Latest Drilling Results News

Maronan Metals has landed a $22 million strategic investment from Kinterra Capital, boosting its cash reserves to $36.6 million and fully funding an expanded 2026 drilling campaign and Preliminary Feasibility Study for its Maronan Project.

Wia Gold has raised A$92 million through a heavily supported placement to accelerate development of its Kokoseb Gold Project in Namibia, underpinning progress towards a Definitive Feasibility Study due later this year.

WA1 Resources has significantly increased the indicated resource at its Luni Niobium Project to 93 Mt at 1.32% Nb2O5, backed by A$131 million in cash and progressing key development workstreams including permitting and metallurgical testwork.

Barton Gold’s recent drilling at the Challenger Gold Project confirms new open-pittable mineralisation at Challenger South-Southwest and Challenger 3, underpinning potential resource upgrades and a low-risk mill restart.

Saturn Metals has reported robust drilling results at its Apollo Hill Gold Project, reinforcing a near-term upgrade to its 2.24 million ounce Mineral Resource. The new data will underpin the upcoming Definitive Feasibility Study and updated Ore Reserve.

Prospect Resources has updated its Mumbezhi Copper Project Mineral Resource Estimate, boosting tonnage by 20% to 208.1 million tonnes and doubling gold resources to 262,100 ounces. The project now boasts tier-1 copper grades comparable to Zambia’s top mines, with Phase 3 drilling underway to expand resources further.

GBM Resources has reported high-grade gold intersections outside the current 309 deposit resource at its Twin Hills project, reinforcing the potential for resource growth and advancing development plans.

Broken Hill Mines (ASX: BHM) has resumed mining at its Pinnacles Silver-Lead-Zinc Mine, marking its first operations since 2021 and aiming to ramp up production through multiple ore feeds to the Rasp processing plant.

Orezone Gold’s acquisition of the Casa Berardi mine propels it into a diversified mid-tier producer, while Q1 2026 results show a 35% jump in gold output and robust financials despite operational challenges at Bomboré.

Carnavale Resources has lifted its Kookynie Gold Project Mineral Resource Estimate by 2.5% to 120,000 ounces at 4.4 g/t, with a significant upgrade to Measured resources that reduces early-stage mining risk.

Marimaca Copper’s 2026 drilling campaign at Pampa Medina reveals multiple stacked high-grade copper mantos, reinforcing the deposit’s scale and continuity across oxide and sulphide zones.

Stellar Resources has returned strong high-grade tin results at its Montana deposit, complementing near-complete drilling at Severn and reinforcing the Heemskirk Tin Project's status as Australia's highest-grade undeveloped tin resource.