Latest Drilling News

Sunrise Energy Metals has raised A$32.5 million through a follow-on placement, advancing its flagship Syerston Scandium Project toward mid-2026 construction. This latest capital injection builds on a total of A$105 million raised since June 2025, underscoring strong investor confidence amid growing scandium demand.

Barton Gold Holdings has reported promising shallow, high-grade gold assay results from its Tunkillia project, reinforcing projections of $1.3 billion operating profit in the first 2.5 years. The company is on track for a resource upgrade and further drilling to refine its development plans.

Greenvale Energy has successfully scaled its Alpha Torbanite Project test program by 40 times and commenced bulk sample production aiming for commercial bitumen certification.

Rimfire Pacific Mining has completed a 23-hole air core drilling campaign at its Rabbit Trap Scandium Project in NSW, intersecting promising rock types at the Malamute Prospect. Assay results expected in January 2026 will clarify the discovery’s potential.

AIC Mines has successfully extended the Jericho copper deposit in Northwest Queensland by approximately 250 metres down-plunge, revealing promising grades of copper, gold, and silver. These results reinforce the deposit’s potential to support future production growth alongside the nearby Eloise mine.

Venari Minerals reports its highest-grade lithium intersection to date from the Red Mountain Project in Nevada, reinforcing the deposit's scale and quality ahead of a maiden resource estimate.

Pacgold Limited has identified a significant 14-kilometre gold and antimony soil anomaly at its St George Project in northeast Queensland, setting the stage for a major drilling campaign in mid-2026.

Caspin Resources has identified a compelling new gold anomaly near historic workings at its Weethalle Gold Project, prompting a Phase Two drilling campaign early next year. Initial drilling revealed extensive hydrothermal alteration, setting the stage for further exploration.

Exultant Mining has completed key reconnaissance work at its Peak View Project in New South Wales, collecting 16 rock chip samples from historic prospects and securing land access agreements ahead of a planned drilling campaign in 2026.

MetalsGrove Mining Limited has been granted the Vavoua gold exploration permit in Côte d’Ivoire, advancing its strategic foothold near the Abujar gold mine. An initial soil sampling program using cutting-edge PortablePPB technology is set to commence early next year.

Somerset Minerals Limited has launched a C$2.25 million flow-through share offer targeting Canadian investors, aiming to accelerate exploration activities at its Jura project. The capital raise complements a planned institutional placement and highlights both growth ambitions and inherent risks.

Eastern Gas Corporation Limited, a new ASX-listed subsidiary of Pure One Corporation, has lodged a Replacement Prospectus to raise $5.5 million for advancing its Queensland gas projects, targeting commercial production through horizontal drilling and fracture stimulation.