Latest Drilling News

Strata Minerals has initiated its inaugural diamond drilling program at the Penny South Gold Project in Western Australia, supported by a co-funded deep drill hole from the WA Government. This marks a pivotal step in exploring extensions of gold mineralisation near the high-grade Penny Mine.

Paterson Resources has raised A$2 million through a discounted placement and entitlement offer, fully funding an 8,500m drilling program and key project studies at its Grace Project.

Savannah Goldfields launches an 80-hole drilling campaign targeting extensions of key gold deposits near its Georgetown plant, aiming to secure near-term oxide gold feed and extend production life.

Narryer Metals has formalised a joint venture with Petratherm Limited after the latter met its earn-in commitments, aiming to accelerate exploration at the promising Muckanippie Project in South Australia.

Saturn Metals has reported significant new high-grade gold intercepts at its Apollo Hill project, reinforcing the potential for resource growth beyond the current 2.24 million ounces. Ongoing drilling highlights expanding mineralisation at the Iris and Tefnut zones.

Thor Energy has completed the sale of a 75% stake in its US uranium and vanadium projects to Metals One PLC, receiving £1 million in shares and a cash exclusivity payment. This deal allows Thor to focus on its hydrogen and helium ambitions while Metals One takes operational control.

Savannah Goldfields has updated its Agate Creek Mineral Resource to 422,000 ounces of gold, reflecting improved confidence and a shift to a more robust estimation method. The combined Agate Creek and Georgetown Projects now hold over half a million ounces of gold.

Rapid Critical Metals has secured a major exploration licence in New South Wales, expanding its landholding 26-fold and strengthening its position in a prolific silver district. This move connects its Webbs Silver Project with Lode Resources’ assets, setting the stage for new discoveries.

Altitude Minerals has identified significant concentrations of zircon and titanium minerals in new samples from its EL7071 tenement in South Australia's Eromanga Basin, setting the stage for a planned drilling campaign in September 2025.

Duketon Mining’s inaugural drilling at the Killarney Gold Project reveals promising high-grade gold intercepts, setting the stage for further exploration and potential resource growth.

First Au Limited has successfully completed a two-tranche placement raising $1.56 million to fund its acquisition of the Nimba Gold Project and ongoing exploration activities.

Redcastle Resources is progressing its Queen Alexandra gold project from scoping to pre-feasibility study preparation, focusing on closing critical data gaps and exploring funding options to accelerate development.