Latest Drilling Programs News

Astral Resources has boosted its Mandilla Gold Project Mineral Resource Estimate by 22% to 1.74 million ounces, introducing a maiden Measured Resource for the flagship Theia deposit. Including Feysville and Spargoville, the Group’s total resource now stands at 2.07 million ounces.

Pantera Minerals has seen a 37% uplift in the valuation of its EnergyX stake following an increase in EnergyX’s Regulation A raise price to US$13 per share, reflecting operational progress and stronger market confidence.

Kalgoorlie Gold Mining has launched a substantial 41-hole reverse circulation drilling campaign at its Pinjin Gold Project, targeting resource growth at Kirgella Gift, Providence, and Lighthorse. The program aims to refine and extend existing gold mineralisation within a key part of the Laverton Tectonic Zone.

Marmota Limited has launched an extensive maiden drilling campaign targeting the southern Mainwood extension of its Greenewood gold discovery in South Australia’s Gawler Craton, aiming to expand the mineralised strike to 2km.

Eagle Mountain Mining has formalised a joint venture with Nittetsu Mining for the Oracle Ridge copper project in Arizona, with Nittetsu committing US$20 million to advance exploration and development while managing the operation.

Bayan Mining has pinpointed two high-priority exploration targets at its 100% owned Bayan Springs North Project in Nevada, leveraging newly interpreted USGS airborne magnetic and radiometric data. Both targets display promising geophysical and geochemical signatures reminiscent of the adjacent Maverick Springs mineral system.

DeSoto Resources significantly increased its exploration ground in Guinea's Siguiri Basin, adding 532km2 and identifying a 9km-long artisanal gold zone with assays up to 15.2g/t Au. The company maintains a robust cash position of A$11 million to support accelerated exploration.

Ora Banda Mining’s latest drilling at Golden Pole within the Waihi Project has delivered multiple thick, high-grade gold intersections, validating the lode’s underground mining prospects and setting the stage for its debut in the upcoming June resource and reserve estimates.

Xpedra Resources has reported promising initial assay results from its maiden drilling at the Springfield Gold Deposit, revealing significant shallow gold mineralisation and setting the stage for further exploration.

Cosmo Metals is gearing up for a significant drilling campaign at its Kanowna Gold Project near Kalgoorlie, while systematic exploration at its NSW projects has revealed two high-priority copper-gold VMS targets. The company also bolstered its balance sheet with a $1.55 million entitlement offer to fund ongoing work.

VHM Limited has ditched its Shenghe Resources offtake agreement to broaden market options and approved a direct jump to full-scale 5Mtpa development at its Goschen Rare Earths and Mineral Sands Project. Key regulatory approvals and a major drilling campaign underpin progress towards a mid-2026 Final Investment Decision and production slated for late 2027.

BPM Minerals has reported compelling high-grade gold assay results from maiden drilling at its Beachcomber Prospect and secured A$3.5 million in a strategic placement to fund an expanded 2026 exploration campaign across its Forelands Gold Project.