Latest Drilling News

Somerset Minerals (ASX:SMM) is ramping up exploration at its Coppermine copper project in Nunavut, Canada, with thick, high-grade copper intercepts at Jura and a major 17 km Talisker anomaly set for maiden drilling from July 2026.

Eminence Minerals has kicked off a comprehensive drilling campaign at its Campo Grande Rare Earth Project in Brazil, targeting high-priority corridors adjacent to a major peer's high-grade rare earth discovery.

Legend Mining has pinpointed anomalous gold mineralisation aligned with a major induced polarisation anomaly at Pyrophyllite Hill within its Pinnacle Well Project, advancing plans for drill testing pending heritage approvals.

Bounty Oil & Gas has finalised the first tranche of a $4 million share placement and converted $200,000 of debt into shares, bolstering its capital for drilling and development across Australian oil and gas projects.

Kingston Resources is embarking on a 25,000m drilling campaign at its Mineral Hill polymetallic mine, aiming to extend mine life and boost production with a plant expansion from 350ktpa to 700ktpa.

Amara Minerals has raised $2.2 million through a placement priced 25% above its last trade, with cornerstone investor Nova Minerals increasing its holding by $500,000. The funds will accelerate drilling at Victorian gold-antimony projects following promising assay results.

Atomic Eagle's drilling at the Muntanga Uranium Project in Zambia has expanded key uranium mineralisation zones at Chisebuka, confirming continuity between deposits and setting the stage for upcoming drilling programs.

Amara Minerals secured a $2.2 million placement at a 25% premium, with Nova Minerals increasing its strategic investment by $500,000. Meanwhile, Nova Minerals completed its redomiciliation to the US, listing on NYSE American and delisting from ASX.

European Resources has significantly expanded the exploration potential at its Korsnäs rare earth project in Finland, increasing the Exploration Target by up to 190% to between 18 and 32 million tonnes at 0.8% to 1.0% TREO. This growth follows new passive seismic survey results and geological modelling extending mineralisation down to -400 m RL.

Stelar Metals has identified widespread tungsten mineralisation at its Hill of Leaders Project in the Northern Territory, dispatching samples for assay and preparing for a July drilling campaign.

Caprice Resources reports metallurgical testwork on its Vadrians deposit achieving up to 94% gold recovery via conventional gravity and CIL processing, supporting a low-cost extraction pathway at its Island Gold Project.

Legacy Minerals has confirmed a new gold-silver epithermal mineralised system at its Mascotte Prospect, with assays showing gold grades up to 9.7g/t Au and significant base metals. The discovery lies entirely outside the current 1.2Moz AuEq Mt Carrington resource, opening the door for resource expansion.