Latest Drilling Results News

Burley Minerals Ltd is offering eligible shareholders in Australia and New Zealand the chance to buy up to $30,000 of shares at a 17.9% discount through a $300,000 Share Purchase Plan, aiming to bolster its exploration funding without brokerage costs.

Midas Minerals has reported new high-grade copper and silver intercepts from infill drilling at its T-13 Deposit in Namibia, confirming continuity and expansion potential of the mineralisation. An updated resource estimate is anticipated later this year.

Carnaby Resources has extended its high-grade Trek 1 Footwall Lode at the Greater Duchess Project, delivering a 38m intercept at 1.9% copper equivalent and keeping the discovery wide open for further growth.

Advance Metals Limited (ASX:AVM) is acquiring the remaining 20% of its Myrtleford and Beaufort gold projects, moving to 100% ownership following a string of high-grade drill results and promising metallurgical recoveries at Happy Valley.

Sunstone Metals continues to deliver promising gold-copper intersections at its Bramaderos project in Ecuador, with recent Porotillo drilling reinforcing potential to expand the current 3.6Moz resource ahead of a resource update later this year.

DPM Metals has reported robust high-grade gold-copper-silver intercepts from its Wedge Zone Deep prospect beneath the Chelopech mine, aiming for a resource estimate by year-end 2026.

PC Gold has revealed fresh high-grade gold intersections and a new footwall lode at Spring Hill, reinforcing the project’s growth potential ahead of a resource update.

GoldArc Resources has delivered a fresh batch of RC drilling assays from Mt Stirling, reinforcing the presence of consistent high-grade gold shoots and broad mineralised zones in the central sector. The partner-funded program, now 38% complete, is shaping mine planning for potential open-pit development.

Magmatic Resources has kicked off an extensive Phase 3 drilling campaign at its Weebo Gold Project, targeting extensions of gold mineralisation and high-grade shoots beneath shallow supergene zones in Western Australia's Eastern Goldfields.

Ballard Mining's March quarter update reveals a robust 1.2 million ounce gold resource at Mt Ida and a healthy $75.6 million cash position, setting the stage for a Final Investment Decision in H1 2027.

Gibb River Diamonds has released the results of its initial aircore drilling program at the Edjudina Gold Project, revealing gold mineralisation of lower than expected grades but confirming key target geology. Inclement weather cut the program short, prompting a follow-up Phase 2 drilling campaign.

Heavy Rare Earths Limited has cleared a key cultural hurdle with the Dieri Aboriginal Corporation, paving the way for a 25-hole maiden drill campaign at its South Ridge tin project in South Australia. The program aims to convert promising historic high-grade intersections into a maiden resource estimate, pending environmental approvals and road repairs after unprecedented rainfall.