Latest Drilling Programs News

Horizon Oil Limited reported a 13% increase in production for FY25, driven by the Mereenie acquisition and infill drilling success, while completing a transformative acquisition of Thailand assets. Despite softer oil prices, the company declared a final unfranked dividend, underscoring robust cash flow and strategic growth.

Lachlan Star Limited has raised $2.162 million through a share placement to fund critical drilling programs at its gold and copper projects in Western Australia and New South Wales.

Gold Mountain Limited reports exceptional rare earth element intersections from 19 drill holes at its Down Under Project in Brazil, highlighting significant Magnet Rare Earth Oxide concentrations and advancing resource drilling plans.

S2 Resources has initiated reverse circulation drilling at the Yalgamine soil anomaly within its West Murchison project, targeting a significant copper-platinum-palladium-gold zone. Assay results are expected by early October, while drilling permits progress for the Warraweena project in NSW.

Pacgold Limited has identified a compelling high-intensity induced polarisation gold target at its White Lion Prospect in Queensland, with maiden drilling set to begin in September 2025. The discovery highlights promising geophysical anomalies that could expand the company’s resource base.

Arika Resources has significantly expanded its Kookynie Gold Project footprint by acquiring over 100 square kilometres of highly prospective gold tenements in Western Australia's Northeastern Goldfields, positioning itself as a major player in the district.

Terra Metals has raised $15 million through an institutional placement led by cornerstone investors to fast-track exploration and development at its polymetallic Dante Project in Western Australia.

Greatland Resources Limited has reported a robust unaudited FY2025 result, generating $337.3 million net profit after tax from seven months of Telfer gold-copper mine operations, alongside a successful ASX listing and strong cash flow.

Golden Horse Minerals’ latest Down Hole Electromagnetic survey at Hopes Hill reveals multiple large conductive anomalies, supported by recent high-grade drill results, signaling promising deeper gold mineralisation. Complementary soil geochemistry across regional prospects further sharpens drill targets.

Stellar Resources has reported a significant tin discovery at its Severn deposit, revealing a high-grade core that could expand and upgrade the Heemskirk Mineral Resource Estimate. The company is accelerating drilling and prefeasibility studies, signaling strong growth potential.

AusQuest Limited reports significant expansion of its Cangallo porphyry copper system in southern Peru, with upcoming diamond drilling poised to unlock deeper mineralisation insights.

Ora Banda Mining's initial drilling at Round Dam Trend reveals multiple high-grade gold lodes, highlighting significant open pit and underground mining prospects.