Latest Drilling News

Olympio Metals has reported a surge in gold grades from its Phase 2 drilling at the Paquin Prospect within the Bousquet Gold Project, Quebec, delivering 36 new significant intercepts including a standout 3.8m at 5.03 g/t Au and reinforcing the bonanza-grade potential first revealed in March.

Yandal Resources has mobilised multiple rigs to its Ironstone Well-Barwidgee Gold Project, advancing extensional drilling at the Arrakis discovery and preparing for diamond drilling at Flushing Meadows, underpinning a busy 2026 exploration calendar.

Brazilian Critical Minerals and Southern Alliance Mining have agreed to collaborate on rare earth production, focusing on in-situ recovery methods to leverage operational experience and advance BCM’s Ema project.

Kingfisher Mining has resumed reverse circulation drilling at its Copper Blow project near Broken Hill, targeting extensions of high-grade copper-gold mineralisation to support a maiden resource estimate. The program follows a strategic processing agreement with Broken Hill Mines, underpinning development plans.

Pioneer Minerals has secured US Forest Service approval to reopen the Springfield Mine access road, a move that cuts capital expenditure and boosts exploration momentum at the North Pine Project in Idaho.

Amplitude Energy lifted gas prices and revenue to new quarterly highs in Q3 FY26 while pushing ahead with the East Coast Supply Project, despite mixed exploration results. The company’s production remains robust with capacity expansions at Orbost and development drilling in Cooper and Otway basins.

Accelerate Resources (ASX: AX8) has revealed encouraging shallow gold results from its Phase 2 RC drilling at the Balagundi Gold Project near Kalgoorlie, confirming multiple mineralised trends and refining exploration targets. The company also completed a sizable aircore program, with assay results pending.

AuKing Mining has agreed to acquire the Tundulu Rare Earths Project in Malawi, a large and under-explored carbonatite complex with strong historical drilling results. The acquisition is supported by a $3 million capital raise to fund exploration and drilling activities.

Krakatoa Resources has restructured its acquisition of the Zopkhito Antimony-Gold Project in Georgia, adopting a staged earn-in model that reduces upfront payments and prioritises capital deployment into exploration and development activities for 2026.

IRIS Metals has fortified its balance sheet with a A$5.5 million placement and is progressing towards an updated lithium-rubidium resource at Beecher while executing a farm-in deal for a tungsten project in Montana, reinforcing its diversified US critical minerals strategy.

Great Southern Mining (ASX:GSN) is set to restart diamond drilling at its Edinburgh Park joint venture in northern Queensland, focusing on the Mt Dillon target where a significant induced polarization anomaly suggests a large intrusive-related gold system.

Koonenberry Gold has extended gold mineralisation at its Enmore Project to over 415m depth, with visible gold spotted in multiple drill holes and promising results from wide-spaced RC drilling at Hand in Hand. The company maintains a strong cash position to fund ongoing exploration across its NSW portfolio.