Latest Drilling Programs News

Horizon Minerals has agreed to sell its Lake Johnston Project to Forrestania Resources for $35 million, aiming to refocus on advancing its Black Swan gold operations.

Horizon Minerals has agreed to sell its Lake Johnston Project for $35 million to Forrestania Resources, aiming to bolster funding for its flagship Black Swan gold project. The deal combines cash and shares, positioning Horizon for growth and operational advancement.

Argent Minerals has reported its highest silver grades to date at the Kempfield Project, intersecting over 200 metres of mineralisation including exceptional high-grade zones. The company is gearing up for an extensive follow-up drilling program to expand its promising polymetallic resource.

TG Metals has significantly expanded gold-in-soil anomalies at its Gold City prospect near Van Uden, increasing drill targets to four and setting the stage for early 2026 drilling. Pending assay results and ongoing exploration hint at a growing gold opportunity in Western Australia.

Tamboran Resources has sanctioned its Shenandoah South Pilot Project, completed a record drilling campaign, and is progressing infrastructure to deliver gas to the Northern Territory by mid-2026. The company also announced a planned acquisition of Falcon Oil & Gas and raised $56 million in a public offering.

Rincon Resources has reported robust gold and copper assay results from its recent drilling at the Hasties Main deposit, extending mineralisation by 150 meters and confirming grades comparable to the nearby Telfer Mine.

Chilwa Minerals reports robust assay results from 347 sonic drill holes at the Mpyupyu Flats deposit, reinforcing its resource base and progressing a scoping study for early 2026.

Riedel Resources has contracted Energold Drilling Corp to undertake a 1,100m diamond drilling campaign at its Kingman Gold Project in Arizona, aiming to extend high-grade gold and silver mineralisation and support metallurgical testing.

Kincora Copper Limited has closed a C$4 million non-brokered financing and expanded its exploration portfolio with eight active projects, advancing drilling programs alongside major partners. The company reported a net loss of CAD 2.786 million for the nine months ended September 30, 2025.

G50 Corp has initiated core drilling at its Golconda Project in Arizona, aiming to expand on a recent high-grade gold and silver discovery and explore new mineralisation zones. This move underscores the project's strategic importance amid growing demand for precious and strategic metals.

Trigg Minerals has expanded its Tennessee Mountain Tungsten Project in Nevada by acquiring contiguous claims that consolidate a district-scale mineralised system, setting the stage for modern exploration and resource definition.

Pacgold has completed its maiden drilling at White Lion, intersecting promising gold mineralisation, while extending the Jerry Dodds lode strike to 1.8km, both discoveries supporting further exploration in 2026.