Latest Drilling News

Adavale Resources is ramping up its drilling campaign at the London-Victoria Gold Mine, aiming to grow its existing 115,000oz gold resource with a second drill rig and expanded geophysical surveys.

Iceni Gold has upsized its recent placement to nearly $1.76 million, securing additional funds to advance drilling and exploration at its flagship 14 Mile Well Gold Project in Western Australia.

Patriot Resources has announced a maiden JORC inferred resource of 31.4 million ounces silver equivalent at its high-grade Tassa project in Peru, highlighting significant growth potential and undervaluation compared to peers.

Cavalier Resources has signed non-binding term sheets for a combined US$13 million gold prepayment and A$5 million gold loan to fund the Stage 1 development of its Crawford Gold Project, significantly improving project economics and financial flexibility amid softening gold prices.

Heavy Rare Earths Limited has confirmed the presence of valuable rare earth minerals Monazite and Xenotime at its Radium Hill Project, signalling new potential beyond historic uranium mining.

Middle Island Resources has launched a major 2026 exploration campaign at its Bobija Project in Serbia, initiating Phase 2 drilling and extensive soil sampling to expand on promising late 2025 results.

Australian Oil Company Limited is set to lift its first crude oil from the Emu Apple Oil Field in the Surat Basin on 31 March 2026, marking a key production milestone. Concurrently, the company has identified intriguing iodine anomalies in its exploration permit PL 30, hinting at potential new hydrocarbon targets.

Caprice Resources has reported significant new diamond drilling results at its Island Gold Project, extending high-grade gold mineralisation down plunge by 100 metres and confirming strong continuity along strike and depth at the Vadrians deposit.

Breakthrough Minerals has completed the acquisition of the North Queensland Copper-Gold Project, gaining a substantial resource base and strategic landholding in the Mt Isa region. The company is now poised to advance exploration with multiple high-priority targets.

Barton Gold Holdings has completed a significant drilling campaign at its Challenger Gold Project, setting the stage for a pivotal feasibility study and potential production restart by mid-2026.

BPM Minerals has commenced a significant 7,500m drilling program at its Beachcomber Prospect, targeting high-grade gold extensions, while preparing for a heritage survey at Bonnie & Clyde to enable maiden drilling later this year.

Norwest Minerals has announced a substantial 74% increase in its Bulgera Gold Project resource, now totaling 501,000 ounces, driven by deeper drilling and a strategic cut-off grade revision aligned with heap leach economics.