Latest Drilling Results News

Castle Minerals’ recent drilling at the Kandia Gold Project in Ghana reveals well-defined gold mineralisation extending to 150 metres depth, underpinning a promising multi-deposit corridor. Follow-up exploration is set to expand these findings across the prospective Wa East tenure.

Yandal Resources reports promising initial assay results from its extensive Caladan air-core drilling program, revealing continuous gold mineralisation over more than 800 metres at the Arrakis Prospect. These findings bolster the prospect’s geological potential within the Yandal Greenstone Belt.

Mithril Silver and Gold Limited has announced a C$10 million brokered private placement to fund expanded exploration at its Copalquin district project in Mexico. The raise includes an option for agents to increase the placement by 15%, underscoring strong investor interest.

Iltani Resources has reported updated diamond drilling results confirming high-grade silver-indium mineralisation at its Orient West project, setting the stage for a JORC-compliant resource estimate by July 2025.

Verity Resources has appointed Dr Rick Gordon and Xirlatem Pty Ltd as strategic advisors to accelerate resource upgrades and expansion at its Monument Gold Project in Western Australia.

Sunshine Metals has launched fieldwork and plans drilling at its Sybil gold project in Queensland, revealing promising geological signs and historic high-grade samples that hint at significant gold potential.

Capricorn Metals has agreed to acquire the Claw Gold Project adjacent to its Mt Gibson operation, aiming to unlock new gold resources in Western Australia’s prolific Murchison region.

Lakes Blue Energy has secured all regulatory approvals to begin drilling the Wombat-5 well in Gippsland, aiming to tap a significant gas resource with potential to ease Victoria’s looming supply crunch.

Carnaby Resources has reported significant drill assay results from its Trekelano and Mount Hope North prospects, reinforcing the potential of its Greater Duchess Copper Gold Project in Queensland.

Novo Resources has reported significant high-grade gold intercepts from its maiden drilling at the Clone prospect within the Tibooburra Gold Project, confirming a continuous shallow north-plunging gold shoot over 300 metres. The company plans further drilling and structural studies to expand on these promising results.

Stavely Minerals advances exploration in the Stavely Volcanic Belt with fresh drilling at key gold prospects and a strong copper-gold-silver resource base, signaling potential growth in energy metals.

Medallion Metals reports standout gold and copper assays from Harbour View infill drilling, reinforcing resource confidence ahead of a July update and advancing its strategic Forrestania acquisition.