Latest Drilling News

Yandal Resources is ramping up its 2026 exploration campaign in the Yandal Greenstone Belt, leveraging a $14.7 million cash reserve and new infrastructure to expand discoveries at Arrakis, Flushing Meadows, and Mt McClure.

Redcastle Resources is accelerating its shift from exploration to production, with mining operations set to start by late May 2026 under a capital-light joint venture with BML Ventures.

Magnetic Resources has sent shareholders the detailed Scheme Booklet for Genesis Minerals’ $639 million acquisition, including an independent expert’s endorsement and unanimous board support, setting the stage for a pivotal vote.

Peel Mining’s scheme of arrangement with Aeris Resources, coupled with the demerger of Spectre Metals, gains strong endorsement from an independent expert, positioning shareholders for exposure to both a copper producer and a zinc-focused explorer.

Carnavale Resources has appointed Humphrey Hale as Managing Director, entrusting him to lead the Kookynie Gold Project into production as the company nears completion of its bankable feasibility study.

PhosCo Ltd has delivered maiden Mineral Resource Estimates for the KM and SAB phosphate deposits at its Gasaat Project in Tunisia, adding 20.2 Mt at 20.5% P₂O₅ and lifting the total resource to 166.6 Mt. The shallow, low-strip deposits promise improved early production and underpin an updated scoping study due in Q3 2026.

Argent Minerals has pushed the boundaries of its Kempfield polymetallic deposit with a 159m intercept averaging 80.6 g/t silver equivalent, confirming the project's bulk-tonnage potential and resource continuity.

Arika Resources has won a $211,000 government grant to fund deep diamond drilling targeting high-grade extensions at the historic Cosmopolitan Gold Mine in WA’s Kookynie district. The drilling aims to unlock a large, underexplored mineral system with parallels to major regional deposits.

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.

Mount Ridley Mines’ latest 3D gravity inversion modelling validates its existing resource and uncovers multiple new high-priority rare earth and scandium targets, pointing to significant upside along strike and at depth.

Golden Dragon Mining has reported strong first-pass drilling results at its Behring Bore prospect within the Cue Gold Project, intersecting high-grade gold near surface and completing a follow-up drilling program with assays pending.

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.