Latest Drilling News

Buru Energy has secured $5.3 million through a two-tranche placement to fund enhanced development of the Rafael Gas Project, following a significant uplift in project economics from new engineering insights.

Omnia Metals has appointed Graham Peterson as Senior Geologist to drive exploration and resource definition at its key US critical minerals projects, leveraging his extensive North American experience and cross-jurisdictional insights.

High Peak Royalties has secured an upfront A$50,000 option fee from Massive Metals for a 12-month exclusive call option to acquire its Admiral Bay royalty rights, with potential to extend for another year and a total acquisition price of A$2 million.

Sierra Nevada Gold has begun refurbishing underground access at its New Pass Mine in Nevada, backed by metallurgical tests showing up to 97% gold recovery using conventional processing. The company targets trial mining and near-term cash flow from the high-grade Superior Vein.

American Uranium (ASX:AMU) has kicked off a $2.58 million pro rata rights issue at a 3.1% discount to fund expansion drilling and technical studies at its flagship Lo Herma ISR Uranium Project ahead of a Q3 scoping study.

Haranga Resources has kicked off a 4,000-metre Phase 3 reverse circulation drilling campaign at its Ibel South Gold Project in Senegal, aiming to extend high-grade gold mineralisation down dip and test new anomalies along a largely untested 5km corridor.

West Coast Silver has pinpointed a fresh high-priority conductive anomaly 50 metres east and 110 metres below the Elizabeth Hill Mine using Down Hole Electromagnetic surveying. The company is swiftly moving to drill test this target, which aligns with historic high-grade silver intercepts and could expand the resource base.

Auravelle Metals has enhanced its geological understanding of the Nuckulla Hill project with a detailed aerial magnetic survey, refining drill targets along the prolific Yarlbrinda Shear Zone and setting the stage for upcoming drilling campaigns.

Amplitude Energy has locked in a binding gas sales agreement with AGL Energy for 20 PJ of gas from the East Coast Supply Project, contingent on drilling results and set to start in mid-2028.

Talisman Mining has confirmed significant near-surface gold mineralisation at its Walkers Hill and East Peak Hill projects in NSW through recent aircore drilling, alongside receiving $0.79 million in iron ore royalties and maintaining a solid cash position.

Chariot Resources’ planned A$1.425 million strategic investment from Greatpower has lapsed after regulatory hurdles in China stalled approvals. Despite this setback, Chariot continues to engage multiple potential offtake partners for its Nigerian lithium projects, advancing site visits and technical work without firm agreements yet.

McLaren Minerals has announced a fully underwritten Share Purchase Plan targeting A$1.5 million at a 15.5% discount, offering eligible shareholders free attaching options. The capital will support feasibility studies and exploration at its key projects.