Latest Drilling News

QMines Limited has made significant strides in its Queensland projects with high-grade drilling results at Mount Mackenzie and Develin Creek, backed by a $9 million capital raise to support exploration and development.

CuFe Ltd has raised $5.4 million through a strategic placement and upgraded its Tennant Creek resource to include valuable critical minerals, setting the stage for a major drilling campaign.

Saturn Metals has delivered a strong Pre-Feasibility Study for its Apollo Hill Gold Project, outlining a 1.77 million ounce production target and maiden Ore Reserve of 1.58 million ounces. The company also completed a well-supported A$45 million share placement, positioning it well for the next development phase.

Red Mountain Mining has made significant strides in its critical minerals and gold projects across the US and Australia, highlighted by new claim acquisitions and promising exploration results at key antimony prospects.

OzAurum Resources has raised $4.1 million through a strategic placement to Forrestania Resources, which will become a significant shareholder and support development at the James Stage 1 Open Pit in Western Australia.

OzAurum Resources has raised $4.1 million through a strategic placement to Forrestania Resources, which now holds a near-20% stake. The funds will accelerate heap leach development at the James Stage 1 Open Pit in Western Australia.

Culpeo Minerals reports promising high-grade copper intersections at its La Florida Prospect and secures A$3 million to fund upcoming drilling at Vista Montana, advancing its Chilean copper exploration ambitions.

Rokeby Resources has identified multiple new high-grade gold and antimony prospects at its Hurricane Project in Queensland, while advancing exploration at Macauley Creek with plans for early 2026 drilling.

Kingsland Minerals has completed a pivotal scoping study for its Leliyn Graphite Project, confirming high-grade purified spherical graphite production potential. The company also secured $2.16 million through a placement and share purchase plan and has commenced a pre-feasibility study.

Solara Minerals has completed the first stage of drilling at its promising Degrussa West gold-copper project, with assay results expected soon. The company also secured a $180,000 government grant to support further exploration across its Bryah Basin portfolio.

West Cobar Metals has kicked off metallurgical testing at its Salazar project targeting rare earth carbonate production and announced a new gallium resource, while gold exploration at Mystique confirms widespread mineralisation.

BOA Resources has secured a significant foothold in Western Australia’s Murchison Copper Belt with a 49% stake in the Neds Creek copper project, setting the stage for targeted drilling and exploration backed by a $3.75 million capital raise.