Latest Drilling News

Falcon Metals has successfully extended the high-grade Lotus Zone at its Blue Moon Gold Project by 80 metres, intersecting visible gold in all three drilled sections over a 280-metre strike length. Ongoing drilling continues to reveal multiple stacked Bendigo-style gold zones, underscoring significant exploration potential.

Askari Metals reports strong Phase 1 trenching results at its 100%-owned Uis Project in Namibia, confirming significant polymetallic mineralisation including tin, lithium oxide, tantalum, rubidium, and caesium. The company plans reverse circulation drilling in Q2 2026 to further define the resource.

High-Tech Metals Ltd has reported exceptional high-grade gold assay results from its Wagtail Gold Deposit, reinforcing the deposit's strong continuity and near-term development potential within its Mt Fisher-Mt Eureka Project in Western Australia.

TMK Energy’s latest pressure tests at its Mongolian coal seam gas project confirm reservoir conditions are aligning with models, moving the company closer to commercial gas production.

Godolphin Resources has released a Scoping Study for its Lewis Ponds project in NSW, revealing strong economics with a 12-year mine life and a pre-tax NPV of AUD$481 million under conservative metal prices.

TG Metals Limited has reported significant new drilling results from its Van Uden Gold Project, revealing thick, high-grade gold intercepts that extend mineralisation beyond current resource boundaries. These findings underpin an upcoming resource update and signal promising development prospects.

Prospect Resources has raised A$45 million through a strategic equity placement to accelerate drilling and studies at its Mumbezhi Copper Project in Zambia, aiming to expand its mineral resources and advance project development.

Kuniko Limited has identified multiple walk-up drill targets at its Gladstone West prospect in NSW, supported by strong gold-silver soil geochemistry and high-grade rock-chip results. Concurrently, Phase 1 drilling is underway at the Commonwealth Project, aiming to extend known mineralisation within a district-scale system.

Power Minerals has reported strong final results from shallow auger drilling at its Santa Anna Project in Brazil, confirming high-grade niobium and rare earth mineralisation from surface to end of hole. The company has now commenced a 10,000-metre deep drilling campaign to explore and extend this promising mineral footprint.

Kaiser Reef Limited has raised its production target at the Henty Gold Mine to 35,000 ounces per annum by late FY2027 while accelerating exploration and development activities at its Maldon Gold Project, all funded through operational cash flow.

Caprice Resources has launched a significant 5,000-metre reverse circulation drilling program at its Vadrians gold deposit, aiming to extend known high-grade zones and prepare for deeper drilling campaigns.

Red Mountain Mining has initiated metallurgical test work on high-grade samples from its Oaky Creek Antimony Prospect, advancing the Armidale Antimony-Gold Project towards commercial validation. This move aims to de-risk the asset ahead of drilling and capitalise on strong early exploration results.