Latest Drilling News

Magnum Mining has completed nearly 7,000m of drilling at its Piracanjuba North rare earth project, expanding its footprint ahead of a planned November resource estimate, while assay results from Palmares await interpretation amid a strategic portfolio review.

ACDC Metals is set to launch its maiden drilling campaign at the Mount Jackson Project in Nevada, targeting key gold-silver zones with a 2,500-metre reverse circulation program starting in Q4 2026. A geophysical survey will precede drilling to sharpen targets and reduce costs.

Freehill Mining has appointed seasoned engineer Marco Meneses to spearhead development at its Blanco y Negro copper-gold project, coinciding with Chile's planned legislative change to double processing thresholds for small miners, enhancing project viability.

KGL Resources has completed a A$300 million equity raise, fully funding the Jervois Copper Project through construction and into production, with key contracts signed and development activities underway.

ADX Energy has lodged applications for two offshore gas exploration permits adjacent to its existing Sicily Channel licence, aiming to extend its footprint in a geologically promising biogenic gas play.

PhosCo Ltd’s maiden drilling at the KH prospect within its Gasaat Phosphate Project in Tunisia has delivered wide, high-grade phosphate intersections close to the proposed plant, promising to enhance early project economics.

Patriot Resources has locked in a $3 million placement to fund exploration at its flagship Tassa silver-gold project in Peru and a new copper discovery in Zambia, underpinning its strategy to grow high-grade mineral resources.

Horizon Oil’s Sinphuhorm Pad D facility in Thailand has achieved first gas well ahead of schedule, with strong initial production rates validating the project's potential to unlock underutilised reserves.

Heavy Rare Earths Limited (ASX:HRE) is raising approximately $728,000 through a non-renounceable entitlement offer priced at 2.8 cents per share, accompanied by free-attaching options exercisable at 6 cents. The capital raise aims to fund maiden drilling programs and a strategic review across its key projects.

Horseshoe Metals has started Direct Shipping Ore operations at its Horseshoe Lights Copper-Gold Project, aiming for initial sales in October and December 2026 to fund further development.

Marquee Resources has launched an eight-hole reverse circulation drilling program at its Yindi Gold Project, focusing on a statistically refined central corridor to test for primary gold mineralisation beneath transported cover.

Viking Mines’ maiden drilling at Nevada’s Linka Project reveals multiple broad intervals of visually confirmed scheelite mineralisation, setting the stage for assay results that could validate a near-term tungsten supply boost.