Latest Drilling News

CGN Resources has expanded its foothold in Western Australia's Leonora gold district with new tenement grants and land access agreements, setting the stage for a robust 2026 exploration campaign.

Geopacific Resources advances its Woodlark Gold Project with strong drilling results and steady progress on its Definitive Feasibility Study, positioning the project for development readiness.

Yari Minerals reported a $1.2 million cash outflow this quarter driven by exploration at Rolleston South, leaving just over one quarter of funding available. The company remains confident in securing further capital despite no immediate plans to raise funds.

Yari Minerals has kicked off its inaugural drilling at the Rolleston South Coal Project, confirming thick, continuous coal seams and promising coal quality that could upgrade its resource status.

New Frontier Minerals has completed its maiden drilling campaign at Harts Range and secured a binding commercial framework with Metallium Ltd, unlocking a novel processing pathway for heavy rare earth elements. Meanwhile, progress at its NWQ Copper Project and a successful capital raise position the company for growth.

Belararox Limited has commenced diamond drilling at its flagship TMT Project in Argentina and completed initial drilling at its Kalahari Copper Belt project in Botswana, supported by a recent A$8.5 million capital raise and key board changes.

Basin Energy has expanded its footprint in Queensland with the acquisition of NeoDys Ltd and maiden drilling at Sybella-Barkly, while confirming significant uranium mineralisation in Sweden and agreeing to sell its Canadian Marshall uranium project.

Alchemy Resources’ recent Induced Polarisation survey at the Yellow Mountain Copper Project in NSW has revealed two significant new drill targets, expanding the project’s mineralised footprint and reducing exploration risk.

Basin Energy Limited reported a challenging cash flow quarter ending December 2025, offsetting operational outflows with financing inflows and strategic asset sales. The company remains confident in sustaining operations amid variable exploration costs.

Metal Hawk Limited has completed its maiden diamond drilling program at Leinster South, revealing significant high-grade gold intersections at the Thylacine Prospect and identifying new targets through advanced geophysical surveys.

PVW Resources advances its Brazilian rare earth projects while pursuing a strategic gold acquisition in the US, streamlining its portfolio to enhance capital efficiency.

Patronus Resources has reported robust exploration results across Western Australia and the Northern Territory, highlighting significant gold and uranium discoveries that promise to expand its resource base. With a strong cash position, the company is well placed to advance its projects in 2026.