Latest Drilling News

Clara Resources has progressed its Ashford Coking Coal Project with a planned drilling program and completed a $1.587 million capital raise, while moving to acquire a promising gold project in Far North Queensland.

Alma Metals has reported its most extensive and highest-grade copper intersections to date from the Briggs Copper JV Project, prompting a swift move to prefeasibility studies. The company also strengthened its balance sheet with a $2.1 million capital raise.

Atomic Eagle Limited has announced a substantial uranium exploration target at its Muntanga Project in Zambia, supported by promising drilling results that suggest significant resource expansion potential.

Cauldron Energy Limited has unveiled significant uranium discoveries at its Yanrey Project, bolstering its resource base as uranium prices surge on strong global demand and strategic investments.

Kaiser Reef Limited reported a robust December quarter with nearly 7,000 ounces of gold produced at Henty, a 29% increase in gold reserves, and a strengthened cash position of A$43.1 million.

Narryer Metals has advanced its critical minerals projects with new exploration targets at Rocky Gully and high-grade drilling results at Muckanippie, alongside encouraging metallurgical breakthroughs using organic acids.

PTR Minerals has reported significant expansion of its Rosewood Titanium Project, confirming extensive high-grade mineralisation and securing $12 million to accelerate development.

Central Petroleum has secured a letter of intent for a long-term gas supply contract through 2034 and expanded its exploration portfolio into the Otway and Cooper Basins, setting the stage for multiple new wells and production growth.

Mamba Exploration has sharpened its focus on gold exploration at the Ashburton Project, spotlighting the Bettina Prospect after historic high-grade results and a large gold anomaly signal promising near-term discovery potential.

Tolu Minerals Limited reports steady progress at its Tolukuma Gold Mine, advancing a major mine expansion project targeting 500 tonnes per day production by the first quarter of 2027. Key infrastructure developments, drilling expansion, and processing plant refurbishments underpin the company’s growth strategy.

White Energy Company Limited has bolstered its balance sheet with a $3.2 million entitlement offer while progressing multiple Australian mineral exploration projects and expanding commercial trials of its Binderless Coal Briquetting technology in South Africa.

Infinity Metals has completed drilling at its Cobungra Gold-Copper-Silver Project in Victoria, confirming mineralisation over a 2km strike, while awaiting regulatory feedback on its San Jose Lithium Mining Licence Application in Spain.