Latest Drilling Programs News

Zinc of Ireland NL has kicked off its inaugural drilling campaign at the Mt Clere project in Western Australia, targeting the large and previously untested ‘Robin 21’ geophysical anomaly. This move revives interest in a site last partially explored by BHP nearly three decades ago.

Raiden Resources’ Phase 2 drilling at the Vuzel Gold Project in Bulgaria confirms widespread near-surface gold mineralisation, including several high-grade intercepts, reinforcing the project's potential for a significant resource.

Ordell Minerals has significantly expanded the Barimaia granodiorite intrusion to over 7km of strike, unveiling promising gold mineralisation with recent drilling results. A new drilling campaign is set to further explore this emerging gold province in Western Australia.

Mantle Minerals has secured a $65,000 co-funded drilling grant from the WA Government to advance its Mt Berghaus gold exploration in the Mallina Basin.

Legacy Minerals Holdings has raised A$7.75 million through a strongly supported equity placement to accelerate drilling and exploration at its key Drake and Thomson projects in New South Wales.

Midas Minerals has announced a transformative acquisition of the Otavi Copper-Gold-Silver Project in Namibia, unlocking significant exploration potential with plans to commence drilling later this year.

Medallion Metals has raised $27.5 million through a well-supported institutional placement to accelerate its gold and copper production strategy by acquiring Forrestania’s processing infrastructure. This funding positions the company to advance drilling, feasibility studies, and a final investment decision by late 2025.

Sipa Resources has initiated heritage surveys and lodged environmental approvals, setting the stage for its first gold drilling campaign in South Australia’s Gawler Craton.

Moho Resources has identified a significant 4 km by 1 km gold soil anomaly at its Silver Swan North Project in Western Australia’s Eastern Goldfields, marking a promising new chapter in the company’s exploration efforts.

Tasman Resources Ltd has announced a renounceable pro-rata rights issue aiming to raise up to $3.68 million to finance exploration drilling at its Parkinson Dam project and reduce shareholder debt. Major shareholders plan to fully subscribe, using loan repayments to offset their entitlements.

Southern Cross Gold has successfully closed the second tranche of its C$143 million private placement, securing nearly C$30 million to fund critical milestones at its Sunday Creek Gold-Antimony Project in Australia.

Global Uranium and Enrichment Limited is set to launch a major 38,000-metre drilling campaign at its Pine Ridge Uranium Project in Wyoming’s Powder River Basin, aiming to unlock a significant uranium resource in a leading US mining region.