Latest Drilling News

Elevate Uranium Ltd has completed a $25 million capital raising and is nearing steady state operations of its U-pgrade pilot plant in Namibia, while expanding its uranium resource portfolio through extensive drilling and a strategic acquisition from Core Lithium Ltd.

Ordell Minerals has reported exceptional high-grade gold intersections at its Barimaia Gold Project in Western Australia, highlighting a shallow, open-pittable mineralisation zone. Drilling is set to resume in February 2026 to explore further extensions along a significant strike length.

Great Western Exploration has secured all permits to commence diamond drilling at the Oval Copper-Gold Targets in March 2026, aiming to test a potentially large VHMS copper-gold system akin to the nearby DeGrussa deposit.

Eagle Mountain Mining has launched a Placement Options Offer for 61.3 million options attaching to recent placement shares, potentially raising $1.23 million upon exercise. The offer supports ongoing exploration and strategic initiatives in Arizona copper projects.

Duketon Mining’s December 2025 quarterly report reveals significant gold anomalies across multiple projects and updated nickel resource estimates, underpinning a robust exploration outlook supported by a strong cash position.

EcoGraf’s maiden exploration in Tanzania delivers promising high-grade gold results, including a standout 4.45 g/t sample at Hazina, while a strategic farm-in with AngloGold Ashanti begins on the Golden Eagle project.

West Wits Mining has raised A$27.5 million through a firm equity placement, fully funding its Qala Shallows gold project to first production targeted for March 2026, while also advancing uranium exploration.

Fulcrum Lithium has secured permits for an extensive Phase 3 drilling program at its Alkali Flats project in Nevada, aiming to expand and refine its lithium resource amid a robust market rally.

PhosCo Ltd reports significant progress at its Gasaat Phosphate Project in Tunisia, backed by a €1 million EBRD grant and promising drilling outcomes at KM and SAB deposits. The company is well positioned amid rising global phosphate demand and tightening supply.

Nico Resources has completed a heavily oversubscribed $3.73 million placement to fund exploration and development at its flagship Wingellina nickel-cobalt project. The capital raise underscores strong institutional confidence in the project’s long-term potential.

ACDC Metals is progressing hydrometallurgical testwork on its Goschen Central rare earth project and advancing its White Hills gold exploration licence, aligning with Australia's new $1.2 billion Critical Minerals Strategic Reserve.

Venari Minerals has completed a successful drilling campaign at its Red Mountain Lithium Project, with assay results confirming significant lithium mineralisation and advancing towards a maiden resource estimate. The company also secured critical water rights, enhancing project development prospects.