Latest Drilling Programs News

Daly Resources has posted a $352,743 loss for FY2025 amid aggressive expansion of its exploration portfolio, including the acquisition of the Huckitta and North Batten projects. The company is gearing up for a $10 million IPO in 2026 to fund its base metals and fluorite exploration ambitions.

Ballymore Resources has secured $5.2 million through an oversubscribed capital raise, boosting its capacity to fast-track exploration across multiple Queensland projects.

Accelerate Resources has initiated a 1,200m reverse circulation drilling program at its newly identified Spencers gold prospect within the expanded Balagundi Gold Project, aiming to validate and extend promising shallow gold mineralisation.

Lightning Minerals' late 2025 soil sampling along the Drummer Fault has revealed multiple new gold targets over a 3.9km strike, reinforcing the continuity of mineralisation and setting the stage for a fully funded Phase 2 drilling campaign starting mid-July 2026.

Mandrake Resources has secured a drilling contract to advance exploration at its Berinka Project in the Northern Territory’s Pine Creek Orogen, targeting gold and copper mineralisation with a 3,200m reverse circulation program planned for August 2026.

BOA Resources Ltd has voluntarily suspended trading of its shares on the ASX pending a potential acquisition announcement, with the suspension expected to last up to five trading days.

Unity Metals reveals new drilling results from its Ngot Gold Project in Cambodia, highlighting a 5m intersection at 1.8 g/t gold and geological evidence of thickening diorite intrusion beneath basalt cover at Rohav Mountain.

Maiden drilling at Austral Resources' Canyon Prospect reveals a significant copper oxide system extending over 1.2km strike near the Mt Kelly SX-EW facility, with intercepts including 24m at 1.03% copper. The mineralisation remains open, offering substantial upside and potential to leverage existing processing infrastructure.

McLaren Minerals reports exceptional heavy mineral assay results from its ongoing drilling at the McLaren Titanium Project, with bonanza grades up to 34.6% HM and promising extensions beyond current resources.

Infinity Metals has secured a two-year exclusive option to acquire 100% of the high-grade Swansea copper mine in Arizona and raised A$2.25 million via a discounted placement to fund exploration and acquisition costs.

Stavely Minerals has launched a deep diamond drilling program at its Freddy’s Find gold-silver prospect in western Victoria, targeting extensions below significant shallow mineralisation and exploring a large-scale porphyry system nearby.

Kingston Resources secures $12.9 million through placement and entitlement offer to fund a 25,000m drilling program and plant expansion at its Mineral Hill polymetallic mine, bolstering cash reserves to $32.3 million ahead of a planned operational restart.