Latest Drilling Results News

Eclipse Metals has completed over 700 metres of diamond drilling at its Grønnedal project in Greenland, confirming continuous rare earth mineralisation and reinforcing its substantial inferred resource estimate. Drilling has now progressed to the polymetallic Ivigtût prospect, broadening the company’s critical minerals footprint.

Horseshoe Metals has reported strong shallow copper mineralisation at its Motters Zone, boosting confidence in resource upgrades and paving the way for imminent Direct Shipping Ore operations.

Yugo Metals has secured a $385,000 VAT refund from Bosnia-Herzegovina authorities, strengthening its financial position alongside a recent $3.5 million capital raise. This funding boost sets the stage for accelerated exploration at its promising gold targets.

James Bay Minerals has reported promising drilling results at its Independence Project in Nevada, extending gold-silver mineralisation beyond the current resource estimate at South Hill and initiating new drilling at Rebel Peak targeting high-grade zones.

Magnetic Resources NL has discovered a fourth high-grade core zone at its Lady Julie North 4 deposit, signaling significant underground potential and resource expansion within the Laverton Project. Ongoing drilling and a recent $35 million capital raise underpin an aggressive push to grow the gold resource beyond 1.94 million ounces.

Tempest Minerals reports encouraging early gold assay results from its inaugural drilling at the Range Gold Project, extending mineralisation from surface near a major planned mill expansion.

Cannindah Resources has reported a significant high-grade copper-gold intersection from its first step-out drillhole at the Mt Cannindah project, confirming structural controls and expanding the known mineralised zone.

Black Canyon Limited has expanded its footprint in the east Pilbara by acquiring strategic tenements adjacent to its Wandanya manganese and iron project, unlocking new exploration potential ahead of planned drilling in 2026.

Geopacific Resources has reported compelling new gold assay results from its Woodlark Gold Project, confirming multiple high-grade zones and a promising new discovery at Kamwak. The ongoing drilling campaign signals significant resource growth potential in Papua New Guinea.

Peel Mining Limited reveals a robust high-grade resource base and ongoing exploration in the Cobar Basin, positioning itself for growth amid a dynamic regional mining landscape.

Petratherm Limited reports robust metallurgical results from its Rosewood Titanium Heavy Mineral Sands Project, highlighting high-quality heavy mineral concentrates and promising recoveries that reinforce the project’s potential.

Kinetiko Energy has secured the first tranche of funding from FFS Refiners to accelerate development of a pilot LNG gas plant at Brakfontein, marking a key step in its multi-phase Project Alpha.