Latest Drilling Results News

PMET Resources has delivered a positive feasibility study for its flagship Shaakichiuwaanaan lithium project, announcing a maiden mineral reserve and advancing exploration and corporate initiatives. The company also acquired the adjacent Pikwa Property and reported strong drilling results, maintaining a solid cash position.

Lode Resources is progressing its high-grade silver, antimony, gold, and tin projects in Tasmania and New South Wales, highlighted by robust drilling results and promising metallurgical tests. The company is advancing towards resource estimation and pilot production at Montezuma while expanding exploration across multiple targets.

Aureka Limited has reported compelling high-grade gold intercepts from its Irvine Project in Victoria’s Stawell Gold Corridor, reinforcing confidence in expanding its existing resource base.

BMG Resources has raised $2.5 million in a placement led by Tribeca Investment Partners to fund an expanded drilling program at its Abercromby Gold Project and advance exploration at Bullabulling. The company also welcomes Ben Pollard as its new CEO to spearhead growth.

Barton Gold Holdings has kicked off its 2026 drilling campaign at the Tunkillia Gold Project, aiming to secure Ore Reserves, complete a pre-feasibility study, and lodge a Mining Lease application by the end of the year.

Xpedra Resources has appointed mining veteran Scott Funston as Managing Director, aligning leadership with the launch of its maiden drilling program at the promising Springfield Gold Deposit in NSW.

Catalina Resources has verified a copper-rich Volcanogenic Massive Sulphide system at its Breakaway Dam Project in Western Australia, prompting a substantial follow-up drilling program. Concurrently, gold mineralisation continuity is confirmed at the Leghorn Prospect within the Evanston Project.

Galileo Mining’s recent drilling at its Norseman project has confirmed promising palladium-platinum-gold mineralisation near surface, with a funded diamond drilling program poised to test for deeper extensions beneath the Callisto deposit.

Mount Hope Mining (MHM) showcased strong drilling outcomes at its Mt Solitary gold project, reinforcing its strategic foothold in the prolific southern Cobar Basin. The company is advancing exploration with a clear pathway to resource definition and regional consolidation.

The Tennant Creek Copper Alliance has won $600,000 in government grants, matched by the partners, to fund a feasibility study for a shared critical minerals processing facility. This initiative aims to unlock the economic potential of copper, gold, silver, and bismuth resources in the Northern Territory.

FMR Resources has extended its second diamond drillhole at the Southern Porphyry target within the Llahuin Project JV in Chile, uncovering visual copper and molybdenite mineralisation linked to a key geophysical anomaly. This advancement sharpens the focus on the core of a significant porphyry system.

Everest Metals Corporation has released further assay results confirming thick, high-grade rubidium mineralisation at its Mt Edon project in Western Australia, underpinning an upcoming resource upgrade. The company’s collaboration with CSIRO is refining processing strategies to enhance recovery rates.