Latest Drilling News

Black Canyon Limited has completed Phase 3 drilling at its Wandanya Project, confirming continuous manganese mineralisation along a 3km strike and identifying extensive iron mineralisation nearby.

Golden Deeps Ltd has contracted Terratec to conduct a comprehensive Induced Polarisation survey at its Graceland Prospect in Namibia, aiming to pinpoint high-grade copper, silver, zinc, lead, and germanium sulphide targets along a 2km mineralised corridor.

Black Cat Syndicate’s ongoing underground drilling at Paulsens has revealed extraordinary gold grades, including a standout 1.60m intercept at 623.94g/t Au. These results underpin the mine’s ramp-up and resource expansion plans.

Yandal Resources has clarified that a recent spike in its share price follows a significant off-market block trade, with no undisclosed material information influencing the market. The company also signals imminent drilling activity at its Ironstone Well-Barwidgee Gold Project.

Beacon Minerals reported a $10.8 million loss for FY2025, driven by higher operational costs and a strategic shift to retain gold bullion. Despite increased gold production, profitability was squeezed by challenges at the MacPhersons mine and a 20% drop in gold sales.

MEC Resources Ltd has reported a net profit of $207,490 for the 2025 financial year, reversing prior losses, while advancing a significant legal challenge through its investee Advent Energy Ltd and raising $2.6 million via an entitlement offer.

Enterprise Metals Limited has addressed recent sharp price and volume movements in its shares, attributing the activity to upcoming drilling programs and positive market sentiment in rare earth elements and critical minerals.

Kingsland Minerals has achieved a breakthrough with 99.97% purified spherical graphite from its Leliyn project, advancing its position in the EV battery supply chain. The company is on track to complete its scoping study next month, with downstream processing partnerships underway.

Havilah Resources reports significant progress on its copper-gold-cobalt projects, including promising drilling outcomes and a $2 million share placement to support ongoing development and exploration.

Infinity Mining Limited’s 2025 AGM highlighted significant portfolio reshaping, including asset sales and acquisitions, alongside promising exploration results at the Cangai Copper Project.

Alligator Energy Limited offers Placement Participants up to 278 million options exercisable at $0.047 each, following a $17.25 million placement completed in June 2025. The options offer closes on 8 September 2025 and is exclusive to Placement Participants.

Blue Energy Limited has successfully raised $3.2 million through a two-tranche placement, complemented by a proposed $250,000 share purchase plan, to fund drilling and pipeline development in Queensland’s North Bowen Basin.