Latest Drilling Results News

Larvotto Resources has identified a significant high-grade gold-antimony-tungsten mineralised system at Curry’s Block, with diamond drilling approved to test extensions. Tungsten’s critical mineral status and record prices add strategic weight to the project’s near-mine growth potential.

Raiden Resources has uncovered extensive new arsenic-in-soil anomalies at its Vuzel Gold Project in Bulgaria, signaling a potentially larger mineralised system beyond the previously drilled zone. Follow-up exploration and permitting efforts continue alongside pending metallurgical test results.

Lodestar Minerals has identified five new copper-molybdenum-gold porphyry targets at Los Loros, Chile, and confirmed encouraging IOCG-style alteration at Three Saints, setting the stage for maiden drilling campaigns.

Olympio Metals has earned a 51% interest in its Bousquet Gold Project in Quebec, Canada, following strong Phase 2 drill results, while completing the sale of its Dufay Gold Project for CAD$684k in cash.

Redcastle Resources' recent diamond drilling at Redcastle Reef and Queen Alexandra validates geological models and reveals promising mineralisation extensions, bolstering confidence in near-term mining plans.

Tanami Gold NL (ASX:TAM) is raising $70.5 million through a fully underwritten renounceable rights issue priced at $0.06 per share, a 34.78% discount to the last traded price, to finance development of its Central Tanami Project.

Jindalee Lithium has locked in a strongly supported A$11 million capital raise through a placement and entitlement offer to fund its McDermitt Lithium Project and the proposed NASDAQ listing of US Elemental Inc.

Asara Resources has raised $60 million through a strongly supported institutional placement to fast-track drilling and development at its flagship Kada Gold Project in Guinea.

Taiton Resources has finished drilling a single 810m diamond hole at its Yogi prospect within the Highway Project, South Australia, with assay results due in June.

ADX Energy’s HOCH-1 well has been deepened to 1619 metres, revealing six new thin gas sand intervals below the primary Hall Formation target. Wireline logging scheduled for 8 May will verify reservoir quality and gas saturation, with production testing to follow if results confirm the discovery’s potential.

Norwest Minerals reports strong metallurgical results from Bulgera, with gold recoveries up to 92% on coarse crushed samples, supporting a low-cost heap leach development pathway.

Catalyst Metals continues to expand the Trident underground gold deposit with drilling results that extend mineralisation beyond current resources, underpinning a decade-long mine plan at 60,000 ounces per annum.