Latest Drilling Programs News

Novo Resources narrowed its Q1 2026 net loss to CAD 685K, boosted cash to CAD 10.6M following a $5.9M placement, and outlined aggressive gold and antimony drilling campaigns in Australia.

Dynamic Metals has cleared a key environmental hurdle at its Meentheena Fluorspar Project in Western Australia, completing baseline flora and fauna surveys with no major constraints detected. This progress supports the company’s push to develop a critical mineral resource vital for semiconductor and energy industries.

WA1 Resources has boosted the Indicated Mineral Resource at its Luni Niobium Project by 20 Mt, lifting the high-grade subset and reinforcing its global significance in critical metals.

Maritana Minerals has launched a Phase 2 drilling campaign at its Burbanks Gold Project, aiming to deepen and expand its high-grade resource to support future mining and ore delivery to Black Swan.

Critical Resources has lodged an application to extend its Croesus gold-tungsten permit in New Zealand, targeting a broader tungsten system with historic grades up to 42.6% WO3. This move comes as tungsten prices surge over eightfold due to global supply constraints.

Forrestania Resources has upgraded its Johnson Range gold resource to 130,730 ounces, marking a 26% increase supported by recent drilling and independent estimation.

Marimaca Copper Corp. reported a robust cash position of $147.7 million in Q1 2026, driven by a C$409 million equity raise, supporting ongoing development of its Marimaca Project in Chile.

Maronan Metals is set for a leadership change as Managing Director Richard Carlton steps down in December 2026, with a CEO search underway to guide the project through feasibility and mine development.

Industrial Minerals Ltd (ASX: IND) is set to acquire the Laverton Gold Portfolio, a drill-ready 205km² package in a prolific WA gold district, backed by a $3 million capital raise and board changes aimed at accelerating exploration.

Argent Minerals has pushed silver mineralisation beyond the current Kempfield Lode 100 resource boundary with a broad 91.2m intercept from near surface, highlighting significant potential for resource growth and mine development optionality.

Sunshine Metals has reported standout drilling results from its Liontown Gold Panel, including 22 metres at 20.25 grams per tonne gold, underpinning a resource update and revised mining study planned for mid-2026.

Prospect Resources has kicked off an extensive Phase 3 drilling program at its Mumbezhi Copper Project in Zambia, aiming to expand and upgrade its copper resources with a 26,000-metre campaign supported by geophysical surveys and metallurgical studies.