Latest Drilling News

Golden State Mining Limited has appointed a new board and managing director, completed a $1.5 million capital raising, and is advancing exploration with a disciplined approach focused on its Western Australian gold projects.

Legend Mining has significantly expanded its Pinnacle Well Project, acquiring new tenements and identifying two high-priority gold anomalies, while winding back its Rockford joint venture holdings.

Pioneer Minerals has validated primary tungsten mineralisation at its Springfield Prospect in Idaho, revealing high-grade scheelite and gold assays that underpin a promising multi-phase mineral system. The project’s proximity to established processing infrastructure offers strategic advantages for future development.

Olympio Metals has reported a highly successful maiden drilling campaign at its Bousquet Gold Project in Quebec, revealing over 100 significant gold intercepts and confirming the presence of multiple gold deposits along a large east-west trending system.

Auking Mining Limited reported a cash burn in its latest quarterly report but is moving ahead with a $1.5 million capital raising to fund key exploration projects.

Oakajee Corporation’s recent aircore drilling at Paynes Find has revealed a new gold mineralised shear zone with assays up to 925ppb Au, extending the project’s exploration potential beneath lake cover.

Unico Silver’s December quarter saw exceptional drill results at its Joaquin project and a $50 million capital raise, propelling the company into pre-feasibility studies and strengthening its development outlook.

Strategic Energy Resources has secured a major joint venture with Sumitomo Metal Mining Oceania to advance the Bulimba Gold Project in northeast Queensland, unlocking up to 90% ownership through staged exploration and feasibility milestones.

Koonenberry Gold Limited has accelerated its drilling activities at the Enmore Gold Project, reporting multiple visible gold zones and promising assay results that extend mineralisation. Concurrently, the company advances exploration across its Lachlan copper-gold portfolio, backed by a solid cash position.

Charger Metals NL is set to commence a significant 3,000-metre drilling program at its Lake Johnston Project, targeting high-grade gold and lithium mineralisation following recent promising results. The program aims to expand on the Xmas Gold Discovery and advance the Medcalf Spodumene Deposit.

Caprice Resources reports strong high-grade gold assay results from its Island Gold Project, confirming mineralisation continuity and new reef discoveries. Drilling has restarted to complete the Phase 4 programme, while exploration begins at the newly acquired Comet Project.

Riversgold Limited reports encouraging shallow gold intersections at its Northern Zone Gold Project near Kalgoorlie, supported by a $2.15 million capital raise with MEGA Resources as a key investor. The drilling results and strategic partnership set the stage for advancing mining plans in 2026.