Latest Drilling Results News

Turaco Gold has raised A$60 million through a strongly supported placement, positioning the company to fast-track growth and exploration at its flagship Afema gold project.

Matsa Resources has reported significant high-grade gold intercepts from recent drilling at its Fortitude North project, reinforcing the presence of multiple stacked lode structures and expanding exploration potential.

Waratah Minerals has confirmed significant extensions to its Spur Gold Corridor in NSW, revealing high-grade gold intercepts and promising porphyry copper-gold mineralisation. The expanded drilling program aims to unlock further potential in this emerging gold discovery.

Beacon Minerals has confirmed extensive high-grade gold mineralisation at its Iguana deposit within the Lady Ida Project, following a 201-hole drilling program. The results bolster confidence in the Stage 1 Pit mining inventory and set the stage for further exploration.

iTech Minerals reports significant historical gold and antimony mineralisation at its Falchion Prospect in the Northern Territory, revealing expanded targets along an 18km prospective structural corridor. Planned geophysical surveys and drilling aim to unlock further value in the Reynolds Range Project.

Lakes Blue Energy NL has secured $6.5 million through a fully underwritten placement to fund drilling at its Wombat Gas Field in Victoria, aiming to address looming gas supply shortages on Australia's east coast.

FireFly Metals has filed a final prospectus for a C$25.7 million bought deal offering as part of a broader A$71 million equity raise to advance its high-grade copper-gold projects in Canada. The capital raise includes institutional placements, a charity flow-through placement, and a share purchase plan.

Top End Energy updates its Northern Territory exploration strategy amid record gas flow tests in the Beetaloo Basin, signaling a shift from appraisal to development.

Patronus Resources has discovered a new high-grade gold shoot at its Merlin Prospect within the Mertondale East Shear Zone, reinforcing the growth trajectory of its Cardinia Gold Project in Western Australia.

Canterbury Resources is set to drill a 900m deep hole at its Briggs copper project, testing a high-priority geophysical target that could reveal richer copper zones. Supported by a government grant, this move coincides with a scoping study aiming to unlock one of Australia’s largest undeveloped copper deposits.

Catalyst Metals reports positive infill drilling results at its Trident Gold Project, confirming expected mineralisation and enabling development to commence with first ore targeted in late 2025.

Strickland Metals reports robust drilling results at its Shanac Deposit in Serbia’s Rogozna Project, confirming and expanding high-grade gold and base metals mineralisation. The company’s well-funded exploration program continues to advance with multiple rigs active and assays pending.