Latest Drilling Results News

Galileo Mining has reported significant palladium, platinum, and gold assay results from aircore drilling at its Norseman project, defining a 10km continuous PGE anomaly at the Mission Sill prospect. The company is gearing up for follow-up reverse circulation drilling to test for deeper mineralisation.

Santana Minerals has reported new high-grade gold drill results from its Rise and Shine deposit, revealing significant extensions of the mineralised core beyond current mining plans. These findings could pave the way for resource upgrades and longer mine life.

Solstice Minerals is ramping up exploration at its Edjudina Range gold discovery, unveiling promising primary gold intercepts and preparing for expanded drilling to extend the mineralised trend beyond 1km.

Dreadnought Resources has reported exceptional high-grade gold intercepts from infill drilling at its Star of Mangaroon project, signaling a significant resource upgrade and improved project economics.

iTech Minerals has responded to ASX concerns, confirming it disclosed material information on its Bayonet, Sabre, and Falchion prospects promptly and in compliance with listing rules.

Kincora Copper has closed a fully subscribed $4 million private placement, positioning itself to advance drilling at its Condobolin project and expand its exploration portfolio.

Lakes Blue Energy reports encouraging early natural gas shows at its Wombat-5 well in Victoria’s Gippsland Basin, advancing drilling towards a significant horizontal production zone.

Marquee Resources has confirmed consistently high-grade antimony mineralisation at its Mt Clement (Eastern Hills) Project, setting the stage for a maiden JORC resource estimate expected within two weeks.

Rubix Resources (ASX, RB6) has resumed trading after lifting its suspension, following key announcements on its drilling program, capital raising, and a proposed acquisition.

Rubix Resources Limited has responded to ASX inquiries about unusual trading activity by disclosing initial drilling observations at its Paperbark Project and preliminary discussions on a potential acquisition, while cancelling a planned capital raising.

Cavalier Resources has raised $2.14 million through a discounted placement to fast-track drilling at its Crawford Gold Project, while continuing negotiations for a $11 million pre-payment deal.

North Stawell Minerals is set to begin diamond drilling in late September to follow up a standout high-grade gold intercept at its Darlington Prospect in Victoria. The program aims to explore extensions of a quartz-sulphide vein with visible gold, potentially unlocking a significant new gold system.