Latest Drilling News

PC Gold has reported multiple thick, high-grade gold intercepts from drill hole MS-011, extending the Main Zone strike at its Spring Hill Gold Project by 120 metres to the south. This discovery opens up significant potential to increase resource size and improve project economics within the existing pit shell.

High-Tech Metals is poised to launch a significant 5,000-metre drilling campaign at its Mt Fisher Gold Project, aiming to grow and upgrade its existing gold resource by targeting high-grade zones beyond current boundaries.

Reward Minerals has executed a binding agreement to acquire the Mountain Pond Gold Project in Newfoundland, featuring high-grade gold and copper assays and no prior drilling. The company plans to commence drill testing in the 2026 field season.

EQ Resources Limited showcased its strategic position as a leading tungsten producer with strong growth ambitions amid a tightening global supply deficit. The company’s dual operations in Australia and Spain underpin its role in securing ethical tungsten supply chains for Western markets.

Iron Bear Resources has received crucial exploration approvals from Newfoundland authorities, paving the way for a major drilling program aimed at expanding its vast iron ore resource in partnership with Vale S.A.

Aquirian Limited has bolstered its growth trajectory with a $20 million Mt Ida contract and significant advancements in its patented Collar Keeper® system, alongside commissioning its Wubin facility.

Godolphin Resources has revealed a significant 21% increase in gold recovery at its Lewis Ponds Project through the integration of gravity recoverable gold processing, potentially enhancing the project’s already robust economics.

Core Lithium has taken the final investment decision to restart its Finniss Lithium Project, backed by a $307 million diversified funding package and strategic partnerships. The project targets a 20-year mine life with low operating costs and significant growth potential.

Lodestar Minerals has verified xenotime as the dominant heavy rare earth mineral at its Virgin Mountain project in Arizona, highlighting critical elements essential for US defence and clean energy. The discovery positions the project as a strategic domestic source of scarce heavy rare earths.

Variscan Mines maintains its 49% interest in the Callabonna Project while Chalice Mining steps in to fund and accelerate exploration through a new earn-in deal with Red Metal.

Lachlan Star Limited has provided important clarifications on visible gold imagery from its New Waverley project, confirming high-grade assay results while cautioning on the qualitative nature of visual gold observations.

CuFe Ltd has significantly upgraded the Orlando Copper-Gold Deposit resource classification at Tennant Creek, boosting Indicated tonnes to 87% and enabling underground mining studies. This milestone enhances the project’s economic outlook with critical minerals now factored into upcoming development plans.