Latest Drilling News

Lindian Resources reports strong construction and mining readiness progress at Kangankunde, maintaining its timeline for first production in late 2026 while advancing a major expansion study.

Dreadnought Resources has identified a growing gold anomaly exceeding 7km strike at its Illaara Gold Project, with shallow mineralisation and strong orogenic pathfinder elements prompting immediate infill drilling plans.

Norfolk Metals has released a JORC 2012 Mineral Resource Estimate for its Chilean Ciclón Copper Project, revealing a substantial 11.8 million tonnes at 2.88% copper equivalent, with significant exploration upside and a transaction closing targeted for August 2026.

Buru Energy has launched a prospectus offering over 207 million new options free-attaching to a recent $5.3 million placement, aiming to back the commercialisation of its Rafael Gas Project and bolster working capital.

Daly Resources has posted a $352,743 loss for FY2025 amid aggressive expansion of its exploration portfolio, including the acquisition of the Huckitta and North Batten projects. The company is gearing up for a $10 million IPO in 2026 to fund its base metals and fluorite exploration ambitions.

Triton Minerals has secured Mozambique government approval for mining concessions tied to its graphite assets, a critical hurdle cleared in its joint venture deal with NQM Gold 2 Pty Ltd. This milestone de-risks the transaction and sets the stage for imminent completion and cash receipt.

Ballymore Resources has secured $5.2 million through an oversubscribed capital raise, boosting its capacity to fast-track exploration across multiple Queensland projects.

Aeris Resources has received Supreme Court approval to acquire Peel Mining, adding significant copper resources to its Tritton operations and setting the stage for long-life production growth.

Alligator Energy has secured a crucial option to acquire a lease enabling expanded exploration at its Samphire Project while addressing ASX concerns over recent trading linked to a Mineral Resource Estimate update.

FIN Resources has landed a C$111,034 government grant to expand its geophysical surveys at the Cabin Lake Gold Project in Canada’s Northwest Territories, aiming to sharpen drill targets and unlock further exploration potential.

Jindalee Lithium has completed a A$2.4 million entitlement offer, issuing over 5.2 million shares with attaching options to fund its McDermitt Lithium Project and support a NASDAQ listing.

Accelerate Resources has initiated a 1,200m reverse circulation drilling program at its newly identified Spencers gold prospect within the expanded Balagundi Gold Project, aiming to validate and extend promising shallow gold mineralisation.