Latest Drilling News

Askari Metals has successfully closed an oversubscribed rights issue raising approximately $1.6 million to accelerate exploration at its promising Nejo Gold and Copper Project in Ethiopia and the Uis Project in Namibia.

Estrella Resources reports strong progress at its Werumata Limestone Project with over 70% of drilling completed, alongside promising manganese intersections at Ira Manganese Prospect. Infrastructure and feasibility studies are underway, positioning the company as a first mover in Timor-Leste’s emerging mining sector.

Dreadnought Resources has reported significant thick, near-surface gold intercepts from recent drilling at Cullen’s Find within its Mangaroon Gold Project, marking the first drilling there since 1986 and hinting at bulk gold deposit potential.

Belararox Ltd announces the immediate resignation of founding Managing Director Arvind Misra, with Chairman Neil Warburton stepping in as interim leader during the search for a new executive director.

Yandal Resources has released first assay results from its maiden diamond drilling program at the Arrakis Prospect, confirming broader and continuous gold mineralisation over a strike length exceeding 2.2km. The findings support a robust geological model and set the stage for expanded exploration in 2026.

Somerset Minerals confirms robust high-grade copper mineralisation at its Jura North prospect within the Coppermine Project, Nunavut, with plans for an aggressive 2026 drilling campaign and regional exploration across its extensive landholding.

Pivotal Metals has identified a promising new copper-gold exploration target, Kelly Lake East, within its Belleterre project in Quebec, setting the stage for a major drilling campaign in early 2026.

DevEx Resources reports a major metallurgical breakthrough at its Kennedy Rare Earths Project in Queensland, achieving up to 68% recovery of critical magnet rare earth elements using a straightforward heap leach process with low acid consumption.

Prodigy Gold reports strong gold intercepts from its 2025 drilling at the Tregony Deposit, setting the stage for an updated resource estimate and potential expansion in 2026.

West Coast Silver’s latest drilling at Elizabeth Hill confirms additional near-surface silver mineralisation and suggests a larger, vertically continuous system extending below historical workings. Assay results are expected soon, underpinning the project’s significant exploration potential.

Basin Energy has agreed to sell its Marshall Uranium Project to Green Canada Corporation, securing cash, shares, and a significant equity stake while retaining strategic rights and exposure to Canadian uranium assets.

Aeris Resources reported solid FY25 results within guidance and secured $80 million in new equity to fund exploration and development projects, positioning itself for significant growth in FY26.