Latest Drilling News

DeSoto Resources has reported compelling high-grade gold intercepts in Guinea’s Siguiri Basin alongside a $14 million capital raise and a strategic joint venture to accelerate exploration.

Catalina Resources has reported significant gold and rare earth element mineralisation from its Laverton drilling campaigns and secured a 100% interest in the Beasley Creek Gold Project, positioning itself for growth in Western Australia’s mineral sector.

Osmond Resources has secured a major foothold in Spain’s critical minerals sector, completing an 80% acquisition and advancing drilling at its Orión project with promising early results. Assay data and further drilling are poised to shape the project's next phase.

Zenith Minerals has validated a large-scale gold system at its Red Mountain project and initiated its largest ever drilling campaign at Consolidated Dulcie, backed by a strong A$11.15 million capital raise.

Tanami Gold NL reports significant gold intercepts from ongoing drilling at the Jims Gold Mine, while Mount Gibson Iron moves to acquire Northern Star’s stake in the Central Tanami Project joint venture.

Southern Palladium has cleared major regulatory hurdles and confirmed robust economics for its Bengwenyama platinum group metals project, supported by a $20 million capital raise to fund next-stage development.

Reach Resources has made significant progress at its Murchison South Gold Project, confirming high gold recovery rates and preparing for an extensive drilling campaign to upgrade resource confidence.

Cazaly Resources reports strong gold assay results at its Goongarrie Gold Project, confirming mineralisation over a 700m strike and prompting an expanded aircore drilling program. The company maintains a solid cash position of $2.4 million as it advances multiple exploration fronts.

Western Mines Group has successfully extended a high-grade nickel sulphide zone at its Mulga Tank project in Western Australia through diamond drilling, confirming a robust mineral system with promising parallels to the Perseverance deposit.

Felix Gold has revealed two new massive surface stibnite discoveries at its Treasure Creek project in Alaska, significantly expanding the known high-grade antimony mineralisation. These findings, alongside robust drilling results, reinforce the project's potential to address critical US supply shortages amid global market disruptions.

Magnetite Mines has made significant strides in developing its Razorback Iron Ore Project, securing $3.86 million in new funding and uncovering promising rare earth mineralisation at Ironback Hill. The company continues to navigate strategic partnerships and regulatory approvals to advance its long-life magnetite project.

Horseshoe Metals reports encouraging RC drilling results at its Horseshoe Lights Copper-Gold Project, confirming wide zones of near-surface oxide copper mineralisation at Motters. The company is advancing towards Direct Shipping Ore operations and progressing offtake negotiations.