution Energy Minerals has moved its Chikundo Copper Project from surface exploration to subsurface testing, with a 3,350-metre reverse circulation campaign now underway in southern Tanzania. The programme will first target the Malachite Pit and main Chikundo anomaly before optional holes assess three additional prospects.

ADX Energy has secured a potential funding partner for its next Austrian gas well, with Empyrean Energy offering EUR 555,400 for a 10% economic interest in the GOLD Cluster Area. The arrangement remains conditional on a final investment agreement before drilling is expected to begin in the fourth quarter of 2026.

Charger Metals has mobilised an RC rig for a 10,000m programme aimed at expanding and upgrading confidence in its 10.6Mt Medcalf lithium resource. The work is funded by the $3.752 million cash sale of the Bynoe Lithium Project and comes as Charger commits to a scoping study at Lake Johnston.