Latest Drilling Results News

DeSoto Resources has launched a 10,000m maiden drilling program at its Timbakouna Gold Project and secured a major new ground package in Guinea’s prolific Siguiri Basin, backed by a strong cash position of A$9.2 million.

Nexus Minerals has completed its Branches Prospect drilling campaign with strong assay results confirming continuity of a northwest-trending gold system. These findings position Branches alongside Clement and Payns to contribute to an updated Wallbrook Mineral Resource Estimate due in September.

Greatland Resources (ASX:GGP) exceeded its FY26 production and cost guidance, delivering 329koz of gold at a $2,179/oz AISC and bolstering cash to $1.29 billion. The company advanced key growth projects at Havieron and Telfer, including a major reserve upgrade and promising drilling results at Pinnacles.

WA1 Resources continues to hit strong niobium grades in infill drilling at its Luni Project, sharpening the focus for early mining years and keeping its Pre-Feasibility Study on track for late 2026.

Ramelius Resources delivered solid June quarter results, hitting 53,466 ounces at an AISC of A$1,973/oz and generating A$138.3 million in underlying free cash flow. The company met full-year guidance for the sixth consecutive year, advanced key projects, and progressed a major asset sale.

PC Gold significantly boosted its Spring Hill gold resource by 84% to 1.51 million ounces, unveiling new mineralised zones and advancing its Pre-Feasibility Study, while securing strategic acquisitions to support development.

West African Resources (ASX:WAF) delivered a record quarterly gold production of 125,179 ounces in Q2 2026, maintaining its trajectory toward full-year guidance amid robust cash generation and promising drilling results.

Canadian Phosphate has secured a five-year exploration permit for its Wapiti Phosphate Project and commenced a 3,000m drilling campaign, while progressing the pending acquisition of the Diamond Mountain Project in Utah. A $5.2 million capital raise positions the company to accelerate its North American phosphate ambitions.

Leeuwin Metals has secured a key mining lease at Evanston, placing all its Marda Gold Project resources on granted leases, while promising drill results and a strategic collaboration set the stage for resource expansion and project development.

OzAurum Resources has locked in consistent high-grade gold mineralisation along its Mulgabbie North Paleochannel, driving a shift from study to construction with heap leach plant refurbishment near completion and civil works underway.

GreenTech Metals’ latest drilling at Munni Munni confirms thick, high-grade PGE-Cu-Ni zones while an independent review spotlights significant new copper targets. The company strengthens its balance sheet with a $7.5 million placement and key technical hires ahead of an ambitious drill campaign.

Alligator Energy's drilling campaign at the Samphire Uranium Project has pushed uranium mineralisation 600 metres south of Blackbush, unlocking new ground on the Mullaquana Crown Lease and advancing resource delineation and feasibility efforts.