Latest Drilling News

Iron Road Ltd has secured a $3 million milestone payment from Amp Energy and made significant progress on its Cape Hardy Industrial Port Precinct and Central Eyre Iron Project slurry pipeline study, reinforcing its strong cash position and strategic development plans.

Dart Mining's latest rock chip assays from the Triumph Gold Project reveal significant high-grade gold and silver mineralisation, confirming historical data and opening new avenues for exploration and resource growth.

iTech Minerals has entered a binding agreement with global lithium giant SQM to jointly develop the Reynolds Range Lithium Project, marking a significant step forward for the Northern Territory asset. This partnership enables SQM to earn up to a 70% stake in lithium rights, backed by a structured investment and exploration program.

Brazilian Critical Minerals Limited reports strong assay results from its 2024 drilling program at the Ema project, confirming widespread high-grade rare earth mineralisation ideal for in-situ recovery mining.

Golden State Mining's December Quarterly Report reveals promising exploration progress with three new gold target areas identified near the 11.2Moz Hemi deposit, alongside encouraging assay results from Canning Hill and planned drilling at Southern Cross East.

Sun Silver Limited reports exceptional drilling results from its Maverick Springs Project in Nevada, revealing a standout 132.59m mineralised intercept with high silver-gold grades that surpass current resource averages, highlighting significant growth potential.

Catalyst Metals is on track to nearly double its annual gold production to 200koz by revitalising the Plutonic East mine, backed by strong grade control drilling results and a modest A$31 million capital plan.

Hillgrove Resources delivered a robust December quarter with record development and copper production, underpinned by exceptional drilling results at Nugent. The company projects increased output and improved cost efficiency for 2025.

Nico Resources Limited reports steady progress on its flagship Wingellina nickel-cobalt project, highlighted by successful metallurgical testwork and Major Project Status recognition, despite cautious spending amid weak market conditions.

Boab Metals has locked in a US$30 million prepayment facility with Trafigura for its Sorby Hills Lead-Silver-Zinc Project and received key environmental approvals, setting the stage for a final investment decision in the second half of 2025.

Alkane Resources has reported significant gold intercepts from deep core drilling beneath the San Antonio deposit, revealing promising underground mineralisation potential. The company is advancing a comprehensive exploration program to expand its resource base at Tomingley.

Lithium Energy Limited has received a US$6 million second deposit from CNGR Netherlands, marking a key milestone in the US$63 million sale of its Solaroz Lithium Brine Project. Shareholder approval has made the amended sale agreement unconditional, setting the stage for phased completion in 2025 and 2026.