Latest Drilling News

Botala Energy faces an ASX price query after its shares jumped from $0.055 to $0.073 amid heavy trading, prompting scrutiny over undisclosed information and continuous disclosure compliance.

Flynn Gold has offloaded its Forrestania and Lake Johnston projects to Forrestania Resources for $350,000 in shares, sharpening its focus on Tasmanian gold, tungsten, and silver ventures.

American Uranium has launched a $2.59 million entitlement offer with free attaching options, highlighting its robust uranium resources in Wyoming and ongoing drilling plans.

Forrestania Resources has announced a maiden JORC compliant inferred resource of 58,700 ounces at its Burracoppin gold project in WA, with plans for further drilling and metallurgical testing to upgrade the deposit.

Tennant Minerals has delivered a standout diamond drilling result at its Bluebird copper-gold-bismuth discovery, extending high-grade mineralisation and highlighting bismuth’s rising strategic value.

Alvo Minerals has raised A$1.25 million through a premium-priced placement to strategic investors, bolstering its exploration efforts at key critical minerals projects in Brazil, including the Palma copper-zinc resource and rare earth element targets.

Strike Energy has successfully drilled the Walyering West-1 well, revealing a new conventional gas accumulation in the Perth Basin with promising reservoir characteristics and proximity to existing infrastructure.

AKORA Resources has secured a 25-year mining permit for its flagship Bekisopa iron ore project, a critical step toward development, but faces suspension from ASX quotation due to late reporting.

Sinowin Lithium, MRG Metals’ JV partner, will fund drilling at Corridor North in Mozambique, extending its investment beyond the 2 billion tonne Corridor Central and South projects targeting 2027 production and a ramp-up to 800,000 tonnes per annum.

Redcastle Resources has cleared key regulatory hurdles at Queen Alexandra and Redcastle Reef, setting the stage for mining operations and potential first gold revenues in 2026 under a capital-light joint venture with BML Ventures.

Waratah Minerals has delivered a second exceptional >200 gram-metre gold intercept at its Consols Zone, significantly expanding the Spur Project’s high-grade footprint in New South Wales. Concurrent drilling at the Spur Zone continues to confirm robust near-surface mineralisation, underpinning the company’s aggressive growth ambitions.

Sierra Nevada Gold (ASX: SNX) has received five exploration licences for its As Safra copper-gold project in Saudi Arabia, granted by Royal Decree, allowing immediate drilling with three rigs on site. The licences reflect top-level government support and align with Saudi Arabia’s Vision 2030 mining ambitions.