Latest Drilling Results News

Variscan Mines has locked in a A$1 million convertible loan note facility to accelerate exploration and development at its Novales-Udías Zinc Project in northern Spain. This funding underpins the company’s strategy to restart production at the high-grade San Jose Mine.

Tempest Minerals advances its exploration portfolio with a binding $4.5 million sale of the Yalgoo Project to Capricorn Metals and reports encouraging gold intercepts at its Range Project.

Orbminco Limited has completed its acquisition of the Majestic North Gold Project and initiated an infill drilling program to boost resource confidence. The company also refreshed its leadership with new technical and board appointments as it charts a strategic path forward.

Burley Minerals is progressing its Cane Bore Iron Project with planned drilling following heritage surveys, while reviewing its Chubb Lithium Project strategy amid rising lithium prices. The company also relinquished its Yerecoin Iron Project due to legal challenges.

High-Tech Metals reports strong drilling results at Wagtail Gold Deposit and secures $10.7 million from option exercises, advancing its Mt Fisher and Mt Eureka gold projects.

OzAurum Resources has reported strong drilling results and promising heap-leach testwork at its Mulgabbie North Gold Project, alongside a strategic $4.1 million placement to Forrestania Resources.

Enterprise Metals’ latest quarterly report highlights encouraging drilling results at the Vulcan prospect within the Doolgunna Project, revealing potential for a significant gold and copper-zinc mineralised system. Meanwhile, exploration continues across multiple WA projects amid ongoing funding efforts.

Triton Minerals has executed a key agreement advancing the sale of 70% of its Mozambique graphite assets and completed initial drilling at its Aucu gold-copper project, positioning the company for growth amid stable operating conditions.

North Stawell Minerals has reported promising diamond drilling results at its Darlington Prospect, reinforcing its status as a key target within the Stawell Mineralised Corridor. The company also secured $900,000 in new funding to support its 2026 exploration plans.

European Lithium Limited has bolstered its cash reserves with over A$300 million from share sales in Critical Metals Corp, while delivering promising high-grade rare earth drilling results at its Greenland Tanbreez Project.

Enterprise Metals has reported encouraging drilling results from its Vulcan Prospect in Western Australia, revealing significant gold mineralisation and evidence of a substantial copper-zinc-gold system. The findings support ongoing exploration efforts backed by government funding.

Ausmon Resources advances its rare earth elements exploration in South Australia’s Limestone Coast, unveiling promising drilling results and plans for detailed grid drilling in 2026. Concurrently, the company pursues base metals and gold prospects in New South Wales and Queensland.