Latest Drilling Programs News

Pursuit Minerals is set to acquire a 100% stake in the high-grade Sascha Marcelina gold-silver project in Argentina’s prolific Deseado Massif, backed by a $4.04 million capital raise to fund aggressive exploration.

Tanami Gold NL has reported robust final assay results from its 2025 drilling campaign at the historic Jims Gold Mine, confirming significant extensions of gold mineralisation. A second drilling phase has commenced, aiming to further delineate the resource before the wet season.

Axel REE Limited has announced a significant inferred rare earth mineral resource of 233 million tonnes at its Caladão Project in Brazil, highlighting strong metallurgical recovery prospects that could substantially increase resource size.

Matsa Resources has locked in a $15 million funding package to fast-track development and exploration at its Lake Carey Gold Project, including advancing the Devon Pit and Fortitude Gold Mines. This capital injection aims to unlock latent value and support feasibility studies and drilling programs.

Nelson Resources has entered a pivotal Right to Mine Agreement with MEGA Resources, securing up to $10 million in funding and mining expertise to advance the Yarri Gold Project near Kalgoorlie.

Flagship Minerals has raised $4 million through a share placement, including a strategic $2.5 million investment from global EPC leader Xinhai, to advance the Pantanillo Gold Project towards feasibility and development.

Redstone Resources has secured $650,000 through a strongly supported placement to fund further exploration at its West Musgrave Copper Project, following encouraging copper and cobalt assay results from recent deep drilling.

Petratherm’s Phase 3 drilling at the Muckanippie Project reveals a significant extension of high-grade titanium mineralisation at Rosewood and discovers a new heavy mineral sands zone at Echo.

Alchemy Resources has delivered compelling assay results from its recent drilling at the Yellow Mountain Project, confirming and extending mineralisation first identified in the 1970s. The standout intercept of 113 metres at 1.17% copper equivalent underscores the project's promising scale and potential.

Argent Minerals has awarded a contract for further diamond drilling at its Kempfield Silver-Polymetallic Project, targeting extensions of previously identified high-grade silver zones. With regulatory approvals secured, drilling is set to begin shortly, aiming to expand the resource amid strong silver prices.

Noronex Limited has raised $750,000 through a strategic placement to fund uranium exploration at its Etango North Project in Namibia, complementing its ongoing copper programs backed by South32.

Connected Minerals has completed its Phase 2 reverse circulation drilling at the Ondapanda Prospect in Namibia, following strong initial results. The company anticipates assay results in three weeks that could further define its uranium potential.