Latest Drilling Programs News

Cavalier Resources has boosted the net present value of its Stage 1 Crawford Gold Project by 50% to A$77.2 million in an updated Pre-Feasibility Study, despite rising costs. The company secured a US$18.7 million gold sale agreement and raised $4 million to fund pre-production activities.

GoldArc Resources has secured full ownership of Mt Stirling and launched partner-funded drilling campaigns across its Leonora North and South projects, delivering multiple high-grade gold results and locking in a binding development deal with Mineral Mining Services.

RareX Limited has advanced its rare earths ambitions by securing a key mining lease at Cummins Range, appointing a strategic board member, and raising $5 million to fund exploration and development.

Horseshoe Metals has unveiled a new copper Exploration Target of up to 3.6 million tonnes at its Motters Zone, while advancing Direct Shipping Ore operations supported by strong copper prices and precious metals credits.

Resource Minerals International has mapped multiple structural corridors in Saudi Arabia, defining high-priority gold and copper-molybdenum targets ahead of planned drill campaigns. Complementary surveys in Tanzania and Finland set the stage for expanded exploration in 2026.

Kaili Resources has reported encouraging rare earth element assay results from its South Australian tenements, particularly within the Coodalya Mallee Project, while securing extended related-party financing to support ongoing exploration.

Cobre Limited has secured majority control of the Sierra Atacama Copper Project in Chile through a $60 million capital raise, marking its transition from explorer to producer. The company plans extensive drilling and operational upgrades to boost production and resource confidence.

Zenith Minerals has reported a significant milestone with a maiden 675,000-ounce JORC Inferred Mineral Resource at its Consolidated Dulcie Gold Project, alongside deep drilling success at Red Mountain that extends mineralisation beyond 700 metres.

Bindi Metals has confirmed bonanza-grade gold mineralisation at its Ravni Gold Project in Serbia, defining a 3 km high-grade corridor and preparing for maiden drilling with a preferred contractor in place.

Alvo Minerals has delivered compelling assay results from its Touro Prospect, confirming extensive copper and zinc sulphide mineralisation along a 750m strike at its flagship Palma Copper-Zinc Project in Brazil.

Strategic Energy Resources (ASX:SER) has locked in a $6 million joint venture with Sumitomo for its Bulimba Gold Project, secured $400,000 in government grants for drilling, and completed capital consolidation, positioning itself for a busy exploration season in Queensland.

Gibb River Diamonds (ASX:GIB) has completed mining and processing at its Neta JV within the Edjudina Gold Project, generating over 5,200 ounces of gold and receiving a $7 million profit share. The company is progressing exploration on a new lease near Neta and maintains a strong cash position to support further growth.