Latest Drilling News

Lightning Minerals has confirmed extensive gold and base metal mineralisation along a 12km strike at its Mt Turner Project, Queensland, following a successful inaugural drill program. The company secured A$2.5 million to fund an ambitious Phase 2 drilling campaign set for early 2026.

Top End Energy advances its Serpentine hydrogen project and Beetaloo gas exploration while pivoting to power land development for the booming US AI data center sector.

Sierra Nevada Gold (ASX – SNX) has won the bid for the expansive As Safra Copper-Gold Project in Saudi Arabia, marking a major step in its global exploration strategy. Concurrently, drilling progresses at its Nevada Warrior Gold Project with results anticipated soon.

Jade Gas Holdings reported continuous gas production from two wells at its Red Lake coal bed methane project in Mongolia during Q4 2025, confirming commercial viability with exceptionally high methane purity. The company also secured a $70 million non-binding LOI and appointed a new CEO to drive development.

Canterbury Resources has completed a positive Scoping Study for its Briggs Copper Project, confirming a large-scale mineral resource and committing to a Pre-feasibility Study. The company also raised $1.24 million via a Share Purchase Plan during the quarter.

Carnaby Resources has reported a 10% increase in its Greater Duchess Copper Gold Project resource, completed full ownership of the JV, and is advancing its pre-feasibility study with strong cash backing and promising drill results.

Nexus Minerals Limited reports significant progress at its Wallbrook Gold Project with high-grade drill results across multiple prospects and advancing permitting for Crusader-Templar. The company is positioning Wallbrook as an emerging gold camp with promising growth potential.

Taiton Resources has completed drilling at its Challenger West project and is preparing to drill at the Highway project's Yogi prospect, backed by a $2 million capital raise and a key board appointment.

Felix Gold has transitioned from exploration to development with a metallurgical breakthrough producing military-grade antimony and is advancing pilot plant operations and government funding applications to meet US military demand.

Lotus Resources reports steady progress at its Kayelekera uranium mine despite supply challenges, while its Letlhakane project shows promising metallurgical advances. The company targets full production and first shipments in the second quarter of 2026.

Magnum Mining & Exploration has accelerated its rare earth elements (REE) exploration with new drilling programs in Brazil and the acquisition of the Wet Mountains REE Project in Colorado, backed by a $7 million capital raise.

NewPeak Metals has commenced drilling at its Tansey Gold Project in Queensland while securing full ownership and environmental approvals for its Las Opeñas Gold Project in Argentina, setting the stage for expanded exploration in 2026.