Latest Drilling Updates News

Askari Metals has successfully closed an oversubscribed rights issue raising approximately $1.6 million to accelerate exploration at its promising Nejo Gold and Copper Project in Ethiopia and the Uis Project in Namibia.

Strickland Metals reports strong diamond drilling results at its Shanac Deposit in Serbia, revealing extensive gold and base metals mineralisation and confirming potential for resource growth beyond 5.3Moz AuEq.

TG Metals Limited has reported promising drilling results from its Van Uden Gold Project, highlighting multiple significant gold intercepts that support resource expansion and improved geological understanding.

Emu NL has raised $1.4 million through a discounted share placement to fund an expanded drilling program at its Yataga Copper Project, with drilling expected to start by late November 2025, subject to fire risk conditions.

FMR Resources has reached 1,198.9 metres in drilling at its Southern Porphyry target in Chile, revealing encouraging copper mineralisation and potassic alteration above the main target zone. Despite a temporary pause due to mechanical issues, drilling is set to resume soon, reinforcing confidence in the project’s geological model.

Geopacific Resources has reported compelling new gold assay results from its Woodlark Gold Project, confirming multiple high-grade zones and a promising new discovery at Kamwak. The ongoing drilling campaign signals significant resource growth potential in Papua New Guinea.

Minerals 260 Limited has reported compelling new drilling results at its Bullabulling Gold Project, revealing significant high-grade gold mineralisation extensions that could boost the current 2.3 million ounce resource estimate.

Resolution Minerals has confirmed a large, open-ended gold system at its Golden Gate prospect within the Horse Heaven Project, Idaho, with drill holes returning broad mineralised intervals from surface. The discovery aligns closely with nearby major deposits and sets the stage for accelerated exploration and development.

Scorpion Minerals Limited has resumed trading following a pivotal announcement on drilling results, a new tenement application, and a potential strategic partnership, alongside financing updates.

Altitude Minerals has acquired the Firenze Silver & Gold Project in Nevada and progressed drilling programs across its Australian tenements, backed by a $3 million capital raise. Assay results from multiple projects are expected soon, positioning the company for a busy exploration year ahead.

BMG Resources has addressed recent unusual trading activity, confirming no undisclosed material information and providing an update on its Bullabulling drilling program results.

CZR Resources has completed a $75 million sale of its Robe Mesa iron ore interest, emerging debt free with $76.3 million in cash to fund aggressive exploration at its Croydon gold and Edamurta copper projects.