Latest Drilling News

Stavely Minerals has expanded shallow gold mineralisation at its Fairview North prospect to over 300 metres, revealing high-grade gold intervals and setting the stage for an imminent Phase 3 drilling campaign.

Elixir Energy has confirmed 23 meters of net gas pay across three Permian formations at its Diona-1 well in Queensland, setting the stage for flow testing and potential near-term gas production.

Sunstone Metals has completed an extensive surface sampling campaign at its Bramaderos Gold-Copper Project in Ecuador, aiming to expand its 2.7 million ounce gold equivalent resource ahead of a scoping study. Assay results expected this month could unlock significant resource growth and new exploration avenues.

Yugo Metals has raised $3.5 million through a discounted placement to fund its first-ever diamond drilling program targeting gold anomalies at the Sinjakovo Project, with drilling set to commence in November 2025.

Catalyst Metals has received regulatory approval to build an exploration tunnel at its Four Eagles gold project in Victoria, marking a pivotal step toward underground access and resource expansion. The company is advancing its high-grade gold resource with a secured processing facility and plans for further drilling in FY26.

Middle Island Resources has initiated its first reverse circulation drilling campaign at the Bobija Project in western Serbia, aiming to unlock polymetallic gold, silver, copper, lead, and zinc mineralisation beneath a historic open pit mine. This drilling marks a key step in advancing the company’s strategic acquisition of Konstantin Resources and its foothold in a prolific mineral province.

Flynn Gold Limited has successfully raised $5 million through a rights issue and placement, positioning the company to accelerate drilling and exploration across its Tasmanian gold, silver, and critical metals projects.

Odyssey Gold Limited has reported encouraging results from a technical study supporting open pit mining at its Tuckanarra Gold Project and signed a key Memorandum of Understanding to process ore at Monument Mining’s nearby Burnakura plant.

OD6 Metals has initiated Phase 2 drilling at its Gulf Creek Copper Project in NSW, aiming to explore large geophysical anomalies and untested prospects that could expand on previously confirmed high-grade copper mineralisation.

AIC Mines has confirmed high-grade copper mineralisation continuity at the Jericho deposit’s Jolly shoot, with early access expected by March 2026, potentially fast-tracking production growth.

Aureka’s latest drilling at the Irvine Project in Victoria has intercepted visible gold across multiple holes, hinting at significant high-grade potential and the prospect of expanding its current inferred resource.

Paladin Energy reported a record uranium production quarter at its Langer Heinrich Mine alongside a successful A$300 million equity raise, positioning the company for accelerated development of its Patterson Lake South project.