Latest Drilling News

Kaiser Reef Limited reported a robust December quarter with nearly 7,000 ounces of gold produced at Henty, a 29% increase in gold reserves, and a strengthened cash position of A$43.1 million.

PTR Minerals has reported significant expansion of its Rosewood Titanium Project, confirming extensive high-grade mineralisation and securing $12 million to accelerate development.

Central Petroleum has secured a letter of intent for a long-term gas supply contract through 2034 and expanded its exploration portfolio into the Otway and Cooper Basins, setting the stage for multiple new wells and production growth.

Mamba Exploration has sharpened its focus on gold exploration at the Ashburton Project, spotlighting the Bettina Prospect after historic high-grade results and a large gold anomaly signal promising near-term discovery potential.

Tolu Minerals Limited reports steady progress at its Tolukuma Gold Mine, advancing a major mine expansion project targeting 500 tonnes per day production by the first quarter of 2027. Key infrastructure developments, drilling expansion, and processing plant refurbishments underpin the company’s growth strategy.

White Energy Company Limited has bolstered its balance sheet with a $3.2 million entitlement offer while progressing multiple Australian mineral exploration projects and expanding commercial trials of its Binderless Coal Briquetting technology in South Africa.

Infinity Metals has completed drilling at its Cobungra Gold-Copper-Silver Project in Victoria, confirming mineralisation over a 2km strike, while awaiting regulatory feedback on its San Jose Lithium Mining Licence Application in Spain.

Kairos Minerals wraps up its largest drilling campaign at Mt York, revealing promising gold zones and signing a key mining agreement with the Nyamal people, while gearing up for a resource update and further exploration.

Superior Resources has refreshed its Steam Engine Gold Project resource estimates and secured $2 million in funding to advance drilling and feasibility studies, while also progressing high-grade copper exploration at Greenvale.

Medallion Metals has completed a pivotal feasibility study for its Ravensthorpe Gold Project and raised $60 million to accelerate development, while progressing a key acquisition of Forrestania assets.

Peninsula Energy reports strong progress at its Lance Uranium Project in Wyoming, with key production milestones reached and the company on track to meet 2026 uranium output targets amid a buoyant market.

Impact Minerals reports significant advancements in its High Purity Alumina projects, a strategic collaboration with US battery innovator C4V, and renewed exploration activities in NSW’s Broken Hill region.