Latest Drilling Validation News

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.

Ballymore Resources’ maiden reverse circulation drilling at the historic Torpy’s Crooked Creek mine reveals significant massive sulphide lead-zinc mineralisation, confirming extensions to the old high-grade silver-lead-zinc workings. Assay results are pending, promising further insights into this emerging Queensland base metals play.

Alma Metals has extended its drilling program at the Briggs Copper Project, confirming strong porphyry copper mineralisation consistent with its resource model and initiating new exploration to the northwest.

Western Gold Resources has confirmed strong grade continuity and mineralisation at its Gold Duke Project, underpinning a positive Decision to Mine. The comprehensive drilling program supports robust cash flow forecasts and a rapid project payback.

New Age Exploration advances its Pilbara and New Zealand gold projects with promising geological results and secures $3.75 million to fund further exploration.

Western Mines Group has reported significant nickel sulphide mineralisation in its ongoing Phase 4 drilling at the Mulga Tank Project, alongside securing $3.72 million in fresh capital to accelerate exploration efforts.

Warriedar Resources reports robust drilling results confirming extensions of high-grade gold and antimony mineralisation at key Western Australian projects, alongside an increased acquisition offer from Capricorn Metals.

Cazaly Resources reports strong gold assay results at its Goongarrie Gold Project, confirming mineralisation over a 700m strike and prompting an expanded aircore drilling program. The company maintains a solid cash position of $2.4 million as it advances multiple exploration fronts.

Western Mines Group has successfully extended a high-grade nickel sulphide zone at its Mulga Tank project in Western Australia through diamond drilling, confirming a robust mineral system with promising parallels to the Perseverance deposit.

Horseshoe Metals reports encouraging RC drilling results at its Horseshoe Lights Copper-Gold Project, confirming wide zones of near-surface oxide copper mineralisation at Motters. The company is advancing towards Direct Shipping Ore operations and progressing offtake negotiations.

Loyal Metals has intersected an extensive 132.5-meter zone of massive sulphides in its first drill hole at the Highway Reward Copper-Gold Mine, marking a significant milestone in exploration after two decades. This discovery highlights promising copper-gold mineralisation close to the open pit, with follow-up drilling underway.

Breakthrough Minerals reports encouraging soil sampling results at its Errolls Gold Project in Western Australia, setting the stage for imminent reverse circulation drilling. The company maintains a solid cash position of approximately AUD 1.68 million to support exploration activities.