Latest Drilling News

Legacy Minerals retains 100% ownership of the Bauloora Gold-Silver Project after Newmont's withdrawal and secures the high-grade Mt Terrible Gold-Copper Project in NSW, positioning itself strongly amid record precious metals prices.

Titan Minerals has landed a US$10 million strategic investment from Lingbao Gold International, acquiring nearly 10% of the company and setting the stage to fast-track its Dynasty Gold Project in Ecuador.

Axel REE Limited reports encouraging auger drilling results at its Caldas Project in Brazil, confirming broad near-surface rare earth mineralisation and initiating new drilling at Caldas South. The company aims to define an Exploration Target and advance metallurgical studies to support resource development.

St George Mining’s latest drilling results reveal a thick, high-grade rare earth and niobium mineralisation extending well beyond the existing resource at its Araxá project in Brazil, hinting at a major resource upgrade.

Haranga Resources has raised $14 million through an oversubscribed placement led by Collins St Gold Fund, aiming to fast-track exploration and development at its Lincoln and Ibel South gold projects.

Lodestar Minerals has confirmed significant gold mineralisation extensions at its Ned’s Creek project in Western Australia, while drilling in Chile faces a brief delay due to a rare wildflower bloom.

DY6 Metals has launched a 91-hole auger drilling campaign at its Central Rutile Project in Cameroon, aiming to fast-track resource definition following promising surface rutile grades.

Carnaby Resources has landed a A$12.5 million investment from the Queensland government-backed QIC Critical Minerals and Battery Technology Fund, accelerating development of its Greater Duchess copper-gold project. The funding will underpin key feasibility studies and position the company for a final investment decision by late 2026.

Nimy Resources is advancing its Mons Critical Mineral Project with a comprehensive geochemical sampling program and high-resolution airborne magnetic surveys targeting gold, base metals, and gallium. These efforts aim to extend known mineralised zones and refine upcoming drilling strategies.

Solis Minerals has reported encouraging initial drill results from its Ilo Este and Chancho al Palo projects in Peru, revealing extensive copper-gold mineralisation and signs of a high-grade porphyry core.

Evolution Mining delivered a record $366 million net mine cash flow in the September quarter, advancing key projects and reducing gearing to 11%, positioning itself strongly for FY26.

Prospect Resources has extended the strike length of its flagship Nyungu Central deposit beyond 1.5 km, revealing significant copper and gold mineralisation. Final assay results from Kabikupa and ongoing exploration set the stage for a late 2025 resource estimate update.