Latest Drilling Programs News

Power Minerals has landed a A$1.7 million investment from a prominent international resources fund, reinforcing its financial firepower to push ahead with diamond drilling and metallurgy work at the Morro do Ferro Rare Earths Project in Brazil.

TechGen Metals has secured A$2.7 million through an oversubscribed placement to fast-track maiden drilling at its flagship Blue Devil copper-gold project in WA, alongside advancing exploration at Dalgaranga and John Bull gold assets.

Matsa Resources has received the last $1.65 million option instalment from AngloGold Ashanti, bringing total payments to $9.5 million under their Lake Carey project agreement. AngloGold Ashanti must decide by December whether to exercise the $101 million option.

Nimy Resources has uncovered a second significant gold anomaly at its Mons Project in Western Australia, expanding the prospective gold corridor to around 16 kilometres and setting the stage for a maiden drill campaign in the coming quarter.

Taruga Minerals has pinpointed seven high priority exploration targets at its Kol Mountain Project in Papua New Guinea, launching its first active field program focused on a large undrilled copper-gold porphyry anomaly and high-grade gold shear zone.

Alice Queen Limited has contracted a versatile drilling rig to kickstart a multi-phase exploration program at its Horn Island Gold Project, with operations set to begin mid to late July 2026.

Aruma Resources has reported standout wide, high-grade copper and silver drill results from its Phase 1 program at the Tillex Project in Ontario, reinforcing its potential as a major copper development asset.

Fortuna Metals has commissioned its own laboratory in Malawi, accelerating sample processing and cutting assay costs as it nears a maiden resource estimate for its Mkanda rutile and graphite project.

Many Peaks Minerals has reported robust diamond core assay results that extend the Ouarigue mineralised corridor at its Ferké Gold Project in Côte d’Ivoire, alongside ongoing reverse circulation drilling aimed at resource expansion.

Lodestar Minerals’ recent 12,344m drilling campaign at Ned’s Creek confirms high-grade gold continuity and reveals new mineralisation zones beyond the December 2025 Exploration Target, setting the stage for a maiden resource in 2026.

Cosmo Metals has reported encouraging initial assay results from its Kanowna Gold Project near Kalgoorlie, including a standout 2m intercept at 3.72 g/t Au at Don Alvaro. The drilling confirms extensions of mineralisation along the Kanowna Shear Zone, with further assays pending.

Magnum Mining has mapped a substantial 3.3 km² equivalent thorium anomaly at its Wet Mountain rare earths project in Colorado, aligning with historic high-grade assays and setting the stage for initial diamond drilling.