Latest Drilling News

Unico Silver Limited has secured $25 million in funding to restart drilling at its Joaquin Project in Argentina, targeting promising high-grade silver zones. The company aims to upgrade resources and deliver a scoping study by mid-2026.

Lightning Minerals is set to commence a significant diamond drilling program targeting high-grade gold zones at its newly acquired Mt Turner project in Queensland, aiming to unlock deeper mineralisation along the Drummer Fault.

Horseshoe Metals has launched a new phase of reverse circulation drilling at its Horseshoe Lights Copper-Gold Project in Western Australia, targeting near-surface copper oxide and gold zones. Concurrently, the company is progressing offtake negotiations with major commodity traders.

Dateline Resources has secured $25 million in an institutional placement to accelerate exploration and development at its Colosseum Gold-REE Project in California, backed by strong U.S. government support and promising new targets.

The ASX has suspended trading in six companies starting 1 September 2025 due to late lodgement of mandatory periodic reports. The suspension may be lifted quickly if reports are filed promptly.

Horizon Gold has successfully completed its renounceable entitlement issue, raising nearly $7 million including a full shortfall placement, positioning the company for further development at its Gum Creek Gold Project.

Tamboran Resources Corporation advances its Beetaloo Basin gas project with record well flow rates and strategic partnerships, targeting initial production by mid-2026. The company is also progressing a farmout for Phase 2 acreage amid rising East Coast gas demand.

Rapid Critical Metals is set to become Australia's highest grade silver company through its acquisition of the Webbs Consol Silver Project, expanding its resource base to approximately 67 million ounces of silver equivalent at exceptional grades.

Odyssey Gold reports strong progress from its 2025 drilling campaign at the Tuckanarra Gold Project, confirming significant gold mineralisation and highlighting potential resource expansion between the Cable and Bollard pits.

Tamboran Resources has secured a pioneering approval from the Northern Territory Government to sell appraisal gas from its Beetaloo Basin exploration permits, marking a significant step toward local energy supply and revenue generation.

Diablo Resources has extended its Phoenix Copper Project claims in Utah, targeting high-grade copper mineralisation along a key fault zone, as the US moves to classify copper as a critical mineral. The company’s maiden drilling program is underway with results expected soon.

Hartshead Resources NL has had its trading suspension lifted following a significant announcement about a well carry agreement tied to its P2607 Licence. This development marks a pivotal moment for the company’s exploration prospects.