Latest Drilling Updates News

Western Mines Group Ltd (ASX:WMG) has released assay results from three Phase 4 reverse circulation drill holes at its Mulga Tank Project, confirming broad zones of nickel sulphide mineralisation with notable high-grade intervals. Drilling continues amid weather and fuel supply challenges.

Lachlan Star Limited (ASX: LSA) has commenced its first diamond drilling program at the New Waverley Gold Project in Western Australia’s Norseman region, aiming to test high-grade gold mineralisation identified in historical pits and drill results.

Black Horse Mining has reported exceptional high-grade gold results from its Mt Egerton project, including assays reaching 46.2 grams per tonne, extending known mineralisation vertically by 10 metres. The findings reinforce the potential for significant unmined gold lodes at shallow depths.

Lachlan Star Limited has provided important clarifications on visible gold imagery from its New Waverley project, confirming high-grade assay results while cautioning on the qualitative nature of visual gold observations.

Pacgold Limited is advancing its White Dam Gold Project with 95% completion of the Vertigo drilling program, delivering strong assay results that support an imminent resource upgrade. Operational milestones include commissioning of heap leach pad crushing, setting the stage for a production ramp-up.

TG Metals Limited has reported strong new drilling results from its Van Uden Gold Project, confirming increased gold continuity and extensions to its existing resource. Diamond core drilling has commenced, aiming to further expand the mineral resource estimate.

Tartana Minerals has reported promising exploration results at Cardross, supporting resource expansion and plans to scale up copper sulphate production. The company is also advancing a joint venture with Alt Resources to accelerate strategic metals exploration.

Odyssey Gold Limited has successfully raised approximately $9 million through a placement to fund accelerated development at its Tuckanarra Gold Project in Western Australia.

Adelong Gold has updated its Lauriston Project drilling progress, revealing visible gold in drillhole AC2502 and confirming assay results for six Comet prospect holes are expected in Q1 2026. Drilling has also commenced at the nearby Yankee-Trojan prospect, maintaining momentum in this promising Victorian gold-antimony system.

Austral Resources Australia Ltd has agreed to acquire the Lady Loretta mine from Glencore for A$45.5 million, consolidating its copper assets near the Lady Annie Copper Mine and boosting its processing feedstock. This strategic move strengthens Austral’s balance sheet and advances its vision to become a mid-tier copper producer in Queensland.

Cauldron Energy has announced a second new uranium discovery this year at its Yanrey Uranium Project, with the Cosgrove prospect delivering a third consecutive 'hole-in-one' success. Meanwhile, drilling at Manyingee South continues to expand known mineralisation, underpinning plans for updated resource estimates in early 2026.

Yugo Metals Limited has secured a dual listing on Germany’s Frankfurt and Dusseldorf Stock Exchanges, enhancing its access to European investors, while initial drilling at its Sinjakovo Project in Bosnia-Herzegovina reveals encouraging silver-lead-zinc mineralisation.