Latest Drilling Techniques News

Fin Resources Limited reports steady progress in lithium and uranium exploration across its Canadian and Australian projects, while managing a lean cash position and evaluating funding options.

Oakajee Corporation’s recent auger drilling at the Paynes Find Gold Project yielded disappointing results, with low gold and copper assays suggesting the alluvial cover remains a significant barrier to effective sampling.

Tlou Energy advances its Lesedi Gas-to-Power Project with the substation nearing completion and plans to commence power generation later this year, positioning itself to meet Botswana's growing energy needs.

Mitchell Services reported a $46.7 million revenue and $5.6 million EBITDA in Q2 FY25, reflecting a strategic transition phase marked by increased mobilisation for new projects in PNG and decarbonisation drilling. Despite short-term softness, the company’s strengthened balance sheet and expanded service offerings position it for growth.

Castle Minerals Limited reports robust gold intercepts from recent drilling at its Kandia Prospect in Ghana, confirming mineralisation continuity and depth extension with promising implications for resource growth.

Castle Minerals Limited's recent drilling at the Kandia Gold Prospect in Ghana reveals promising deeper gold mineralisation with increasing grade and width, setting the stage for expanded resource potential.

Brightstar Resources has reported impressive high-grade gold intercepts from its inaugural drilling campaigns at the Montague-Boulder and Whistler deposits, reinforcing the potential for resource growth within its Sandstone Gold Project.

Beacon Minerals has launched an eight-hole diamond drilling program at its Lady Ida Iguana Deposit, aiming to refine mine design and deepen geological understanding. Results are anticipated in the second quarter of 2025.

Yandal Resources has reported promising air-core drilling results at its Caladan target area, revealing significant gold mineralisation and the emergence of a new prospect named Arrakis. Follow-up drilling is planned to further explore this early-stage discovery within the Yandal Greenstone Belt.