Latest Drilling News

Advance Metals has launched its first diamond drilling campaign at the high-grade Gavilanes Silver Project in Mexico, aiming to convert a substantial Foreign Estimate into a JORC-compliant resource by year-end.

West Coast Silver (ASX:WCE) has unveiled a comprehensive Growth & Development Plan for its Elizabeth Hill Silver Project, targeting a rapid transition to production via a high-grade, low-capex open pit operation supported by ongoing drilling and resource expansion.

Genesis Minerals is poised to boost its gold output to an aspirational 500,000 ounces per annum following its strategic acquisition of Magnetic Resources and the construction of a new Tower Hill mill in Western Australia.

Dreadnought Resources has launched a comprehensive target definition program at its Mangaroon Gold Project, deploying soil sampling and a gradient array induced polarization survey to pinpoint new drill targets ahead of discovery-focused drilling later this year.

Yandal Resources is ramping up its 2026 exploration campaign in the Yandal Greenstone Belt, leveraging a $14.7 million cash reserve and new infrastructure to expand discoveries at Arrakis, Flushing Meadows, and Mt McClure.

Redcastle Resources is accelerating its shift from exploration to production, with mining operations set to start by late May 2026 under a capital-light joint venture with BML Ventures.

Magnetic Resources has sent shareholders the detailed Scheme Booklet for Genesis Minerals’ $639 million acquisition, including an independent expert’s endorsement and unanimous board support, setting the stage for a pivotal vote.

Peel Mining’s scheme of arrangement with Aeris Resources, coupled with the demerger of Spectre Metals, gains strong endorsement from an independent expert, positioning shareholders for exposure to both a copper producer and a zinc-focused explorer.

Carnavale Resources has appointed Humphrey Hale as Managing Director, entrusting him to lead the Kookynie Gold Project into production as the company nears completion of its bankable feasibility study.

PhosCo Ltd has delivered maiden Mineral Resource Estimates for the KM and SAB phosphate deposits at its Gasaat Project in Tunisia, adding 20.2 Mt at 20.5% P₂O₅ and lifting the total resource to 166.6 Mt. The shallow, low-strip deposits promise improved early production and underpin an updated scoping study due in Q3 2026.

Argent Minerals has pushed the boundaries of its Kempfield polymetallic deposit with a 159m intercept averaging 80.6 g/t silver equivalent, confirming the project's bulk-tonnage potential and resource continuity.

Arika Resources has won a $211,000 government grant to fund deep diamond drilling targeting high-grade extensions at the historic Cosmopolitan Gold Mine in WA’s Kookynie district. The drilling aims to unlock a large, underexplored mineral system with parallels to major regional deposits.