Latest Drilling Results News

Loyal Metals has raised $3.5 million in a well-supported placement, extending its funding to $8.2 million to accelerate drilling and advanced exploration at the Highway Reward Copper-Gold Mine.

White Cliff Minerals has strategically acquired the Bornite Lake prospect, consolidating its Rae Copper Project tenure in Nunavut and gaining access to historic high-grade copper mineralisation. This acquisition completes the company’s control over a key 50km strike along the Herb Dixon fault, setting the stage for unified exploration efforts.

Kula Gold has reported exceptional high-grade gold results from its Mt Palmer project, extending the mineralised strike to 3km and highlighting significant exploration upside. Diamond core assays and further drilling results are eagerly awaited.

PC Gold’s latest drilling at Spring Hill reveals high-grade gold intersections and a new Macau Extension Target, hinting at significant resource growth potential beyond the current Mineral Resource Estimate.

Critical Resources Limited has strategically expanded its Mavis Lake Lithium Project in Ontario by staking an additional 80 km² of highly prospective land, increasing its footprint to over 400 km². This move strengthens its position in a key lithium and multi-commodity corridor ahead of anticipated market upswings.

Western Gold Resources has confirmed strong grade continuity and mineralisation at its Gold Duke Project, underpinning a positive Decision to Mine. The comprehensive drilling program supports robust cash flow forecasts and a rapid project payback.

Scorpion Minerals reports promising near-surface high-grade gold at its Pharos Project and announces a strategic partnership with Gylden Resources to leverage processing capabilities in Western Australia.

Horseshoe Metals has secured mining approval for Direct Shipping Ore operations at its Horseshoe Lights project, complemented by promising drilling assays and strategic funding to accelerate development.

Resources & Energy Group Limited (REZ) has secured approval to expand gold vat leach production at its East Menzies Gold Project, transitioning from trial to commercial scale. The company also announced a maiden JORC 2012 Inferred Mineral Resource at Gigante Grande, underpinning future growth.

Lodestar Minerals reports promising gold drilling results at Ned’s Creek, advances exploration in Chile, and announces a strategic acquisition of a US rare earth project.

OzAurum Resources reports strong drilling results at its Mulgabbie North Gold Project and regains full control of its Feasibility Study, positioning the company for accelerated development amid record gold prices.

EMU NL has sold its Badja Gold Project for over A$3.5 million, retired all debt, and is set to commence a maiden drilling program at its Yataga Copper Project in Queensland, fully funded and under new board leadership.