Latest Drilling News

Finder Energy (ASX:FDR) is advancing its KTJ Project in Timor-Leste, aiming for a final investment decision by mid-2026 and first oil production by late 2027. Ownership of the Petrojarl I FPSO and strategic alliances underpin a fast-tracked development with forecast production of up to 30,000 barrels per day.

Marimaca Copper Corp. reported a robust cash position of $147.7 million in Q1 2026, driven by a C$409 million equity raise, supporting ongoing development of its Marimaca Project in Chile.

Maronan Metals is set for a leadership change as Managing Director Richard Carlton steps down in December 2026, with a CEO search underway to guide the project through feasibility and mine development.

Middle Island Resources has significantly extended the polymetallic soil anomaly at its Bobija Project in Serbia, uncovering a major silver-lead-zinc-antimony system consistent with a carbonate replacement deposit. High-grade assays and visible stibnite mineralisation highlight the project's growing potential near an operating mine.

Boab Metals launches a 5,000-metre drilling campaign at Sorby Hills targeting resource upgrades and silver expansion, alongside greenfield exploration at Manbarrum.

Freehill Mining has secured and reviewed the Mineral Resource Estimate block model for its Blanco y Negro copper-gold project in Chile, enabling accelerated underground mine planning and highlighting growth potential amid a strengthening copper market.

Arika Resources has delivered a robust set of shallow gold intercepts at its Yundamindra Gold Project, confirming mineralisation continuity over a 2.5km strike and uncovering multiple new lodes with significant expansion potential.

Industrial Minerals Ltd (ASX: IND) is set to acquire the Laverton Gold Portfolio, a drill-ready 205km² package in a prolific WA gold district, backed by a $3 million capital raise and board changes aimed at accelerating exploration.

Argent Minerals has pushed silver mineralisation beyond the current Kempfield Lode 100 resource boundary with a broad 91.2m intercept from near surface, highlighting significant potential for resource growth and mine development optionality.

Charger Metals has extended spodumene mineralisation at its Medcalf deposit to 700 metres depth, prompting a pending resource upgrade beyond the maiden 8.2Mt @ 1.0% Li2O estimate.

Sunshine Metals has reported standout drilling results from its Liontown Gold Panel, including 22 metres at 20.25 grams per tonne gold, underpinning a resource update and revised mining study planned for mid-2026.

European Resources Limited has closed a renounceable rights issue raising $2.57 million before costs, issuing 171.4 million new shares and options to fuel exploration and metallurgical programs in Finland and Slovakia.