Latest Drilling Programs News

Redstone Resources reports promising copper and cobalt assay results from deep drilling at its West Musgrave project, supported by multiple government grants and a recent $650,000 capital raise to advance exploration.

Magmatic Resources has completed its maiden drilling at the Weebo Gold Project, revealing promising high-grade gold mineralisation and securing a $3.5 million exploration budget for its Myall JV with FMG Resources.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading US-focused uranium developer with a diversified project portfolio. The announcement also highlights a maiden high-grade resource at Maybell and ongoing promising drilling at Pine Ridge.

Equinox Resources reports promising rare earth results in Brazil while facing a legal challenge over Aboriginal heritage sites at its Hamersley Iron Ore Project in Western Australia. The company also divests a Canadian asset and prepares for leadership changes.

Cavalier Resources has raised $2.14 million through a discounted share placement to fund a 5,000m extensional drilling program at its Crawford Gold Project, aiming to underpin future mining stages. The revised Pre-Feasibility Study confirms robust economics with a strong NPV and IRR.

Midas Minerals has achieved a key milestone in acquiring the Otavi Copper Project in Namibia and commenced drilling at the nearby South Otavi Project, backed by a fresh $11.5 million capital raise.

Ballymore Resources has reported strong high-grade gold assay results from its Dittmer Project in Queensland, alongside key regulatory progress and a successful $4.5 million capital raise to fund ongoing exploration.

Desert Metals Limited confirms a substantial high-grade gold system at its Adzope project in Côte d’Ivoire, following a successful diamond drilling campaign. The company also advances exploration at Tengrela South while streamlining its portfolio by relinquishing Western Australian tenements.

High-Tech Metals has made significant strides in advancing its Mt Fisher and Mt Eureka gold projects, completing drilling and securing key approvals to fast-track production. Strategic joint ventures and a strengthened leadership team position the company for near-term growth.

Paterson Resources has completed a $1.7 million capital raise, positioning itself to launch an 8,500-meter drilling campaign at its Grace Gold-Copper Project in Western Australia’s Paterson Province. This program aims to upgrade the project’s resource classification and support a mining lease application.

Alara Resources has reported a significant production uplift at its Al Wash-hi Majaza mine following the commissioning of two new tailings filter presses, alongside securing the Daris 3A5 mining license and initiating drilling at the Al Mansur Prospect.

DY6 Metals has significantly expanded its Central Rutile Project in Cameroon, confirming high-grade rutile mineralisation and securing A$4.625 million to accelerate exploration. The company also initiates a strategic review of its Malawian rare earth portfolio amid growing market interest.