Latest Drilling Techniques News

Australian Rare Earths Limited confirms uranium mineralisation in initial drilling at its expansive Overland Project, validating its geological model and highlighting potential for cost-effective ISR mining.

Kinetiko Energy reports sustained and improving gas flows from its South African test wells, prompting a drilling optimization study to enhance recovery and support future production.

Stellar Resources has reported a significant new high-grade tin intersection at its Queen Hill deposit, potentially expanding the Heemskirk Tin Project’s resource base and boosting production forecasts.

Kaiser Reef Limited’s latest drilling at the Nova Zone within the A1 Gold Mine has revealed promising high-grade gold mineralisation, extending known reef systems and shaping future mine plans.

Warriedar Resources has reported compelling assay results from its Q4 2024 drilling at the Golden Range Project, revealing multiple high-grade gold intersections that underscore significant resource growth potential.

Central Petroleum Limited reported a solid quarter ending December 31, 2024, driven by increased gas production from new wells and a restructured loan facility that enhances financial flexibility.

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.