Latest Drilling News

Tasman Resources has clarified the reasons behind its recent share price jump, pointing to a significant new investor, upcoming drilling programs, and a rising stake in Eden Innovations. The company reassures the market it remains fully compliant with ASX disclosure rules.

3D Energi has confirmed a new gas discovery at the Charlemont-1 well in Victoria’s Otway Basin, reinforcing the prospectivity of the Charlemont Trend and the potential for increased domestic gas supply.

Atomic Eagle Limited has completed a 69-hole drilling program at its Chisebuka target in Zambia, revealing extensive shallow uranium mineralisation and setting the stage for a major resource upgrade across the Muntanga Project.

Ballymore Resources has reported its richest drill intersection yet at the Torpy’s prospect near Chillagoe, Queensland, revealing exceptionally high-grade silver, lead, zinc, and indium mineralisation. This breakthrough highlights the growing potential of the Torpy’s area and sets the stage for further exploration in 2026.

Norfolk Metals has completed Phase #1 of its maiden drilling campaign at the Carmen Copper Project in Chile, confirming significant higher-grade copper sulphide mineralisation open at depth. The company also secured firm commitments for a $2.1 million placement to fund ongoing exploration.

Polymetals Resources has resumed operations at its Endeavor Mine following a tragic incident, completing first concentrate shipments and securing $34.4 million in new capital to support exploration and ramp-up.

Stavely Minerals has initiated an updated 2026 Scoping Study for its copper-gold project in Western Victoria, driven by significantly higher metal prices and improved economic prospects since 2022.

Stellar Resources has reported significant progress in its December quarter, advancing the Heemskirk Tin Project through robust drilling results and metallurgical studies, supported by a $9.5 million capital raise.

Terra Metals has confirmed a new platinum group metal-copper-nickel sulfide discovery at the SW5 target within its Dante Project, revealing a significant expansion of mineralisation beyond existing resources. This second discovery complements the earlier SW6 find and underscores the potential scale of the magmatic sulfide system in Western Australia.

Pioneer Minerals has raised A$1 million through a share placement to accelerate exploration of its US critical minerals projects, focusing on tungsten, gold, and uranium assets.

Great Dirt Resources has confirmed high-grade manganese mineralisation in NSW and identified 24 new exploration targets through advanced R&D techniques, supported by a $315k tax rebate and a strong cash position.

Southern Cross Gold Consolidated Ltd throws its weight behind Australia’s new A$1.2 billion Critical Minerals Strategic Reserve, spotlighting its Sunday Creek gold-antimony project as a key player in securing domestic supply and reducing reliance on China.