Latest Drilling News

Aguia Resources has secured critical financing and advanced key projects in Brazil and Colombia, setting the stage for phosphate production in early 2026 and improved gold output. Meanwhile, the company streamlines operations and divests non-core assets to sharpen its focus.

Tempest Minerals advances its exploration portfolio with a binding $4.5 million sale of the Yalgoo Project to Capricorn Metals and reports encouraging gold intercepts at its Range Project.

IRIS Metals has reported significant progress in its US lithium and critical minerals projects, highlighted by major rubidium discoveries and a strategic tungsten farm-in. The company is poised to enhance its role in domestic critical minerals supply chains.

Iceni Gold Limited reported a busy December quarter focused on advancing diamond drilling at its 14 Mile Well and Welcome Creek projects in Western Australia, with assay results expected soon and a cash position of $1.53 million.

Invictus Energy has reached a pivotal milestone by finalising the Petroleum Production Sharing Agreement for its Cabora Bassa Project, setting the stage for exploration and appraisal drilling in Zimbabwe in 2026. Meanwhile, the company has ended its strategic partnership with Al Mansour Holdings and is actively pursuing new funding avenues.

Orbminco Limited has completed its acquisition of the Majestic North Gold Project and initiated an infill drilling program to boost resource confidence. The company also refreshed its leadership with new technical and board appointments as it charts a strategic path forward.

Bellavista Resources has appointed a new leadership team and completed a detailed LiDAR survey over its Edmund Basin projects, setting the stage for targeted exploration and bioleaching test work.

Burley Minerals is progressing its Cane Bore Iron Project with planned drilling following heritage surveys, while reviewing its Chubb Lithium Project strategy amid rising lithium prices. The company also relinquished its Yerecoin Iron Project due to legal challenges.

Somerset Minerals has secured $3.7 million to accelerate exploration at its Coppermine Project in Nunavut, revealing promising high-grade copper mineralisation over a 7 km fault zone at Jura North. Extensive regional surveys aim to uncover further discoveries across its vast landholding.

Asian Battery Metals PLC has reported strong exploration progress in Mongolia, including excellent copper recoveries at its Oval project and high-grade copper-gold assays at Maikhan Uul, supported by a $6 million equity raise.

International Graphite Limited has secured key approvals and funding to progress its Collie Micronising Facility and European Expandable Graphite Project, positioning itself as a major supplier outside China.

Dalaroo Metals has completed its strategic acquisition of the Blue Lagoon critical minerals project in Greenland and is advancing gold exploration in Côte d’Ivoire, supported by new executive appointments and promising assay results.