Latest Drilling News

Rand Mining reported steady gold production and promising exploration results in the September 2025 quarter, alongside an improved cash position despite rising operating costs.

Iltani Resources has reported a maiden Mineral Resource Estimate for its Orient West Silver-Indium Project alongside record high-grade drill results at Orient East, supported by $8 million in new funding from Queensland Investment Corporation.

Corazon Mining has made a decisive pivot to high-grade gold exploration in Western Australia, acquiring the Two Pools Gold Project and securing an option on Feather Cap, backed by a A$2 million capital raise.

Carnavale Resources has significantly upgraded its Kookynie Gold Project with a new resource estimate and scoping study, underpinning strong economics and a clear path to production. A $3 million placement and a $4.09 million entitlement offer support advancing to a Bankable Feasibility Study in 2026.

Rapid Critical Metals has advanced its strategic silver portfolio in New South Wales through a $14 million capital raise, key acquisitions, and the start of drilling at its flagship projects, positioning itself for significant growth.

Tribune Resources reported steady gold output from its East Kundana Joint Venture and promising exploration results in Ghana, alongside a stronger cash position for the September quarter.

Mindax Limited has taken a decisive step toward full ownership of the Mt Forrest iron ore project, executing an option to acquire Norton Gold Fields' stake and raising $1.6 million to accelerate development. The company is also advancing infrastructure plans and gold exploration in Western Australia’s Mid-West region.

Gold Mountain Limited reported significant exploration progress across its Brazilian projects in Q1 FY2026, highlighting high-grade rare earth element and lithium discoveries alongside promising copper and gold anomalies.

Ark Mines secured a $4.5 million strategic investment from QIC to fast-track its Sandy Mitchell Rare Earth Project, achieving key drilling and environmental milestones that pave the way for production by late 2027.

Triangle Energy has initiated legal proceedings against Strike Energy's subsidiary over a $3.84 million dispute tied to the L7 permit in the Perth Basin, escalating tensions in a key oil and gas project.

Harvest Technology Group reported improved EBITDA and secured new customers across mining, defence, and border control sectors in Q1 FY2026, supported by $2.13 million raised through convertible notes and loans.

Stavely Minerals has reported robust Phase 1 and 2 drilling results at its Fairview North and South gold prospects, revealing extensive shallow gold mineralisation with impressive high-grade intervals. A recent $1.9 million placement will fund further exploration including a Phase 3 drilling campaign and new target testing.