Latest Drilling Results News

Raiden Resources has made significant strides in its December 2024 quarter exploration, completing maiden drilling at Andover South and advancing projects at Mt Sholl and Arrow, supported by a $10 million capital raise.

Carnavale Resources has reported significant drilling success at its Kookynie Gold Project, extending known high-grade gold lodes and discovering a new lode, Tiptoe, with promising mineralisation. The company is advancing exploration and development plans while divesting non-core assets to sharpen its focus on gold.

Octava Minerals reports significant progress in its Western Australian exploration projects, completing initial drilling at Yallalong and metallurgical drilling at Byro, supported by a $1.25 million capital raise and the strategic sale of its Talga Project.

Southern Cross Gold Consolidated Ltd. reported a significantly reduced net loss of $2.41 million for Q2 2024, down from $43.69 million a year earlier, as it sharpens focus on its Australian gold projects following a major corporate restructuring.

Belararox Limited has validated the presence of a copper porphyry system at its Malambo prospect in Argentina through recent geophysical surveys, setting the stage for an imminent drilling campaign.

Lycaon Resources has released assay results from its inaugural drilling at the Stansmore Nb-REE target in Western Australia's West Arunta Project, revealing modest mineralisation but no immediate trigger for follow-up drilling.

Surefire Resources NL has announced a significant extension of gold mineralisation at its Yidby Gold Project, now exceeding 500 metres in strike length. The company’s recent drilling and metallurgical test work support plans for a low-cost heap leach operation.

Unico Silver has completed its acquisition of the Joaquin silver district and launched a fully funded 50,000m drill program, revealing exceptional high-grade mineralisation across multiple prospects in Santa Cruz, Argentina.

Emmerson Resources has announced a maiden Mineral Resource Estimate for its White Devil deposit, adding nearly 490,000 ounces of high-grade gold and expanding the Tennant Creek resource base by 130% to 866,000 ounces. This milestone sets the stage for accelerated development and potential reclassification of the deposit under the joint venture with Pan African Resources.

Arrow Minerals Limited has addressed a recent spike in its share price, attributing the rise to positive operational developments and a buoyant bauxite market, while confirming plans for a confidential capital raising.

Noronex Limited has lodged applications for two expansive Prospecting Licences in Botswana adjacent to its active Damara Copper Project in Namibia, signaling a strategic push into new, unexplored terrain within the Kalahari Copper Belt.

Iltani Resources reports breakthrough drilling results at its Orient Silver-Indium Project, delivering Australia’s highest-grade silver-indium intercepts to date, alongside promising antimony mineralisation at Antimony Reward.