Latest Drilling Results News

Hot Chili Limited launches a A$14 million rights issue to fund key strategic initiatives, including advancing its La Verde copper-gold discovery and completing asset-level partnering processes within the Costa Fuego Project in Chile.

Falcon Metals reports multiple visible gold zones and upgraded high-grade gold intercepts at its Blue Moon Prospect near Bendigo, with ongoing drilling promising further discoveries.

Black Cat Syndicate’s recent shallow drilling at Fingals delivers impressive high-grade gold intercepts, reinforcing the deposit’s role as a cornerstone for Kal East’s production growth. The results underpin ongoing mining ramp-up and future underground development plans.

Neometals reports strong gold assay results from its maiden diamond drilling at Barrambie’s Ironclad and Mystery prospects, confirming high-grade mineralisation and setting the stage for expanded exploration.

Everest Metals Corporation has secured regulatory approval to begin mining at its Mt Dimer Taipan Gold & Silver Project, targeting production commencement in late 2025. The project’s inferred resource and ongoing contract negotiations position EMC for a promising small-scale operation.

Havilah Resources has struck a binding deal with Heavy Rare Earths, granting earn-in rights to its Prospect Hill tin project with a $1.5 million exploration commitment over three years. The arrangement allows Havilah to focus on its copper assets while retaining significant upside exposure.

Terra Uranium Limited (ASX – T92) reveals significant historic mineralisation of tin, tungsten, molybdenum, and silver at its Deepwater Project in New South Wales, underpinning its strategic acquisition of Dundee Resources Pty Ltd.

Javelin Minerals has announced a significant 15% increase in recoverable gold ounces at its Eureka Gold Project, alongside a 32% rise in grade, setting the stage for enhanced production and cashflow in 2026.

Patagonia Lithium has reprocessed magnetotelluric data to better understand the basement depth at its Argentine lithium projects, setting the stage for deeper drilling and seismic surveys to refine its resource estimates.

Stavely Minerals has raised A$1.9 million through a placement to fund drilling at its promising gold prospects, including Fairview North and South. The move aims to accelerate exploration and deliver new insights later this year.

Koonenberry Gold has expanded the mineralised zone at its Enmore Gold Project in NSW to approximately 260 metres strike, revealing promising bulk tonnage and high-grade gold potential. The company is set to launch a fully funded +10,000-metre Phase II drilling campaign in late August to explore extensions and new targets along a 2km prospective corridor.

Firetail Resources has raised A$5 million in a strongly supported placement to accelerate exploration across its US and international gold and copper projects, including maiden drilling at the Excelsior Gold Project in Nevada.