Latest Drilling Results News

Tambourah Metals has delivered compelling high-grade gold assay results from its Bryah and Tambourah projects, while accelerating exploration of critical minerals at Speewah North with a solid $5.35 million cash buffer.

Paterson Resources has reported robust assay results from its Phase I drilling at the Grace Gold-Copper Project, revealing consistent shallow gold mineralisation over a 1.3km strike and setting the stage for a resource update and further drilling.

FireFly Metals has finalised the sale of its Ontario gold assets to Bellavista Resources, issuing 60 million Bellavista shares and 50 million performance rights as consideration. FireFly shareholders will receive Bellavista shares via an in-specie distribution, marking a strategic pivot towards its copper-gold projects.

Bellavista Resources has secured an 80% stake in the Pickle Crow Gold Project, backed by a 2.8 million ounce high-grade resource and fresh funding of A$16 million to fuel exploration.

EMC Gold is pushing forward with a drilling campaign at its Salave Gold Project while navigating a procedural setback from the High Court of Asturias. The company also surrendered its Ivan Well tenement in WA and maintains a solid cash position of CAD$4.6 million.

Verity Resources has completed an 11,000m drilling campaign at its Monument Gold Project, confirming and extending a 154,000oz inferred gold resource with high-grade, consistent intercepts and strong metallurgical recoveries.

Condor Energy has advanced its offshore Peru exploration with a new Raya West prospect, lifting its unrisked prospective resources above 3.3 billion barrels, while moving to 100% ownership of TEA 86 to streamline licence conversion and partnerships.

PTR Minerals delivered standout assay results from its Rosewood Titanium Project, confirming extensive high-grade mineralisation and strong metallurgical performance, keeping its maiden JORC resource estimate on track for Q2 2026.

PhosCo Ltd has reported rock chip assays up to 21.3% copper and 100 g/t silver from the King’s Eye prospect within its Simitu Project in northern Tunisia, alongside geophysical evidence of sulphide mineralisation at depth warranting immediate follow-up.

MB Gold Limited (ASX:MBG) has kicked off a significant 6,000-metre drilling program at its Marble Bar Gold Project following a successful $9 million IPO. The company also secured a Heritage Protection Agreement with the Nyamal Aboriginal Corporation, underlining its commitment to responsible exploration in the Pilbara.

CZR Resources has unveiled strong assay results from its Croydon Gold Project, confirming a significant gold system open in all directions. The company advances exploration at Edamurta and Yarrie, supported by a robust cash position.

Hammer Metals has launched a new drilling phase at its Kalman Critical Metals Project while identifying fresh large-scale targets across its Mount Isa portfolio. Joint venture drilling at Bullrush and Isa Valley delivers promising copper and zinc results, complemented by a mining lease application at Orelia North in the Yandal gold belt.