Latest Drilling Results News

Mount Hope Mining delivered high-grade gold assay results and robust metallurgical testwork at its Mt Solitary project, advancing toward a maiden JORC resource with Phase 3 drilling imminent.

Sinclair Gold has pushed gold mineralisation deeper at its Mt Henry project, with initial drilling results confirming significant extensions beyond the existing 915,000oz resource. Backed by a $30m placement and a royalty deal, the company is well-funded to continue its 50,000m drilling campaign.

Hot Chili Limited is accelerating development at its La Verde copper-gold deposit in Chile, reporting strong drilling results and securing an additional US$15 million via an amended royalty agreement with OR Royalties. The company is progressing environmental assessments and pre-feasibility studies for the broader Costa Fuego project while maintaining a robust cash position.

Barton Gold has delivered another batch of strong assay results from its Phase 2 drilling at the Tunkillia Gold Project, reinforcing the economic potential of Area 223 and advancing its Pre-Feasibility Study towards a Q1 2027 finish.

Godolphin Resources' JV partner Great Plains Metals has delivered a substantial copper-gold porphyry intercept at Goodrich, NSW, validating the exploration model and highlighting the project's scale potential.

Legacy Minerals has significantly expanded its Mt Carrington Mineral Resource Estimate to 47.9 million tonnes containing 1.6 million ounces gold-equivalent, boosting the Indicated category by 69% and setting the stage for an optimised scoping study.

Xpedra Resources has reported its strongest drilling results at the Springfield Gold Deposit, revealing thick, high-grade gold zones over 400 metres of strike and open at depth, alongside shareholder approval for acquiring the high-grade Neeld Gold Project.

Right Resources’ latest quarter reveals a promising new Reduced Intrusion-Related Gold System and high-grade tungsten discoveries at Tumbarumba, backed by a $2.7 million capital raise.

Augustus Minerals reported promising gold assay results at its Music Well project, alongside progress in Papua New Guinea exploration and a $2.5 million capital raise featuring Gold Fields’ backing.

Miramar Resources has doubled its gold Exploration Target at the Gidji JV near Kalgoorlie and completed its first drilling program at Chain Pool in over 60 years, while finalising the sale of Randalls Project and securing government grants to fund ongoing exploration.

Metals Australia has reported maiden ore reserves and strong economic studies for its Lac Carheil Graphite Project in Quebec, with a combined after-tax NPV of AUD 2.56 billion, positioning the company for a strategic revaluation as it advances feasibility studies.

Lodestar Minerals’ latest assays from a 12,000m drilling campaign at Ned’s Creek confirm robust high-grade gold mineralisation, supporting its 250,000-300,000 ounce Exploration Target and setting the stage for a maiden Mineral Resource Estimate later this year.