Latest Drilling News

Aurelia Metals reported a strong March quarter with gold production rising to 13koz, upgraded FY26 guidance, and a new A$150 million financing deal that unlocks restricted cash and strengthens liquidity.

Minerals 260 has locked in a $220 million funding deal with Franco-Nevada, combining royalty and equity financing to fast-track its 4.5Moz Bullabulling Gold Project. Strong drilling results and accelerated project work underpin a development timeline targeting first production by end 2028.

Greatland Resources delivered a record $260 million cash build in the March 2026 quarter, underpinned by 82,723 ounces of gold production at a $2,056/oz AISC and a 150% increase in Telfer's Mineral Resource Estimate to 8 million ounces gold.

Kincora Copper has kicked off a capital-efficient, sole-funded drilling campaign at its 100%-owned Condobolin gold-silver-base metals project in NSW’s Cobar Basin, targeting extensions to the high-grade Meritilga discovery and testing new geochemical and geophysical anomalies.

29Metals has delivered strong final drill results from its 2025 program at Golden Grove, revealing high-grade copper and zinc intercepts that promise to boost mineral resources and mine flexibility. The company plans a significant exploration budget increase for 2026 to capitalize on this momentum.

Trek Metals has confirmed exceptional manganese grades at its Kuro Prospect, secured expanded tenure, and completed a $15 million capital raise to fund maiden drilling starting May 2026.

Ballard Mining has unveiled new high-grade gold intercepts at its Ayla prospect and extended mineralisation at Golden Vale, suggesting the entire 13km Ballard Fault zone at Mt Ida may be mineralised. The company is accelerating drilling to support production growth beyond the 1.0 Moz Baldock deposit.

QMines Limited’s latest drilling at Mount Mackenzie confirms a broad, structurally controlled high-grade gold system with multiple mineralised zones open at depth and along strike.

TMK Energy’s Gurvantes XXXV project hit a new daily gas production record exceeding 1,350 m³, confirming commercial desorption. The company secured $6 million in funding and regulatory approval to drill three new pilot wells and advance domestic gas use in Mongolia.

Jade Gas Holdings has secured Mongolian regulator approval for its TTCBM Project appraisal report, paving the way for reserve booking and submission of a development plan toward Mongolia's first significant gas operation.

Yandal Resources has confirmed a 100m southeast extension of high-grade gold mineralisation at its Arrakis discovery, with significant new RC drill results supporting underground exploration potential.

MetalsGrove Mining has defined multiple gold prospects at its Zuénoula permit, highlighting the Fifty-Five Prospect with a standout 583 ppb gold anomaly, while also initiating soil sampling at Vavoua and securing $2.7 million in capital.