Latest Drilling News

Mithril Silver and Gold Limited reports significant high-grade gold and silver drill results at Target 1 in Mexico’s Copalquin district, setting the stage for an imminent resource estimate update and an aggressive 2026 exploration campaign.

Western Yilgarn NL has secured new land access agreements at its West Julimar Bauxite Project, opening up extensive lateritic bauxite areas for exploration and potential resource growth beyond its current 104.8 million tonne inventory.

Blue Star Helium has achieved its first helium production at the Galactica Project, marking a key milestone as it optimizes plant operations and prepares for commercial ramp-up.

Critica Limited has launched a pivotal Scoping Study for its Jupiter Rare Earth Project in Western Australia, appointing Sedgman to define a capital-efficient development pathway. This marks a strategic shift from technical validation to structured economic assessment.

Cazaly Resources has met its initial $1 million farm-in milestone at the Goongarrie Gold Project, earning a 25% interest after identifying continuous gold mineralisation over a 1.3-kilometre strike. The company plans further drilling to expand its stake and explore high-grade targets.

Cygnus Metals has identified two promising gold prospects within its Chibougamau Project in Quebec, with plans for drilling to expand its resource base and resume work at Golden Eye.

29Metals Limited has announced a fully underwritten $150 million entitlement offer to bolster liquidity, address operational disruptions at Golden Grove, and accelerate development projects including the Gossan Valley and Capricorn Copper restart.

29Metals has announced a $150 million fully underwritten equity raising at a significant discount to support recovery from seismic disruptions at Xantho Extended and to advance key growth projects.

29Metals delivered a robust December quarter at its Golden Grove mine with strong copper and zinc production, while Capricorn Copper remains suspended pending critical regulatory approvals. The company is progressing key growth projects and board changes as it navigates liquidity and operational challenges.

ABx Group has extended its rare earth discovery in northern Tasmania with new scout drilling revealing high-grade mineralisation rich in critical heavy rare earths. Positioned near surface and aligned with Australia’s Critical Minerals Strategic Reserve, ABx’s findings could reshape supply chains for these vital elements.

29Metals reported a strong December quarter with increased copper and zinc production at Golden Grove, cost efficiencies, and steady progress on key projects, while Capricorn Copper remains suspended pending regulatory approvals.

South Harz Potash has identified a new copper-gold mineralised zone at its Glava Project in Sweden, highlighted by impressive assays including 9.88g/t gold and 2.88% copper, alongside significant rare earth element mineralisation. The findings validate historical data and set the stage for a maiden drill program planned for mid-2026.