Latest Drilling Techniques News

Eastern Gas Corporation Limited, a Pure One subsidiary, has lodged a prospectus to raise $5.5 million to advance exploration and development of its Queensland gas assets, aiming for a standalone ASX listing.

Catalina Resources’ independent geological review confirms strong orogenic gold potential at Beasley Creek, spotlighting the Flamingo target with historic high-grade intercepts and clear drill readiness.

Caprice Resources has initiated the air core drilling phase of its fully funded 20,000m Phase 4 campaign at the Island Gold Project, targeting extensions of the Vadrians deposit and new gold-bearing formations. This multi-rig effort aims to advance the project towards a maiden Mineral Resource Estimate amid strong regional gold prospects.

Elixir Energy has raised approximately AUD 16.6 million through a two-tranche placement led by Omega Oil & Gas, aiming to fast-track its Taroom Trough gas projects and advance toward commercial production.

Omega Oil and Gas has secured a significant 19.43% equity interest in Elixir Energy, deepening its footprint in Queensland’s Taroom Trough and gaining exposure to near-term drilling catalysts.

Southern Hemisphere Mining has revealed a promising discovery of high-grade oxide copper mineralisation at surface during drill pad preparation at its Ferro South prospect in Chile’s Llahuin Project. Preliminary readings suggest a robust near-surface copper system that could accelerate development plans.

Sun Silver Limited’s latest drilling results at the Maverick Springs Project in Nevada confirm thick, consistent silver-gold mineralisation, reinforcing its status as a world-class precious metals system.

Riversgold Limited has commenced its second drilling phase at the Northern Zone Gold Project near Kalgoorlie, aiming to extend gold mineralisation ahead of planned mining in 2026. Results from the initial phase are expected soon, potentially shaping the project's next steps.

Magmatic Resources has launched a $3.5 million exploration drilling program at its Myall FJVA Project in partnership with Fortescue, targeting promising gold-copper porphyry deposits. The program includes both aircore and diamond drilling, alongside a geophysical survey, with initial results expected in early 2026.

PC Gold has reported a stunning high-grade gold intersection of 0.7m at 459.08 g/t Au from diamond drilling at its Spring Hill project, signaling significant potential beyond the current resource boundary. Follow-up drilling is set to explore these promising extensions further.

Meeka Metals reports robust high-grade gold intersections at Turnberry South, signaling potential resource expansion and a longer open pit mining phase beyond initial plans.

True North Copper reported significant copper-gold and copper-cobalt-silver discoveries in its September 2025 quarter, reinforcing its growth strategy and financial strength heading into 2026.