Latest Drilling Results News

Cobre has logged copper sulphide mineralisation in its first deep diamond hole at Sierra Atacama since 2021, extending the system below the existing operation. The result is encouraging but remains visual and preliminary, with laboratory assays due in October.

AuKing Mining has reported a 50-metre interval grading 2.03% TREO from surface at its Tundulu rare earths project in Malawi. The result, from drilling about 400 metres west of earlier holes, supports a broader near-surface mineralised footprint but remains exploration-stage evidence.

CGN Resources has expanded its exploration footprint across gold and copper, but the annual report pairs that growth with a material going-concern uncertainty. The company ended FY2026 with $2.11 million in cash against $1.99 million of operating cash outflows.

Right Resources has begun a fully funded 2,000-metre aircore program at its Blue Prospect near Tumbarumba, testing six tungsten and five gold anomalies for the first time below surface. Assay results are expected progressively during the December Quarter, but the campaign is exploratory and is not designed to define a Mineral Resource.

TechGen Metals has emerged from a year of lower losses and stronger cash reserves with three gold projects lined up for drilling, while copper and base-metal targets remain in the portfolio. The funding runway is improved, but the August capital raising and new director securities add a material dilution question.

Great Boulder Resources has used FY2026 to make the leap from gold explorer toward producer, acquiring Peak Hill and securing a 481,000-ounce resource alongside its 1.02 million-ounce Side Well project. The strategic shift came with a A$9.93 million loss, a heavily expanded share count and a clear near-term test: whether 40,000 metres of drilling can support development by late 2027.

Bellavista Resources is advancing a 15,000-metre drilling campaign and early development studies at Pickle Crow, while assay results have been pushed into October after Canadian laboratory delays. At Brumby, continuity drilling is complete and CSIRO column leach testwork is being prepared.

Forrestania Resources has reported wide, high-grade gold intersections from 15 additional reverse circulation holes at British Hill in Western Australia. A diamond rig is now being mobilised to test below current RC drilling limits as the company works towards a larger mineral resource estimate.

Empire Resources has identified four magnetic anomalies and prioritised two for drilling at its renamed Bradley Well project in Western Australia. Historical copper intercepts provide geological clues, but the targets remain untested and drilling timing depends on rig availability.

Altitude Minerals has secured a $1.215 million placement and plans a further $1.487 million rights issue to fund drilling at its Nevada gold-silver projects. The raising offers free options, but shareholders who do not participate in the non-renounceable offer face dilution.

CZR Resources has expanded its exploration case at Croydon, with shallow gold at Frank’s Patch and Baskerville complemented by deeper mineralisation at Top Camp. The company has also lodged a mining lease application for its Buddadoo vanadium-titanium-magnetite project.

Arrow Minerals has applied for an iron ore exploration tenement adjoining Rio Tinto's Robe Valley operations in Western Australia, a move that could expand its prospective landholding by 30% to 415 square kilometres. The application remains subject to tenure award, and no resource or economic estimate has been announced.