Latest Drilling Updates News

Native Mineral Resources has produced 313.6oz of gross doré in its latest Blackjack smelt, with preliminary laboratory assays indicating about 157.4oz of contained gold. Mining is scheduled to resume at Mid Pit and Podosky as the company prepares for final refinery results and North Pit drilling updates.

Canterbury Resources has reported a broad copper-molybdenum intercept at Briggs while early core observations suggest its John Hill deposit may extend beyond the current resource boundary. The results support ongoing resource upgrades and feasibility work, but John Hill assays are still pending.

Tolu Minerals has more than doubled its reported gold resources to 1.33 million ounces after declaring a maiden 293,000-ounce resource at Mt Penck in Papua New Guinea. The project also carries a largely untested copper-gold porphyry target, but its proposed A$30 million exploration program still requires separate funding.

Aurum Resources has identified high-grade gold outside the current Mineral Resource at its BMT2 prospect in Côte d'Ivoire, including 2.38 metres at 22.01 g/t gold. The results arrive as the company moves towards a Boundiali resource update and Definitive Feasibility Study later this year.

Tolu Minerals has increased the Tolukuma gold resource by 81% to 909,000 ounces after four months of full-scale drilling, pushing its reported Papua New Guinea gold inventory above one million ounces. The proposed early 2027 restart now has a larger resource base, but remains dependent on infrastructure, technical work and conversion of resources into mineable reserves.

Ariana Resources has re-released its Dokwe drilling update after adding JORC disclosures, leaving the underlying results unchanged. The announcement reports broad gold intercepts, eight tonnes of samples sent to China for feasibility-level metallurgical testing and further work aimed at advancing the Zimbabwe project’s DFS.

TechGen Metals has started drilling at its Blue Devil copper-gold target in East Kimberley, WA, backed by government co-funding. Meanwhile, drilling at the Red Devil target completed with pyrite but no copper mineralisation observed.

Flynn Gold’s 2026 drilling at Firetower in northern Tasmania confirms multiple high-grade gold-tungsten-copper-cobalt zones, extending mineralisation depth and strike. Assays from two further holes are pending, with metallurgical testwork and resource modelling underway.

Minrex Resources has reported strong assay results from the first ten infill drill holes at its Barje deposit, revealing shallow, high-grade gold-silver mineralisation that supports a low-strip, high-margin open pit scenario. The company is boosting its 2026 drilling program to 9,000 metres to explore extensions along the Barje-Liska corridor.

TechGen Metals has kicked off its maiden diamond drilling campaign at the Red Devil IP target within its 100% owned Blue Devil Project in WA, testing a standout geophysical anomaly with surface assays hitting up to 52.3% copper and 5.35 g/t gold.

Santa Fe Minerals (ASX:SFM) has reported assay results from 16 diamond and reverse circulation drill holes at its Satama Gold Prospect in Côte d’Ivoire, confirming gold mineralisation over at least 2.5km strike and at depth. Drilling was hampered by an RC rig failure, prompting a shift to diamond drilling and plans to resume RC drilling for step-out targets.

Li-FT Power has consolidated its Quebec lithium assets through the Winsome acquisition, secured an option on the Renard mine site, and bolstered its balance sheet with a C$20 million financing to fuel exploration and development.