Latest Drilling News

TechGen Metals has identified a compelling Induced Polarisation (IP) chargeability target named 'Red Devil' at its Blue Devil Project in Western Australia, supported by high-grade copper and gold rock chip samples. This discovery adds a significant new dimension to the company's exploration efforts in the region.

Terra Metals has released its first Mineral Resource Estimate for the Dante Project, revealing substantial polymetallic deposits and a new thick reef discovery, backed by a $15 million capital raise to accelerate exploration.

TMK Energy has successfully drilled and commissioned its LF-07 pilot well, boosting gas production at its Gurvantes XXXV Coal Seam Gas project in Mongolia. The company also secured $3.5 million in oversubscribed funding and formed a strategic alliance to advance development plans.

Mt Malcolm Mines NL has announced a pro-rata renounceable entitlement issue to raise up to $2.33 million, partially underwritten by Mahe Capital Pty Ltd. The capital raise aims to fund exploration drilling, repay director loans, and support working capital.

Manhattan Corporation reveals exceptional surface assay results from its Hook Lake Project in Nunavut, highlighting untapped high-grade gold and silver mineralisation at the Quantum and Lotus prospects. The company plans maiden drilling in 2026 to further explore these promising targets beyond the known Jaws deposit.

Kaili Resources has responded to ASX inquiries regarding delays in confirming rare earth element assay results from recent drilling, reaffirming compliance with disclosure rules and explaining procedural factors behind the timing.

Challenger Gold has raised A$30 million through an institutional placement to fund the ramp-up of its Hualilan gold project and support an extensive drilling campaign ahead of first production in early 2026.

Mt Malcolm Mines NL has announced a $2.3 million renounceable rights issue priced at 1.5 cents per share, aiming to fund exploration and development at its Malcolm Gold Project while strengthening its financial position.

FireFly Metals has reported a major breakthrough at its Green Bay Copper-Gold Project in Canada, revealing an extensive 800-metre-long core of exceptionally high-grade mineralisation. This discovery is set to significantly influence the upcoming Mineral Resource Estimate and economic assessments.

Redcastle Resources is set to restart exploration drilling with a focused 2,700-metre Reverse Circulation program targeting key gold prospects in Western Australia’s Redcastle Project Area. The campaign aims to deepen geological understanding and leverage joint venture synergies to advance resource potential.

EV Resources has made significant strides in its antimony projects across Mexico and the US, securing a processing plant and planning a maiden drill program at Los Lirios, positioning itself for near-term production.

First Au Limited has struck a deal granting AustChina Holdings an exclusive 19-month option to acquire its Eastern Victorian Goldfield Project, unlocking value from a non-core asset while sharpening focus on its African and Western Australian ventures.