Latest Drilling Programs News

Australis Oil & Gas reported steady production in Q4 2025 despite lower oil prices, completing key transactions that bolster its financial position and development prospects in the Tuscaloosa Marine Shale.

PolarX Limited reported steady progress in its Nevada and Alaska exploration projects during the December 2025 quarter, with key drilling programs completed and a significant joint venture funding milestone achieved with Northern Star Resources.

Mammoth Minerals has kicked off its maiden diamond drilling at the Excelsior Springs Gold-Silver Project in Nevada, delivering multiple high-grade intercepts and expanding its landholding by 340%. A $7.5 million capital raise supports ongoing exploration across its Americas portfolio.

Lakes Blue Energy has completed drilling and begun production testing at its Wombat-5 well, while progressing plans for proof-of-concept drilling at the Portland Energy Project targeting up to 1 trillion cubic feet of gas.

Kaili Resources has reported promising rare earth element assay results from its South Australian tenements and launched a new focused drilling campaign at the Mallee Project, signalling a step forward in its exploration ambitions.

Hawk Resources has kicked off drilling at its Cactus copper-gold project in Utah, targeting a significant geophysical anomaly extension, while advancing access negotiations for its promising Olympus scandium project in Western Australia.

Torque Metals reports significant high-grade gold discoveries extending beyond current resources at its Paris Gold Project, backed by a $15 million placement that leaves the company well-funded for aggressive drilling in 2026.

Alicanto Minerals has secured a transformative acquisition of the Mt Henry Gold Project in Western Australia, backed by a $28 million capital raise and a strategic partnership with Westgold. This move sets the stage for a major resource expansion and leadership refresh.

Paterson Resources has completed the first phase of an extensive drilling campaign at its Grace Gold-Copper Project, raising $752,000 through a rights issue to fund further exploration and resource upgrades.

BMG Resources is advancing its Abercromby and Bullabulling gold projects with a major drilling campaign planned for early 2026, supported by a recent $2.5 million capital raise. The company aims to grow its existing mineral resources and progress towards near-term production.

Dart Mining has declared a substantial Exploration Target at its Triumph Gold Project, alongside promising high-grade assay results from its Coonambula Antimony-Gold Project and an expanded gold zone at New Constitution.

Aldoro Resources has ramped up its Kameelburg REE-Niobium drilling program with a new rig acquisition and strategic partnerships, while withdrawing a key asset sale to Sultan Resources. Exploration at Omuronga continues to show promise.