Latest Drilling Results News

South32 advances its stake in Hammer Metals’ Isa Valley project with a A$3 million exploration commitment, while Sumitomo Metal Mining Oceania signals withdrawal from the Bullrush joint venture.

North Stawell Minerals has launched a 600-800 metre diamond drilling program at its Darlington Project, aiming to extend previously identified high-grade gold zones that echo historic Victorian gold trends.

Chilwa Minerals has confirmed significant niobium mineralisation in its southernmost drillhole at Nakombe, extending the known strike length to 270 metres and reinforcing the scale of its critical minerals project in Malawi.

Aureka Limited's latest high-resolution drone magnetic survey over its Irvine Gold Project has unveiled several new high-priority exploration targets, with ongoing diamond drilling aimed at expanding its 304koz JORC resource. The engagement of renowned geologist Dr Barry Murphy signals a strategic push to decode the project's complex structural geology.

AuKing Mining expands its footprint at the Tundulu Rare Earths Project in Malawi through a structured earn-in agreement and a fresh airborne survey revealing a larger carbonatite system with multiple new drill targets.

Arika Resources has completed its acquisition of 100% ownership of the Yundamindra and Kookynie gold projects, consolidating control over key assets in Western Australia’s Eastern Goldfields and setting the stage for accelerated exploration.

Right Resources’ drilling at the Pilot Project in Tumbarumba validates a large Reduced Intrusive Related Gold System, with assays highlighting low grades in the transitional halo but confirming the presence of a substantial mineralised footprint. The high-grade core remains untested, marking a key exploration focus.

Ballymore Resources has raised $4.7 million through a fully subscribed entitlement offer and a further placement, boosting funds for drilling and discovery at key Queensland projects.

Lac Gold has reported standout high-grade gold intersections at its Astoria deposit within the Rouyn Gold Project, including a blistering 0.5m intercept grading 1,580g/t Au. These results underpin a structurally complex, large-scale orogenic system and come as Phase 2 drilling ramps up.

Australian Gold and Copper Ltd (ASX: AGC) is set to expand its NSW footprint by acquiring the Junee Gold Project for $5.4 million in shares, supported by a concurrent $5 million placement to accelerate exploration.

Locksley Resources’ maiden diamond drilling at El Campo reveals significant NdPr-enriched rare earth mineralisation akin to Mountain Pass, while Desert Antimony Mine drilling extends high-grade stibnite zones beneath historic workings.

Breakthrough Minerals has revealed promising initial assay results from its maiden diamond drilling at the Barbara Copper-Gold Project, highlighting high-grade copper mineralisation and significant resource expansion potential within and beyond current boundaries.