Latest Drilling News

Winchester Energy has successfully completed drilling the JVU-5 well at its Varn waterflood project in Texas, confirming promising oil and gas shows and setting the stage for production ramp-up.

Aeris Resources reported solid Q1 FY26 results with steady copper and gold production, disciplined cost management, and advancing divestment plans for non-core assets.

Aeris Resources reported steady Q1 FY26 production with 10.3kt copper equivalent at AISC of A$4.64/lb, alongside significant growth capital investment and promising exploration results.

Dateline Resources’ Managing Director Stephen Baghdadi has increased his personal investment by exercising 13.86 million options, reinforcing confidence in the Colosseum Gold and Rare Earth Elements Project as feasibility studies progress.

Greatland Resources has kicked off FY26 with a drilling program at Telfer that has already surpassed targets, revealing a promising new high-grade zone underground and advancing multiple resource extensions.

Arrow Minerals Limited has suspended all field activities in Guinea due to unresolved questions over exploration permit renewals, maintaining a cautious financial stance while awaiting government clarity.

Diablo Resources is broadening its North American footprint by preparing for a secondary listing on the U.S. OTCQB market, complementing its recent acquisition of a high-grade silver-antimony project in Utah.

Gorilla Gold Mines Ltd has raised A$31.7 million through a placement to accelerate exploration and resource growth at its key Western Australian gold projects. The capital injection strengthens the company’s cash position to about A$42 million, supporting ongoing and planned drilling campaigns.

Zuleika Gold has locked in $5 million in funding to boost exploration efforts and strengthen its financial footing in Western Australia's prolific gold belt.

Accelerate Resources has reported impressive high-grade gold assay results from its newly acquired Balagundi Gold Project near Kalgoorlie, with grades reaching up to 32.9 g/t Au. The company is gearing up for maiden drilling in November 2025 to further explore these promising targets.

Bryah Resources has successfully raised nearly $2 million through an oversubscribed placement to fund exploration at its Golden Pike Project in Canada, signaling strong investor confidence in its growth plans.

Beetaloo Energy Australia Limited reported a robust cash position and secured new financing facilities to support ongoing development at its Carpentaria project. Despite significant exploration outflows, the company maintains sufficient liquidity to advance operations.