Latest Drilling News

Aeris Resources has completed an $80 million equity placement and launched a share purchase plan, strengthening its balance sheet and setting ambitious production targets for FY26. The company is also divesting non-core assets to focus on growth and exploration.

Greenvale Energy has raised approximately $1.05 million through a share placement to fund ongoing uranium exploration at its Oasis project, with a Security Purchase Plan also offered to shareholders.

St George Mining has accelerated its final payments to Itafos, securing 100% unencumbered ownership of the Araxá Rare Earths and Niobium Project in Brazil. This move follows a significant equity raise aimed at advancing the project toward a Final Investment Decision.

New Age Exploration has initiated a significant 4,000-metre drilling program at its Wagyu Gold Project in Western Australia's Pilbara region, aiming to extend known gold mineralisation near the prolific Hemi deposit.

Strategic Energy Resources has completed its acquisition of the Diamantina copper-gold project from Anglo American, setting the stage for advanced exploration backed by new research partnerships.

Eclipse Metals has completed over 700 metres of diamond drilling at its Grønnedal project in Greenland, confirming continuous rare earth mineralisation and reinforcing its substantial inferred resource estimate. Drilling has now progressed to the polymetallic Ivigtût prospect, broadening the company’s critical minerals footprint.

Horseshoe Metals has reported strong shallow copper mineralisation at its Motters Zone, boosting confidence in resource upgrades and paving the way for imminent Direct Shipping Ore operations.

Aldoro Resources has secured funding and acquired a state-of-the-art drilling rig to expand its Phase II drilling program at the Kameelburg REE-Niobium Project in Namibia, aiming to enhance resource definition and metallurgical testing.

CZR Resources has secured heritage clearance to begin a significant drilling campaign at its Croydon gold project in Western Australia’s Pilbara, aiming to expand known gold zones and test for new intrusive-related mineralisation near the Hemi deposit.

Elementos Limited reports significant tungsten grade and recovery improvements at its Cleveland Project in Tasmania, driven by successful XRT ore sorting tests amid soaring tungsten prices.

Orpheus Uranium has executed a Native Title Mining Agreement with the Adnyamathanha Traditional Lands Association, a crucial step toward advancing its Frome and Marree uranium projects in South Australia.

Pivotal Metals is ramping up exploration at its Belleterre projects in Quebec following a successful $5.4 million financing, targeting high-grade gold, copper, nickel, and PGM deposits with drilling planned for late 2025.