Latest Drilling News

Kalamazoo Resources has released a compelling Scoping Study for its Mt Olympus Deposit within the Ashburton Gold Project, outlining a technically robust, high-margin gold operation with strong financial metrics and significant upside potential.

Black Cat Syndicate’s ongoing underground drilling at Paulsens continues to reveal high-grade gold zones beyond current resources, supporting their More Gold, Sooner strategy. With 36 assay results pending and development advancing, the mine’s growth potential is increasingly evident.

Auravelle Metals has identified a promising new gold target at Sheoak East within its Nuckulla Hill Project, revealing significant shallow gold mineralisation in initial drilling. This discovery extends a large gold anomaly and sets the stage for aggressive follow-up exploration.

WIN Metals reports exceptional initial drill results from the Radio Gold Project in Western Australia, revealing high-grade gold intercepts and confirming significant potential for resource expansion and mining development.

Rox Resources is poised to commence underground development at its Youanmi Gold Project with the first decline cut scheduled this week, while a Definitive Feasibility Study is due shortly, marking a critical phase in its path to production.

Legend Mining has secured key exploration licences and rights adjacent to its Pinnacle Well Project, significantly enlarging its footprint near Leonora, WA. These acquisitions enhance the project's gold prospectivity and set the stage for upcoming exploration activities.

Elixir Energy has received a $3.861 million R&D tax refund, providing crucial funding for its upcoming Taroom Trough appraisal drilling and production testing programs.

McLaren Minerals has identified a promising second shoreline adjacent to its existing McLaren Titanium Project resource, revealing fresh exploration potential within historical data. The company plans further drilling in early 2026 to validate and expand this new target.

Golden Horse Minerals has initiated a 2,000m reverse circulation drilling campaign targeting historically rich gold prospects in the Golden Valley area, aiming to unlock shallow mineralisation near old high-grade workings.

Finder Energy has signed a farmout agreement assigning 40% of its North Sea P2530 licence to Serica Energy, retaining operatorship and a 20% stake. This move aims to accelerate appraisal and development of the Wagtail oil discovery through strategic partnership and regulatory approvals.

NuEnergy Gas Limited has announced a $4.62 million entitlement offer, primarily to fund early gas sales and development of its Indonesian coal bed methane assets. The offer is partially underwritten by a major shareholder and supports key milestones in the company’s transition to commercial production.

Pinnacle Minerals has launched a rapid mine restart study at the historic Lightning Peak Open Pit within its Thunder Mountain Gold-Silver Project in Idaho, aiming to revive gold and silver production using modern exploration techniques.