Latest Drilling News

88 Energy Limited updates on its Alaska-based Project Phoenix, announcing a fully funded horizontal well and extended flow test scheduled for Q3 2026, backed by joint venture partner Burgundy Xploration LLC. The project is positioned for first production as early as 2027 amid a resurgence in North Slope activity.

Platina Resources has initiated a significant aircore drilling campaign at its Mt McKenna Gold Project in Western Australia’s Laverton region, aiming to unlock promising gold mineralisation near established mines.

Altair Minerals has identified approximately 17 kilometres of new gold target zones at its Greater Oko Project in Guyana, significantly expanding the prospective footprint based on historic geochemical data.

Infini Resources is approaching completion of its Phase 2 drilling at Portland Creek, revealing promising signs of a district-scale polymetallic uranium system, with assay results expected later this quarter.

ACDC Metals has advanced its Goschen Central project with a significant resource upgrade and positive scoping study, positioning itself as a key player in critical minerals supply chains.

Mammoth Minerals has identified a major new 5.5km by 4.2km intrusive complex at its Excelsior Gold Project in Nevada, drawing parallels to the prolific 4.2Moz Goldfield Caldera. Concurrent surveys at its Skyline Project in Canada bolster its base metals exploration pipeline, while plans for a strategic spinout are underway.

FIN Resources Limited has strengthened its geological team and commenced on-site assessments at the Cabin Lake Gold Project in Canada, progressing due diligence with promising early results.

Loyal Metals has launched a cutting-edge geophysical survey program at its Highway Reward Copper-Gold Mine, aiming to build on recent drilling success and pinpoint new mineral targets for 2026.

Infini Resources has completed its Phase 2 field program in Saskatchewan’s Athabasca Basin, revealing promising uranium targets and setting the stage for a maiden drill campaign in 2026.

White Energy Company Limited has launched a 5-for-12 partially underwritten entitlement offer at $0.027 per share, aiming to raise approximately $3.5 million to fund mineral exploration and corporate needs. Major shareholders and directors have committed to participate, while the offer excludes ineligible shareholders and related parties.

Askari Metals has completed its acquisition of the Nejo Gold and Copper Project in Ethiopia, gaining a strategic foothold in a prolific gold-copper belt. With active exploration underway and strong financial backing, the company is poised to accelerate resource development.

Redstone Resources has revealed significant new copper and cobalt mineralisation at the Tollu Deposit, extending known zones over 400 metres deeper and 130 metres south. These findings hint at a potentially large magmatic sulphide system beneath the West Musgrave Project.