Latest Drilling News

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.

Emmerson Resources and Pan African Resources have approved a $6.9 million exploration budget for the Tennant Creek Joint Venture in Q1 2026, marking the largest quarterly spend in over two decades. The program targets high-grade gold deposits with extensive drilling and geophysical surveys.

AusQuest Limited’s recent reconnaissance drilling at its Mt Davis Project in Western Australia has revealed promising lead, copper, and silver anomalies, suggesting potential for sediment-hosted base metal deposits.

Native Mineral Resources has completed its final gold pour for 2025 at Blackjack, producing approximately 8.36kg of gold doré and generating nearly $10 million in revenue since July. The company is set to begin drilling at the Ravenswood Gold Project in January 2026 under a joint venture with Haoma Mining NL.

Flynn Gold has successfully extended high-grade gold mineralisation across a 9km zone at its Golden Ridge Project in northeast Tasmania, with drilling confirming a large-scale gold system. Meanwhile, drilling at the nearby Mangana Project is underway, promising further updates in early 2026.

Capricorn Metals has secured the Yalgoo Project, significantly enlarging its Mt Gibson Gold Project tenure and setting the stage for new exploration in 2026.

Infini Resources has confirmed high-grade uranium mineralisation at surface in its Reitenbach Lake project with a standout 1.90% U3O8 assay, advancing its exploration towards a maiden drill campaign planned for mid-2026.

Ariana Resources has reported encouraging initial assay results from its 2025 drilling campaign at the Dokwe Gold Project in Zimbabwe, revealing significant extensions beyond the current resource envelope. The company plans further drilling in early 2026 to explore these promising zones and support feasibility studies.

Central Petroleum has secured strategic interests in the Cooper and Otway Basins through binding agreements with ADX Energy, setting the stage for a multi-million dollar expansion and planned drilling campaigns in 2026 and 2027.

S2 Resources has completed the sale of its Fosterville exploration licence to Agnico Eagle for A$17 million, significantly strengthening its cash position and enabling a renewed focus on exploration projects in New South Wales and Western Australia.

Lithium Energy has completed Phase 1 drilling at its high-grade Burke and Mt Dromedary graphite deposits in Queensland, with Phase 2 drilling set to begin in January 2026. The company is also exploring a vertically integrated battery anode material business to capitalize on shifting global supply dynamics.