Latest Drilling News

Brightstar Resources has successfully upsized its Share Purchase Plan to $18 million, raising total equity proceeds of $193 million to fully fund its Goldfields Project and accelerate development at Sandstone.

Magnetite Mines Limited has announced a renounceable rights issue aiming to raise up to $3.92 million to fund exploration across its South Australian tenements and advance the Razorback Iron Ore Project, recently awarded Major Project Status.

Solstice Minerals has intersected a new high-grade copper-gold zone at its Nanadie Project in Western Australia, signalling strong potential to expand its existing mineral resource. The latest Phase 1 drilling results reveal significant copper, gold, and silver grades that could reshape the project’s future development.

Castle Minerals has significantly expanded its Western Australian gold footprint by acquiring Meekasan Pty Ltd, boosting its contiguous landholding in the Meekatharra district to 184km². The move is complemented by key board changes aimed at accelerating growth.

LinQ Minerals has reported a significant 220-metre copper-gold intersection at its Mandamah deposit within the Gilmore Project, affirming the continuity of a high-grade mineralised core. With drilling intensifying and strong funding in place, the company is poised for an active exploration year.

Conrad Asia Energy has formally approved the Final Investment Decision for its Mako Gas Project in Indonesia, securing full funding and long-term sales contracts, with first gas expected in late 2027.

Maronan Metals has been granted a Mineral Development Licence for its Maronan Silver Project, marking a pivotal step toward mine readiness and enabling underground resource expansion.

Capstone Copper has reported record-breaking copper production and adjusted EBITDA for Q4 and full-year 2025, while progressing key expansion projects and maintaining stable guidance for 2026.

Omega Oil and Gas has locked in Helmerich & Payne’s FlexRig® 648 to power an expanded 2026/27 drilling campaign in Queensland’s Taroom Trough, aiming to unlock a vast unconventional oil and gas resource.

Rimfire Pacific Mining has located and resampled historic diamond drill core from its Windy Ridge Gold Antimony Prospect, aiming to validate decades-old gold intercepts and quantify antimony levels. Results are expected by early April 2026, potentially enhancing the value of its Broken Hill Base Metals Project amid rising critical minerals demand.

PC Gold has extended the Main Zone strike at its Spring Hill Gold Project by 80 metres south, revealing high-grade gold mineralisation within the existing open pit footprint. This discovery could significantly enhance the project’s resource base and economics as drilling continues.

Iceni Gold has identified a high-priority gold target at Goose Well within its 14 Mile Well Project, confirming significant mineralisation through historic drill resampling. A 23-hole reverse circulation drilling campaign is set to begin in late March 2026 to test the system's potential.