Latest Drilling Updates News

Nelson Resources has staked 186 federal claims forming the Cinnamon Property in Nevada, directly adjoining Guardian Metal's Pilot Mountain tungsten project, positioning itself in a critical US mineral district amid soaring tungsten prices and supply concerns.

Forrestania Resources has reported significant high-grade gold intersections from its 2026 drilling campaign at the Mt Palmer Gold Project, reinforcing the potential to expand its mineral resource near key processing infrastructure in Western Australia.

Austral Resources has bolstered its Cameron River Project with final assays revealing gold and silver alongside high-grade copper at Snow Queen, underpinning its regional growth strategy.

Corazon Mining has requested a voluntary suspension of its ASX-listed shares pending an announcement on drilling results and a potential acquisition, with trading halted from 12 to 15 May 2026.

Unico Silver’s latest drilling at the Joaquin Project delivers record silver equivalent grades at Breccia Puntudo and expands mineralisation at La Negra SE and La Morocha SE, underpinning resource growth ahead of the Pre-Feasibility Study.

Tribune Resources plans an on-market buyback of up to 5.25 million shares valued at approximately $27.8 million, aiming to return capital without disrupting ongoing operations.

Brightstar Resources (ASX:BTR) has reported multiple high-grade gold intercepts from ongoing drilling at its Sandstone Gold Project, supporting a mid-year resource upgrade and Pre-Feasibility Study.

Sunstone Metals has affirmed the materiality of its Bramaderos Gold-Copper Project scoping study following an ASX compliance letter addressing unusual share price movements prior to the study's release.

Hot Chili Limited’s latest drilling at La Verde in Chile reveals a broad 180-metre mineralised step-out and strong near-surface continuity, reinforcing the project’s growth potential ahead of pending assay results.

Tennant Minerals has raised $2.8 million to accelerate drilling and development at its high-grade Bluebird discovery in the Tennant Creek region, aiming to more than double the mineralised footprint and advance processing studies.

ADX Energy is progressing its HOCH-1 shallow gas well in Upper Austria, targeting up to 17.3 BCF of prospective gas resources with drilling at 950 metres depth and plans for two more wells this year.

Aldoro Resources has defined high-priority gold targets at its Damara Gold Project and confirmed significant rare earth and associated mineralisation at Kameelburg, with drilling and metallurgical progress underpinning its dual-commodity strategy.