Latest Drilling News

AuMEGA Metals has announced a C$5.35 million capital raising via a flow-through unit offer aimed at advancing its exploration projects in Newfoundland and Labrador. The offer includes shares and warrants, targeting Canadian charity investors with tax incentives.

PolarX Limited reports impressive high-grade gold assay results from its inaugural drilling at the Ridgeline prospect within Nevada’s Humboldt Range, revealing wide mineralised zones and plans for extensive follow-up drilling.

ADX Energy has released an updated assessment of its Welchau well in Austria, revealing a significant increase in prospective gas-condensate and light oil resources. The 2024 drilling results highlight promising reservoir conditions and pave the way for further appraisal.

Zeus Resources Limited has had its trading suspension lifted following an announcement on trenching activities at its Casablanca Antimony Project, signaling renewed market engagement.

Regener8 Resources has acquired 100% of the Srebrenica North Project, a polymetallic silver-lead-zinc asset in a historically rich European mining district, positioning itself amid active regional exploration and production hubs.

Investigator Silver Limited has raised A$55 million through an institutional placement to accelerate development of its Paris Silver Project, following a robust feasibility study confirming strong economics and rapid payback.

H3 Energy’s latest technical review reveals promising signs for commercial gas flow at the Warro Field, setting the stage for a targeted appraisal campaign.

Viking Mines reports a remarkable 16-fold increase in tungsten concentrate grade from initial gravity separation testwork at its Linka Project, setting the stage for a rapid, low-capital development pathway.

CGN Resources has revealed promising high-grade gold prospects at its newly acquired Leonora Project in Western Australia, situated near the prolific +8Moz Gwalia Gold Mine. Historical drilling highlights significant shallow mineralisation, with substantial unexplored potential at depth beneath transported cover.

Locksley Resources has reported strong surface assay results from its Desert Antimony Mine in California, confirming continuity of high-grade antimony mineralisation and supporting ongoing drilling efforts.

Breakthrough Minerals has announced a focused drilling campaign at its Barbara Copper-Gold Project in Queensland, aiming to expand its substantial copper-gold resource within the broader Queensland Copper-Gold Project portfolio.

St George Mining has announced a significant 75% increase in the Mineral Resource Estimate for its Araxá Rare Earths-Niobium Project in Brazil, reinforcing its Tier 1 status and underpinning future development plans.