Latest Drilling Results News

Kali Metals has reported a 2.36-metre intersection grading 10.8g/t gold from just 8.7 metres at its Marble Bar project in Western Australia. The Phase II results extend the shallow gold system across a cumulative 3km strike, but the project remains at the exploration stage with no mineral resource yet defined.

Maronan Metals has intersected repeated copper-gold zones north of its 2025 Indicated resource at the Maronan Project, including a 20-metre interval grading 0.83% copper and 0.42g/t gold. The results support ongoing resource growth work, but further drilling and assays are needed before any resource change can be established.

Marimaca Copper has reported a 216-metre sulphide intersection grading 0.96% copper and 7.2g/t silver at Pampa Medina, including 62 metres at 2.20% copper and 21.5g/t silver. Step-out drilling also extended mineralised horizons beyond the central zone, while diamond drilling is now testing deeper ground to the north and northwest.

Evion has identified a previously unmined 200m by 200m prospect at its Carp Fluorspar Project in Nevada, just 300m from the historic South Pit. Assays are pending, with geophysical surveys and a potential maiden drilling programme next in line.

DPM Metals has extended mineralization beyond the existing Dumitru Potok resource in Serbia, led by a 21-metre interval grading 5.44% copper equivalent. The company will add up to 15,000 metres to its 2026 drilling campaign as it works towards a resource update and preliminary economic assessment.

Patronus Resources is taking a well-funded exploration campaign into a busy phase, with 30,000 metres of multi-rig drilling underway at Pine Creek and a stated $65 million in cash and investments. The investor presentation also highlights a 2.3Moz AuEq resource base, although parts of the portfolio rely on historical estimates and future WA work remains dependent on heritage access.

Corazon Mining has confirmed shallow, high-grade gold mineralisation at its Wembley prospect in Western Australia, with drilling extending the known system about 60 metres east of historic work. Seven assays remain outstanding as the company prepares follow-up drilling aimed at an eventual Exploration Target and potential Mineral Resource.

Rua Gold has reported its highest-grade Auld Creek drilling results to date, including 0.6 metres at 136.2 g/t gold equivalent and 2.9 metres at 38.8 g/t gold equivalent. The company has completed 19,600 metres of resource drilling and is targeting an updated resource, approvals application and pre-feasibility study before year-end.

Mount Ridley Mines has told ASX it holds no unreleased exploration results that explain its share price rise, while confirming three testwork programs remain in progress. The company also disclosed that an institutional investor had approached it about participating in its current capital raising.

Magnum Mining has confirmed broad shallow TREO enrichment across the 8.3 km² Feirinha target in Brazil, led by a 15-metre interval grading 2,190 ppm. The result is encouraging, but recoverability and mineral continuity remain untested as the company shifts to laboratory work.

Barton Gold has secured approval for the environmental scope governing development studies at its Tunkillia gold and silver project in South Australia. The milestone moves the project towards a Mining Lease application, with updated resources, Ore Reserves and a pre-feasibility study targeted for the first quarter of 2027.

Sky Metals has identified high-grade tungsten mineralisation at the Theirman Mines Prospect, 20 kilometres north of its Tallebung project in NSW. The results validate historical sampling and move the prospect towards drilling within weeks, although the evidence remains limited to surface rock chips.