Latest Drilling Results News

AusQuest has secured permits to launch a major drilling campaign at its Cangallo copper-gold project in Peru, aiming to pinpoint the porphyry system’s core and potentially double resource size.

QMines Limited has successfully raised over $1 million through its Share Purchase Plan, aiming to accelerate exploration at its Mt Mackenzie gold and silver project. The new shares are set to be issued mid-November, marking a key step in the company’s growth strategy.

Mount Hope Mining has completed Phase 1 drilling at its Mt Solitary gold target with promising results and is set to begin Phase 2 drilling, while advancing a broader portfolio of base metal prospects and regional land acquisitions in the prolific Cobar Basin.

Axel REE Limited has initiated a new Mineral Resource Estimate at Area B of its Caladão Project in Brazil, aiming to build on its already significant rare earth and gallium resources. This move could further position Caladão as a critical global source beyond China’s dominance.

Alma Metals has completed a positive Scoping Study for its Briggs copper project in Central Queensland, confirming the technical and economic potential for large-scale open pit mining. The company is now moving swiftly into prefeasibility studies to refine resource confidence and optimise project design.

Ausgold Limited’s Katanning Gold Project has been fast-tracked through Western Australia’s new Priority Approvals Program, marking a key step toward a mid-2026 Final Investment Decision.

Mount Hope Mining is set to recommence drilling at its Mt Solitary gold prospect in December, following a detailed reinterpretation of historical drill cores that confirms a 7.5km mineralised corridor linking Mt Solitary and Mt Solar.

Kula Gold has validated the North Yilgarn Star Prospect at its Mt Palmer project, spotlighting a historic drill hole with 5m at 6.80g/t gold and strong soil anomalies. The company prioritizes this target for follow-up exploration amid ongoing drilling campaigns.

Ariana Resources reports strong assay results from its latest drilling at Tavsan Mine, confirming mineralisation beyond current resource boundaries and setting the stage for a resource update in 2026.

Stavely Minerals has launched a new phase of drilling at its Fairview South gold prospect, revealing promising high-grade gold intercepts and expanding the known mineralised zone by hundreds of metres. Concurrent reconnaissance drilling at the S41 target signals growing exploration momentum in western Victoria.

Enegex Limited has completed its acquisition of Famien Resources, adding a substantial gold exploration portfolio in Côte D’Ivoire, alongside a $5 million capital raise to support its growth ambitions.

Venari Minerals has identified six strong multi-element soil anomalies at its Needles Gold Project in Nevada, highlighting significant untested potential for large-scale epithermal gold-silver mineralisation. The company awaits assay results from recent drilling amid a US lab backlog.