Latest Drilling Programs News

Redcastle Resources has reported robust new gold assay results from its Queen Alexandra grade-control drilling, reinforcing the deposit's potential and underpinning plans for pit expansion into a newly granted mining lease.

Power Minerals has pushed the boundaries of high-grade rare earth mineralisation at its Morro do Ferro project in Brazil, with drillhole MFSR-054 revealing continuous mineralisation to 186 metres and a new high-grade zone near the bottom of the sampled interval.

Tivan Limited’s latest bulk assays from Timor-Leste confirm high-grade copper and gold mineralisation, sharpening focus on the Vemasse and Scorpion prospects for drilling later this year.

Native Mineral Resources (ASX:NMR) has reported robust initial assay results from its North Pit drilling at Blackjack, Queensland, highlighting significant gold mineralisation with broad high-grade intervals.

Tolu Minerals has locked in a K95 million (approx. A$30 million) debt facility from a Papua New Guinea bank, complementing its A$50 million cash reserves to fully fund the restart of its Tolukuma Gold Mine. Production is targeted for the first quarter of 2027, with an updated Mineral Resource Estimate due imminently.

Infini Resources has kicked off an extensive 5,000-meter diamond drilling campaign at its Portland Creek Uranium Project in Newfoundland, aiming to unlock a large hydrothermal uranium system revealed by recent geophysical surveys.

Lunnon Metals has wrapped up mining at Lady Herial ahead of schedule, producing gold volumes and financial outcomes closely matching its January 2026 Feasibility Study, generating approximately $39 million pre-tax free cash flow.

Corazon Mining has secured key gold rights over two tenements near its Chalice Gold Project, unlocking historic high-grade targets and extending its greenstone belt tenure to over 40 km. The acquisition dovetails with a recently defined Exploration Target, positioning Corazon for resource growth in a prolific WA gold district.

Dreadnought Resources has extended gold-in-soil anomalies at its Bordah prospect within the Mangaroon Gold Project to more than 10 kilometres in strike and 2 kilometres wide, unveiling two compelling new targets: a large-scale intrusion-related gold system and a stronger tungsten-in-soil anomaly than the nearby Nina tungsten target.

Catalina Resources is gearing up for maiden drilling at its Tallering Santy target in November 2026 while pushing Kirkalocka towards drill-ready status and launching first-ever fieldwork at Warriedar.

Maronan Metals appoints experienced mining executive Andrew Graham as Managing Director and CEO, marking a key leadership transition to advance its Maronan Project through drilling and feasibility milestones.

Discovery Alaska Limited posted a $459,211 loss for FY2026 amid exploration write-offs and ongoing project development. The company secured $354,000 in a private placement and lined up a $900,000 placement to fund its Idaho and Western Australia gold-silver ventures.