Latest Drilling News

Sun Silver Limited has reported a substantial 59 million ounce silver equivalent increase in its Maverick Springs mineral resource, now totalling 539Moz AgEq, alongside commencing U.S. OTCQX trading and appointing a strategic advisor to boost U.S. government engagement.

Middle Island Resources has completed a strategic acquisition in Serbia, backed by a $3.4 million capital raise, and reported promising high-grade drilling results at its Bobija Project, signalling a significant step forward in its exploration ambitions.

Noble Helium has successfully renegotiated key debt facilities and raised over $3.8 million in new funding, setting the stage for a pivotal drilling campaign in Tanzania’s North Rukwa helium project in 2026.

Thor Energy wraps up 2025 with strategic shifts towards natural hydrogen and helium exploration, divesting non-core assets while strengthening its copper-gold exposure in South Australia.

Brookside Energy delivered steady production and strong cash flow from its Anadarko Basin assets in the December 2025 quarter, while advancing its Riverbend project and continuing an active share buy-back program.

Lunnon Metals has secured unconditional status for its Ore Purchase Agreement with Gold Fields and approved mining at Lady Herial, backed by a robust feasibility study projecting strong cash flows. Exploration continues aggressively across its gold and nickel projects in Western Australia.

Metals Australia Limited has reported a significant expansion of its Lac Carheil graphite resource and advanced engineering designs for both upstream and downstream battery material projects in Quebec, alongside promising drilling results in Australia.

Xpedra Resources has completed the acquisition of the Springfield Gold Deposit in NSW, a project with significant historical high-grade gold mineralisation, and is poised to begin its maiden drilling program in February 2026. The company also advanced exploration at its Rockvale Gold-Antimony Project and strengthened its board and balance sheet.

Coda Minerals secured $12.33 million in capital to advance a major drilling campaign and pre-feasibility study at its Elizabeth Creek copper-silver project, maintaining a strong cash position as commodity prices surge.

CGN Resources has expanded its foothold in Western Australia's Leonora gold district with new tenement grants and land access agreements, setting the stage for a robust 2026 exploration campaign.

Geopacific Resources advances its Woodlark Gold Project with strong drilling results and steady progress on its Definitive Feasibility Study, positioning the project for development readiness.

Yari Minerals reported a $1.2 million cash outflow this quarter driven by exploration at Rolleston South, leaving just over one quarter of funding available. The company remains confident in securing further capital despite no immediate plans to raise funds.