Latest Drilling News

Admiralty Resources NL reported steady production growth at its Mariposa Iron Ore Project in Chile, securing key export approvals and infrastructure progress despite a delay in its audited financial statements that led to ASX suspension.

Gateway Mining has completed its acquisition of the Yandal Gold Project, revealing promising high-grade gold results and securing $22.5 million to fuel extensive exploration and drilling programs.

Zuleika Gold advances its Plutonic Mine litigation with a trial delay to early 2026, while gearing up for exploration drilling and bolstering its finances with new funding.

Legacy Minerals reports multiple high-priority exploration targets at Mt Carrington with drilling underway and a metallurgical study initiated, alongside encouraging assay results at Thomson and a major PGE drill campaign at Fontenoy.

Adavale Resources has reported significant gold mineralisation extending beyond current estimates at its London Victoria Gold Mine, alongside securing $3.1 million in funding and appointing David Ward as Managing Director.

Botala Energy has made significant strides in developing its Serowe coal bed methane project in Botswana, securing a $1.5 million placement and government interest to address Southern Africa’s looming gas shortage.

Xstate Resources has successfully re-listed on the ASX and drilled the Diona-1 well in Queensland, revealing a significant overpressured gas column that could accelerate gas sales by mid-2026.

Resolution Minerals has completed a pivotal drilling phase at its Horse Heaven Project, confirming visible tungsten mineralisation and securing A$25.1 million in institutional funding to accelerate exploration and development.

Olympio Metals has reported significant high-grade gold intersections from its Bousquet Gold Project in Quebec, alongside a $1.6 million capital raise to accelerate exploration and drilling activities.

Enova Mining confirms robust rare earth and titanium mineralisation across its Brazilian projects, advancing towards maiden drilling at East Salinas backed by a $0.85 million capital raise.

Key Petroleum Limited is on the cusp of securing critical government approvals for its Queensland projects, bolstered by new major shareholders and strategic board changes that set the stage for accelerated development and diversification.

Redstone Resources reports promising copper and cobalt assay results from deep drilling at its West Musgrave project, supported by multiple government grants and a recent $650,000 capital raise to advance exploration.