Latest Drilling News

M3 Mining Limited has raised $2.25 million through a share placement to fund exploration at its Victorian projects and pursue strategic acquisitions, signaling a renewed focus under new leadership.

West Wits Mining has secured a $12.5 million USD loan facility from Nebari to fast-track development of its Qala Shallows Gold Project in South Africa, aiming for first gold production in early 2026.

Coda Minerals has announced a fully underwritten $8.33 million entitlement offer to fund the pre-feasibility study of its Elizabeth Creek Copper-Silver Project, offering shareholders a discounted entry price with attaching options.

Lode Resources reports exceptional high-grade antimony and silver drill results from its Montezuma Project in Tasmania, including the deepest mineralised intercept to date at 220m. These findings bolster the potential for a significant bulk tonnage resource amid soaring metal prices.

Beacon Minerals has reported robust assay results from its Stage 2 drilling at the Iguana Deposit, revealing multiple high-grade gold intersections and promising depth extensions in the Northwest Corridor.

Gorilla Gold has extended its Lakeview King Kong lode by 150 metres and discovered new mineralised structures at its Comet Vale Gold Project, signalling a growing camp-scale gold system in Western Australia.

Western Mines Group has completed diamond drill hole MTD030 at its Mulga Tank Project, intersecting extensive olivine cumulate ultramafic rock with multiple intervals of visible nickel sulphide mineralisation, including high-tenor blebs confirmed by spot pXRF readings up to 41.3% nickel. This confirms a dynamic komatiite system and reinforces the project's large-scale potential.

Enova Mining reports significant expansion of near-surface high-grade titanium, rare earth elements, and niobium mineralisation at its CODA Central Project in Brazil, highlighting the project's growing potential as a multi-commodity critical minerals source.

Red Sky Energy has secured regulatory approval to build the KN2 well site at its Killanoola Oil Project, setting the stage for drilling a promising new target that could boost production and revenues.

Noronex Limited has confirmed deeper, higher-grade copper mineralisation at its Fiesta Project in Namibia through diamond drilling, setting the stage for a substantial 7,000m Reverse Circulation drilling campaign funded by South32.

Adavale Resources has reported promising shallow, high-grade gold intercepts from its maiden drilling program at the London Victoria Gold Mine, reinforcing the potential to expand its current resource base. The company is advancing with a magnetic survey and planning a second drilling phase to further delineate the deposit.

Astral Resources has reported robust gold intercepts from its recent drilling at the Spargoville Gold Project, highlighting potential to expand existing resources beneath the 8500N palaeochannel deposit. Concurrent exploration at Mandilla and lithium targets at KOMIR JV further underpin the company’s multi-asset growth strategy.