Latest Drilling News

Somerset Minerals confirms robust high-grade copper mineralisation at its Jura North prospect within the Coppermine Project, Nunavut, with plans for an aggressive 2026 drilling campaign and regional exploration across its extensive landholding.

Pivotal Metals has identified a promising new copper-gold exploration target, Kelly Lake East, within its Belleterre project in Quebec, setting the stage for a major drilling campaign in early 2026.

DevEx Resources reports a major metallurgical breakthrough at its Kennedy Rare Earths Project in Queensland, achieving up to 68% recovery of critical magnet rare earth elements using a straightforward heap leach process with low acid consumption.

Prodigy Gold reports strong gold intercepts from its 2025 drilling at the Tregony Deposit, setting the stage for an updated resource estimate and potential expansion in 2026.

West Coast Silver’s latest drilling at Elizabeth Hill confirms additional near-surface silver mineralisation and suggests a larger, vertically continuous system extending below historical workings. Assay results are expected soon, underpinning the project’s significant exploration potential.

Basin Energy has agreed to sell its Marshall Uranium Project to Green Canada Corporation, securing cash, shares, and a significant equity stake while retaining strategic rights and exposure to Canadian uranium assets.

Aeris Resources reported solid FY25 results within guidance and secured $80 million in new equity to fund exploration and development projects, positioning itself for significant growth in FY26.

Mt Malcolm Mine NL has supplemented its October Rights Issue with a $750,000 Placement Offer, updating its capital structure and funding plans to accelerate exploration and repay director loans.

Genesis Minerals has secured crucial rail agreements that clear the path for developing the Tower Hill open pit gold mine and expanding the Leonora mill, targeting first ore in FY28.

Anson Resources has raised A$14 million through a well-supported placement to advance its lithium and uranium projects in Utah, signaling strong investor confidence in its development strategy.

Mt Malcolm Mines has successfully closed an oversubscribed $2.3 million rights issue and secured an additional $750,000 placement, positioning the company to fast-track exploration and development at its Malcolm Gold Project.

Black Bear Minerals has completed the acquisition of the high-grade Shafter Silver Project in Texas, including $150 million in existing infrastructure, positioning itself strategically amid rising silver demand and geopolitical supply shifts.