Latest Drilling Results News

Riversgold has completed a significant drilling campaign at its Northern Zone within the Kalgoorlie Gold Project, with mining lease approval expected imminently. Collaborative efforts with MEGA Resources are accelerating plans for gold extraction in 2026.

Catalina Resources has redefined its Beasley Creek project’s Flamingo target as a copper-gold volcanogenic massive sulphide system with an orogenic gold overprint, broadening its exploration scope. The company is preparing for its first modern drilling campaign to test this promising hybrid mineralisation model.

Auravelle Metals has identified several promising new gold targets at its Nuckulla Hill project in South Australia, leveraging a detailed structural review and soil sampling data. Upcoming drilling campaigns aim to test these high-priority zones within the prolific Yarlbrinda Shear Zone.

AuMEGA Metals has confirmed a $30 million oversubscribed financing led by Condire Investors to fund expanded drilling and exploration in Newfoundland. The capital raise is structured in two tranches, with the first closing expected in early March and the second pending shareholder approval.

EV Resources has revealed exceptional high-grade antimony results from channel sampling at its Los Lirios Project in Mexico, with assays reaching 30.2% Sb. A maiden diamond drilling program is underway to explore the extent of this promising mineralisation.

European Resources Limited has reported its strongest rare earth drilling results yet at the Korsnäs project in Finland, revealing a significant neodymium-praseodymium enriched zone and confirming the effectiveness of passive seismic targeting.

West Coast Silver’s recent aircore drilling at Elizabeth Hill has confirmed and extended high-grade silver mineralisation beyond historic mine areas, revealing promising near-surface targets and new base metal prospects.

Emerald Resources NL reported a 23% rise in half-year profit to $73.1 million, underpinned by solid gold production at its Okvau Gold Mine and significant progress across its Cambodian and Australian projects.

Alicanto Minerals is launching an extensive 50,000-metre drilling campaign at its newly acquired Mt Henry Gold Project in Western Australia, aiming to expand and upgrade its existing 0.9 million ounce gold resource.

Havilah Resources has secured a $31.5 million cash payment and $15 million in exploration funding from Sandfire Resources, accelerating plans for drilling and development around the Kalkaroo copper-gold deposit in South Australia.

Metal Bank Limited has intersected thick, high-grade near-surface graphite adjacent to its Millennium copper-cobalt-gold resource in northwest Queensland, potentially adding a valuable critical mineral to the project.

Gorilla Gold reports a standout 49m intercept at 2.5g/t gold outside the current Sovereign Deposit resource, signalling fresh growth potential at its Comet Vale project in Western Australia.