Latest Drilling News

Alma Metals is advancing its Briggs Copper Project with a deep diamond drill hole underway and the scoping study nearing completion, supported by a Queensland Government grant and solid financial footing.

American West Metals has raised A$7 million at a premium to advance its West Desert Project, home to the largest and highest-grade indium resource in the US. The funding includes a strategic $2 million investment from Tribeca Investment Partners and aims to accelerate critical metals development amid supportive US policies.

Mandrake Resources reports significant progress at its Utah Lithium Project, confirming a 3.3Mt lithium carbonate equivalent inferred resource and advancing brine flow modelling to pinpoint high-grade lithium zones.

Felix Gold Limited confirms strong continuity and high-grade antimony mineralisation at its NW Array project in Alaska, positioning for near-term production to address critical US supply shortages amid China's export ban.

Mithril Silver and Gold Limited reports a significant 10.9 g/t gold equivalent intercept over 8 meters, extending the Target 1 strike at its Copalquin project in Mexico by 300 meters. The company advances multiple drill targets supported by ongoing geological studies and a district-wide aerial magnetic survey.

Renegade Exploration Limited has secured an option over the Fireball Ridge Gold-Silver Project in Nevada, marking its fifth project in the prolific Walker Lane Trend and setting the stage for renewed exploration activity.

Javelin Minerals has locked in a $25 million mining and funding agreement with MEGA Resources, boosting its Eureka Gold Project resources and setting sights on production by mid-2026. The company also raised $4.5 million to accelerate exploration at its key WA gold assets.

Manhattan Corporation advances a high-resolution magnetic survey at its Hook Lake gold project in Nunavut while agreeing to sell its L3 Lithium Project in Nova Scotia for up to $1.34 million.

G50 Corp’s latest quarterly report reveals a significant new precious metals discovery at its Golconda Project alongside promising antimony results at White Caps, supported by a $10 million capital raise to advance exploration.

Santos Limited reported robust Q3 2025 results, highlighted by the Barossa LNG project commencing production and Pikka phase 1 nearing first oil. The company’s diversified portfolio and operational discipline underpin a confident outlook despite some operational delays.

MRG Metals reports encouraging early exploration results at its Adriano Rare Earth Project in Mozambique, with all 17 auger drill holes revealing heavy mineral concentrates and pegmatite outcrops suggesting a primary rare earth source. Assay results are pending to confirm the extent and grade of these deposits.

Aguia Resources has revealed a significant new gold vein discovery at its Santa Barbara project in Colombia, alongside operational upgrades that have markedly improved gold recovery and production quality.