Latest Drilling Results News

Ballymore Resources has reported exceptional high-grade gold intersections at its Dittmer Project, alongside government grants to accelerate exploration and a key mining lease approval recommendation.

Burley Minerals reports promising iron ore assay results from its Cane Bore project and secures $1 million to fast-track exploration, while lithium prices rebound from multi-year lows.

Mt Malcolm Mines has completed significant drilling at its Golden Crown and Dumbarton prospects, revealing high-grade gold intercepts and securing nearly $2 million in funding to support ongoing exploration.

Adavale Resources has announced a maiden JORC 2012 Inferred Mineral Resource of 115,000 ounces of gold at its London-Victoria Gold Mine and secured a strategic exploration licence containing the high-grade Koh-I-Noor mine. A $3.238 million capital raise will accelerate drilling and exploration across its Parkes Project.

Flagship Minerals has strategically repositioned towards gold and copper, highlighted by its acquisition of the Pantanillo Gold Project in Chile, aiming for a rapid development path and resource growth. The company plans to commence drilling in October 2025 while rationalising its lithium exposure.

Aurumin Limited reports strong drilling results at Johnson Range, secures a $4 million joint venture with Newcam Minerals, and announces a $60 million merger with Brightstar Resources, positioning itself for accelerated development in the Sandstone Gold District.

Evolution Energy Minerals advances its development-ready Chilalo Graphite Project in Tanzania, targeting a Final Investment Decision by mid-2026 while exploring promising copper prospects and strengthening its leadership team.

IRIS Metals has successfully completed test mining at its fully permitted Beecher lithium project and expanded its US footprint with a strategic acquisition, while securing $4.27 million to fund ongoing exploration and development.

GWR Group Limited reports steady progress on its Prospect Ridge magnesium project with ongoing metallurgical testing and a strong cash position of $38 million. The company also revises Wiluna iron ore royalty terms and pursues strategic acquisitions.

West Cobar Metals has completed the acquisition of the Mystique Gold Project in Western Australia and reported a maiden inferred mineral resource at its Bulla Park copper-antimony deposit in New South Wales, while drilling assays from its Fraser Range copper-gold targets are pending.

Quantum Graphite Limited has made significant strides in developing its Eyre Peninsula Graphite Hub, progressing detailed planning with government stakeholders and attracting new financiers for its Uley 2 project. Exploration and purification testwork updates promise to refine its resource and product quality outlook.

Lodestar Minerals has completed a pivotal drilling program at its Darwin Project in Chile, confirming promising gold and copper mineralisation. The company also announced a $2.7 million capital raise to fund ongoing exploration and corporate activities.