Latest Drilling Results News

Octava Minerals (ASX:OCT) has completed its acquisition of the Byro Critical Minerals Project in Western Australia, issuing over 8.5 million shares and 2 million performance rights to vendors, subject to escrow and milestone conditions.

Loyal Metals Ltd (ASX:LLM) has reported assay results from drillhole 25HRDD003 at its Highway Reward Copper-Gold Project in Queensland, confirming a large, continuous VHMS Copper-Gold-Silver system. The 179m intersection at 1.47% copper equivalent supports a bulk-style mining opportunity distinct from historical narrow-lens models.

PhosCo Ltd has reported significant phosphate mineralisation from recent drilling at the KM prospect within its Gasaat Phosphate Project in Tunisia, supporting upcoming maiden resource estimates and project optimisation efforts.

Recharge Metals Limited has completed the acquisition of the Sunset Well Gold Project in Western Australia's Leonora district, securing a near-surface inferred gold resource of 94,500 ounces. The company raised approximately A$5.97 million through a placement and rights issue, bolstering its funding and leadership team to advance exploration activities.

St George Mining Limited (ASX: SGQ) has announced exceptional diamond drilling results from its Araxá Rare Earths and Niobium Project in Brazil, including the thickest intercept to date of 178.7m at 4.34% TREO and 0.75% Nb2O5 from surface. These results reinforce Araxá's status as a world-class undeveloped resource with potential for dual revenue streams from rare earths and niobium.

Lachlan Star Limited (ASX: LSA) has commenced its first diamond drilling program at the New Waverley Gold Project in Western Australia’s Norseman region, aiming to test high-grade gold mineralisation identified in historical pits and drill results.

Native Mineral Resources has locked in a $4 million unsecured loan from a related party to finance exclusive mining rights at the Podosky Gold Project, avoiding equity dilution amid a tight funding window.

Wildcat Resources Limited (ASX: WC8) has announced a 300m northerly extension of spodumene mineralisation at its Bolt Cutter Central lithium discovery in Western Australia, expanding the known footprint to over 2.3km northwest and up to 800m northeast. Metallurgical drilling has intercepted spodumene in all holes, with further drilling and metallurgical testing planned.

Duketon Mining Limited has started its inaugural drilling campaign at the Barlee Gold Project, targeting multiple significant gold anomalies, while completing reverse circulation drilling at the Boodanoo Project with assay results pending.

Many Peaks Minerals has reported significant high-grade gold intercepts from recent diamond drilling at its Ferké project in Côte d’Ivoire, advancing towards a maiden Mineral Resource Estimate planned for early 2026.

Felix Gold’s 2025 drilling at the NW Array prospect confirms extensive near-surface gold mineralisation alongside high-grade antimony, reinforcing its dual-commodity potential at Treasure Creek.

MRG Metals has confirmed a straightforward and scalable processing method for its high-grade rare earth mineralisation at the Garies Project, achieving an initial 72% recovery of monazite concentrate with potential for further gains.