Latest Drilling Programs News

Beacon Minerals reported solid gold production of 7,365 ounces in the June quarter, maintaining steady operations at its Jaurdi Gold Project while emphasizing a strategy to retain gold bullion as a liquid asset.

GBM Resources has received the initial $400,000 payment from Lithium Energy as part of a staged $3.2 million sale of its Mt Morgan Gold-Copper Project, marking a key step in its strategic asset divestment.

Star Minerals has made significant strides in developing its Tumblegum South Gold Project, signing a key MOU with MEGA Resources and completing a $1.6 million capital raise to support upcoming mining activities.

Lithium Energy Limited has completed the first tranche acquisition of a majority interest in the Capricorn Gold-Copper Belt Project, unlocking access to a historically rich gold-copper region in central Queensland. The company is poised to deploy modern exploration techniques backed by government funding to advance the project.

DY6 Metals has raised A$4.625 million through a placement to accelerate exploration of its rutile projects in Cameroon, alongside appointing industry veteran Cliff Fitzhenry as CEO to lead the charge.

Patagonia Lithium has announced a 319% increase in its Formentera Lithium Brine Project resource to 551,400 tonnes of lithium carbonate equivalent, underpinned by high porosity and lithium grades. The company plans a 1,000 tonnes per annum demonstration plant in 2025/26, leveraging proven Ekosolve extraction technology.

Verity Resources is set to begin a 3,600m drilling campaign at its Monument Gold Project in Western Australia, aiming to upgrade and expand its existing gold resource. The program targets increasing confidence in the Korong deposit and advancing towards a mining licence.

VBX Limited has successfully listed on the ASX and revealed strong preliminary feasibility results for its Wuudagu Bauxite Project, positioning itself to capitalize on rising bauxite demand and supply uncertainties.

Infini Resources is refining its exploration model at the Portland Creek Uranium Project after promising Phase 1 drilling results, setting the stage for a critical Phase 2 diamond drilling campaign in Q3 2025.

King River Resources has reported significant gold assay results from its April 2025 drilling at Kurundi Main and promising geochemical anomalies at Kuiper, setting the stage for imminent drilling at these Northern Territory targets.

Future Battery Minerals has kicked off a 1,500m reverse circulation drilling campaign at its Miriam Project in Western Australia, targeting promising gold prospects Forrest and Canyon. Results are expected by early September, with plans to advance Forrest to a Mineral Resource Estimate later this year.

Indiana Resources appoints seasoned mining executive Matthew Bowles as Managing Director to spearhead expansion at its Minos Gold Project, while promoting John Fitzgerald to COO amid a strong cash position.