Latest Drilling News

Horseshoe Metals has reported strong drilling results at its Horseshoe Lights project, confirming extensive copper oxide mineralisation and advancing funding talks. The company is gearing up for a Direct Shipping Ore operation to generate early revenue.

South Harz Potash Limited has made significant strides in its critical minerals strategy, securing new exploration licences in Sweden and uncovering promising copper, gold, and rare earth element mineralisation. The company also bolsters its leadership with a key board appointment as it prepares for a transformative 2026.

Conico Ltd has finalised a major recapitalisation and corporate restructure, positioning itself for renewed exploration with a focus on scandium amid strong market demand. The company plans an extensive drilling program at its Mt Thirsty project to expand its scandium resource.

Arcadia Minerals has entered a pivotal phase with a pending earn-in agreement on its Swanson Tantalum Project and a binding farm-in deal for its Karibib Copper-Gold Project, alongside strategic leadership changes and a planned capital raising.

Krakatoa Resources has reported significant high-grade gold and antimony assay results from its Phase 1 drilling at the Zopkhito Project in Georgia, alongside a 12-month extension to its option period. The company plans an expanded exploration program in 2026 aimed at delivering a JORC-compliant resource.

Pursuit Minerals has made significant strides in its Argentine lithium and gold ventures, progressing its Rio Grande Sur feasibility study and completing the Sascha Marcelina gold project acquisition. The company is poised to begin drilling and further technical work in early 2026.

Variscan Mines has achieved a pivotal permitting milestone for its San Jose Mine and reported its highest-grade zinc intercepts to date at the Udías Mine, advancing its Novales-Udías Zinc Project towards production.

Matsa Resources reported solid progress at its Lake Carey Gold Project, delivering $11.73 million in gold sales and initiating new exploration drilling to boost its resource base.

Cavalier Resources has taken a significant step forward at its Crawford Gold Project by signing a Native Title Agreement and delivering promising drilling results that support resource expansion. The company is advancing towards production while exploring funding options.

Resources & Energy Group Limited (REZ) has kicked off a new drilling campaign at its East Menzies Gold Project, backed by a $2 million capital raise, aiming to expand its mineral resources and advance towards production.

African Gold Limited has agreed to a transformative Scheme of Arrangement with Montage Gold Corp, offering shareholders exposure to a larger gold development platform, while drilling results at Didievi reinforce the project’s growth potential.

Nagambie Resources has entered a binding joint venture with Alkane Resources to develop its significant antimony-gold discovery, backed by a $4 million capital injection and a clear path to production.