Latest Drilling Results News

Aurumin Limited reports strong drilling results at Johnson Range, secures a $4 million joint venture with Newcam Minerals, and announces a $60 million merger with Brightstar Resources, positioning itself for accelerated development in the Sandstone Gold District.

Evolution Energy Minerals advances its development-ready Chilalo Graphite Project in Tanzania, targeting a Final Investment Decision by mid-2026 while exploring promising copper prospects and strengthening its leadership team.

IRIS Metals has successfully completed test mining at its fully permitted Beecher lithium project and expanded its US footprint with a strategic acquisition, while securing $4.27 million to fund ongoing exploration and development.

GWR Group Limited reports steady progress on its Prospect Ridge magnesium project with ongoing metallurgical testing and a strong cash position of $38 million. The company also revises Wiluna iron ore royalty terms and pursues strategic acquisitions.

West Cobar Metals has completed the acquisition of the Mystique Gold Project in Western Australia and reported a maiden inferred mineral resource at its Bulla Park copper-antimony deposit in New South Wales, while drilling assays from its Fraser Range copper-gold targets are pending.

Quantum Graphite Limited has made significant strides in developing its Eyre Peninsula Graphite Hub, progressing detailed planning with government stakeholders and attracting new financiers for its Uley 2 project. Exploration and purification testwork updates promise to refine its resource and product quality outlook.

Lodestar Minerals has completed a pivotal drilling program at its Darwin Project in Chile, confirming promising gold and copper mineralisation. The company also announced a $2.7 million capital raise to fund ongoing exploration and corporate activities.

Chilwa Minerals has significantly boosted its Mineral Resource Estimate by 85% to 110 million tonnes, with a majority now in the Indicated category, underpinning ongoing feasibility studies and rare earth exploration in Malawi.

American West Metals reports promising drilling results at its Storm Copper Project and advances critical minerals exploration in Utah, backed by strategic funding and offtake agreements.

Power Minerals Limited has completed a significant drilling program at its Santa Anna Project in Brazil, confirming robust niobium and rare earth element mineralisation. The company also progressed its Rincon Lithium JV in Argentina and secured nearly A$3.9 million in new funding to support exploration and development.

Scorpion Minerals has completed initial drilling at its Pharos Gold Project with assays expected soon, while expanding its Murchison footprint through a strategic JV. The company also explores options to unlock value from its Mt Mulcahy copper asset.

AustChina Holdings has launched initial fieldwork at its Sulphide Creek Gold-Antimony Project and secured a key exploration licence for its Mersey Base Metals and Gold Project in Tasmania, signaling a strategic push in mineral exploration.