Latest Drilling Results News

Tali Resources has reported initial reverse circulation drilling results from its West Arunta Project, revealing promising nickel and copper anomalies at the Chilka and Lonar prospects that warrant further exploration.

FMR Resources has completed its first deep drillhole at the Southern Porphyry target in Chile, revealing geological evidence of a large, vertically extensive porphyry copper system beneath epithermal mineralisation. Further geophysical and geochemical work is underway to refine the system's potential.

Magnetic Resources NL reports significant thick, high-grade gold intersections at its Lady Julie North 4 deposit, boosting the Laverton Project resource to 2.14 million ounces. New drilling reveals a rapidly expanding fourth high-grade core zone with strong underground potential.

Venari Minerals has reported strong lithium assay results from its October drilling campaign at the Red Mountain Project in Nevada, completing the central zone dataset ahead of a maiden Mineral Resource Estimate expected next month.

Cauldron Energy Limited addresses a sharp share price rise, attributing it to strong uranium exploration results and market speculation linked to a sector takeover.

Atomic Eagle Limited has begun trading on the ASX following a transformative merger, backed by a strong $20 million cash position to advance uranium exploration in Zambia. The company’s renewed strategy targets resource expansion at its flagship Muntanga Uranium Project.

Skylark Minerals has raised A$10 million through a two-tranche equity placement to fund an ambitious 2026 exploration program on newly acquired gold projects in Côte d’Ivoire, marking a significant step in its West African expansion.

Kingston Resources has launched a new drilling campaign at its Mineral Hill Mine, deploying two rigs to target high-grade extensions and near-mine discoveries. Early assays from Long Panel rock chips show promising copper grades, underpinning the company’s growth ambitions.

Unico Silver Limited has completed a $40 million share placement and launched a $5 million Share Purchase Plan for eligible shareholders at a discounted price of $0.55 per share.

Redcastle Resources and BML Ventures have submitted a critical Mine Development and Closure Plan for their Queen Alexandra and Redcastle Reef deposits, setting the stage for gold production to commence in early 2026.

St George Mining reports outstanding high-grade rare earth and niobium assay results from its Araxá Project in Brazil, signaling a significant resource expansion and upgrade. Ongoing drilling suggests the deposit remains open in all directions, reinforcing Araxá’s status as a world-class asset.

Mammoth Minerals has delivered promising initial diamond drilling results at its Excelsior Gold Project in Nevada, confirming extensive high-grade gold mineralisation and validating its geological targeting model.