Latest Drilling News

Cyprium Metals has secured $80 million in funding and advanced key infrastructure works to restart copper production at its Nifty Copper Complex, targeting first cathode output by mid-2026.

Northern Minerals reports encouraging preliminary metallurgical results from blending the Dazzler deposit with Wolverine ore, potentially expanding feed supply and optimising the Browns Range Heavy Rare Earths Project.

Terra Critical Minerals has completed the acquisition of the True American Tungsten Project in Nevada, positioning itself to capitalise on soaring tungsten prices and supply constraints. The company plans extensive exploration in 2026 to validate and expand this historically high-grade asset.

Bass Oil reported steady December production with a notable gas sales agreement for the Vanessa field, signaling a strategic shift towards gas commercialization.

Dalaroo Metals’ maiden sampling at Blue Lagoon reveals a district-scale critical minerals system with high-grade zirconium, hafnium, and rare earth elements over a 2.7km strike. The results validate historical data and position the project as a strategic asset in Greenland’s emerging critical minerals landscape.

Tanami Gold NL has released final assay results from its 2025 drilling campaigns at the Jims Gold Mine and Defa Prospect, confirming extensive gold mineralisation and promising high-grade zones that could underpin future mining development.

Juno Minerals has reported significant gold assay results from rock chip channel sampling at its Mount Ida project, with values up to 6.60 g/t Au. These findings pave the way for a planned shallow drilling program to explore vein extensions.

Austral Resources Australia Ltd has agreed to acquire the Lady Loretta mine from Glencore for A$45.5 million, consolidating its copper assets near the Lady Annie Copper Mine and boosting its processing feedstock. This strategic move strengthens Austral’s balance sheet and advances its vision to become a mid-tier copper producer in Queensland.

Ausgold Limited has delivered an updated Definitive Feasibility Study for its Katanning Gold Project, revealing increased gold production and enhanced financial returns, supported by a $90 million capital raise to accelerate development.

Sunshine Metals has received a $634,302 first and final dividend from the liquidation of Pluton Resources, unlocking funds to progress exploration at its promising Sybil and Liontown gold projects.

Mount Hope Mining has completed Phase 1 drilling at its Mt Solitary Gold Project with promising high-grade gold results and has commenced Phase 2 drilling, backed by a $1.23 million capital raise to accelerate exploration along the 7.5km MS2 Gold Corridor.

Evolution Energy Minerals has resumed soil sampling at its Chikundo Copper Project in Tanzania, moving closer to a planned drilling campaign in 2026. The latest phase aims to refine drill targets and accelerate exploration progress.