Latest Drilling News

Scorpion Minerals has executed a binding option agreement to acquire the Old Prospect tenements within its Pharos Gold Project, adding a JORC-compliant resource of over 21,600 ounces of gold. The acquisition consolidates tenure along a highly prospective 5km structural corridor in Western Australia’s Murchison region.

Kinetiko Energy has secured approval to trade on the North American OTCQB Market, aiming to boost investor access and liquidity as it advances its South African gas projects.

American Tungsten & Antimony Ltd plans to unlock value by spinning out its Drummond Basin and NSW gold exploration assets into a new ASX-listed company, King Metals Limited, aiming to raise up to $6 million in an IPO.

Elevate Uranium Ltd has expanded its global uranium resource to 169 million pounds of U3O8 through the acquisition of the Napperby Uranium Project and complementary assets from Core Lithium Ltd. This move consolidates its Central Australian portfolio and leverages its proprietary U-pgrade™ beneficiation technology.

Elevate Uranium has expanded its global uranium resource base to 169 million pounds of U3O8 through the strategic acquisition of the Napperby Uranium Project and complementary assets from Core Lithium. This move consolidates its Central Australian portfolio and leverages its proprietary U-pgrade™ beneficiation technology.

MRG Metals has raised $0.73 million through a placement to advance its rare earth and heavy mineral sands projects in Mozambique and South Africa, including a strategic acquisition and mining license progression.

MRG Metals has completed the acquisition of the Garies Rare Earth Project, a high-grade, magnet-rich rare earth asset in South Africa, significantly boosting its critical minerals portfolio. The deal positions MRG for rapid development with a clear pathway to early cashflow and complements its existing projects in Mozambique and the Adriano–Fotinho corridor.

Kairos Minerals has reported compelling drill results from its Mt York Gold Project, highlighting significant gold intercepts that underpin an upcoming resource update scheduled for early 2026.

Cazaly Resources has reported promising high-grade gold intersections over a 1,300-metre strike at its Goongarrie Gold Project, validating historical data and setting the stage for a targeted drilling campaign in early 2026.

TG Metals Limited has reported strong drilling results at its Van Uden Gold Project, confirming multiple gold zones and depth extensions to the current resource. The company plans to resume diamond core and reverse circulation drilling in January 2026 to further define the deposit.

Axel REE Limited has announced a substantial upgrade to its Caladão Rare Earth Elements and Gallium resource in Brazil, expanding the project’s scale and advancing plans for low-cost in situ leach extraction.

Nova Minerals Limited has successfully closed a $20 million underwritten public offering on NASDAQ, aiming to accelerate exploration and development at its Estelle Gold and Critical Minerals Project in Alaska.