Latest Drilling News

Black Horse Mining Limited completed an $8 million IPO and acquired an 80% stake in the Mt Egerton Gold Project holder. The company reported a $5.87 million loss for FY26, driven by exploration costs and significant share-based payments.

Arrow Minerals has uncovered seven decades-old drill cores at the GSWA library, validating historical mineralisation at its Yarraloola Copper Project in WA's Pilbara and setting the stage for a targeted 2026 drilling campaign.

Beacon Minerals has delivered robust diamond drilling results at its Iguana deposit, confirming significant high-grade gold mineralisation and enhancing the geological model ahead of a resource update planned for Q1 FY26/27.

Hawk Resources has intersected strong near surface copper mineralisation with spot pXRF assays reaching 66.6% copper in the Comet zone of the Cactus Corridor, Utah. The drilling also reveals promising gold indicators through associated silver, arsenic and antimony anomalies.

Kuniko Limited has fast-tracked its earn-in to a 51% interest in Impact Minerals’ Commonwealth-Silica Hill project, hitting the milestone a full year ahead of schedule after $1.5 million in exploration spend.

Horseshoe Metals has outlined a substantial copper Exploration Target of 20–30 million tonnes at its Horseshoe Lights Project, complementing an existing 12.85Mt resource, while gearing up for near-term Direct Shipping Ore operations.

GoldArc Resources has delivered its strongest gold intercept at Mt Stirling Well, reinforcing high-grade continuity and advancing mine planning under a fully funded drilling program.

Burley Minerals has kicked off its maiden reverse circulation drilling at the Cane Bore Iron Ore Project following heritage survey clearance, targeting a substantial Channel Iron Deposit over 290 hectares. Assay results are anticipated by late September, marking a key step in advancing the Pilbara project.

Accelerate Resources' gravity survey reveals structural controls aligning with high-grade manganese outcrops at Woodie Woodie North, enhancing targeting for a maiden drill campaign.

Australian Oil Co has lifted production at its Emu Apple-1 well to 15–20 barrels of dry oil per day post-acid wash, while advancing infrastructure upgrades at Riverslea and preparing Major Gas Field for near-term output.

TMK Energy has increased its average daily gas production by 5% in July 2026, with August figures already surpassing 800m3/day. The company is advancing its 2026 Work Program and finalising design for a Gas to Power Project, targeting first power generation by year-end.

Pioneer Minerals has identified a high-priority bedrock electromagnetic conductor adjacent to the historic Springfield Tungsten Mine in Idaho, refining drill targets ahead of its maiden drilling campaign.