Latest Drilling News

Beacon Minerals reports multiple high-grade gold intersections from extensive drilling at the Iguana Deposit, reinforcing its resource potential. However, the company lowers its March quarter production guidance due to operational challenges.

Arika Resources has reported strong initial 2026 drilling results at its Pennyweight Point prospect within the Yundamindra Gold Project, confirming thick, high-grade gold mineralisation and expanding near-surface oxide zones.

Magnetite Mines Limited has revealed promising high-grade copper and silver mineralisation from a re-assay of historic drill core at its Mutooroo Ridge Project in South Australia, highlighting new exploration potential.

Unico Silver Limited has announced a substantial 143% increase in the Mineral Resource Estimate for its Joaquin Project in Argentina, now totalling 167 million ounces silver equivalent. This growth underpins the company’s upcoming Pre-Feasibility Study and strengthens its position in the global silver market.

European Resources Limited (ASX: ERE) has announced a $4.26 million renounceable entitlement offer to accelerate exploration and metallurgical work at its Korsnäs rare earth elements project in Finland. The offer is partially underwritten and includes attaching options, providing shareholders with a strategic opportunity amid significant recent resource growth.

Koonenberry Gold’s latest drilling at the Sunnyside Prospect reveals shallow, high-grade gold mineralisation and extends the known mineralised zones, reinforcing the project’s district-scale potential.

Solstice Minerals’ Phase 1 drilling at the Nanadie Copper-Gold Project in WA’s Goldfields reveals significant mineralisation beyond existing resource boundaries, setting the stage for a major resource expansion.

True North Copper has revealed promising new copper-gold targets at its Wynberg Project in Queensland, building on an existing 56,100-ounce gold resource. The company plans targeted drilling and geophysical surveys to explore extensions and regional prospects.

Dart Mining NL has agreed to sell its Buckland Gold Project to Daybreak Minerals for $300,000 cash, while retaining rights to provide drilling services on the tenements.

New Age Exploration’s latest drilling at the Wagyu Gold Project in Pilbara confirms a significant intrusion-related gold system with high-grade intercepts, expanding the mineralised footprint near Northern Star’s Hemi deposit.

Litchfield Minerals appoints seasoned geologist Matt McGloin to strengthen its Northern Territory exploration efforts while progressing drilling at Oonagalabi amid operational delays caused by heavy rains.

Lode Resources has reported outstanding high-grade silver and antimony mineralisation at its newly acquired Silver Hills Project in Tasmania, signalling a promising expansion of its critical minerals portfolio.