Latest Drilling Programs News

Santana Minerals reports significant high-grade assay results from drilling at the northern extensions of its Rise and Shine gold deposit, bolstering prospects for resource upgrades and mine life extensions.

Bubalus Resources has reported promising maiden drilling results at its Crosbie South prospect in Victoria, revealing high-grade gold mineralisation with significant associated elements. The discovery confirms an intrusion-related gold system with potential for further expansion.

Cobre Limited has initiated an Environmental Impact Assessment and reported strong assay results from its Ngami Copper Project, setting the stage for a maiden Mineral Resource Estimate by August 2025.

Asra Minerals has initiated a significant 3,000m drilling campaign at its Leonora South Gold Project, targeting the Challenge and Eclipse prospects near the existing Sapphire resource. The program aims to validate historic gold mineralisation and could expand the company’s resource base.

Brightstar Resources reports a 25% production increase at its Second Fortune mine and unveils a promising new lode, while ore haulage begins at its Fish underground operation.

Gold Road Resources has agreed to a $3.40 per share acquisition by Gold Fields, combining fixed and variable cash components tied to Northern Star shares. Meanwhile, Gruyere mine production remains steady, with costs edging higher and strong cash flow underpinning the company’s financial position.

Catalina Resources has strengthened its cash position through a strategic asset sale and is progressing drilling programs targeting gold and rare earth elements in Western Australia.

Dreadnought Resources has fortified its balance sheet with an $8.5 million capital raise and secured a $15 million joint venture with Teck Resources, advancing its Mangaroon gold and critical minerals projects.

West Cobar Metals has identified promising new copper, antimony, and silver targets at its Bulla Park project, supported by advanced geological and geophysical analysis. The company plans priority drilling to explore these zones and potentially expand its resource base.

Kula Gold Limited has reported impressive high-grade gold drilling results at its Mt Palmer Gold Mine, completing an 80% JV earn-in, while progressing exploration at Kirup and securing a niobium project approval in Malawi. The company faces a tight cash position but is actively managing funding.

CGN Resources has completed a significant drilling campaign at its Webb Project, uncovering new geological insights, while also expanding its tenement holdings in Western Australia's Leonora gold district and the Paterson Province's Broadhurst Project.

Warriedar Resources has announced a landmark mineral resource upgrade at its Ricciardo deposit, now home to Australia’s largest open-pit antimony resource, alongside significant gold discoveries and a successful A$21 million capital raise to accelerate exploration.