Latest Drilling News

Fortescue has approved a $3 million exploration budget for Strategic Energy Resources’ Canobie Project, setting the stage for a significant diamond drilling campaign targeting copper-gold mineralisation in northwest Queensland.

Conrad Asia Energy is set to commence a substantial 3D seismic survey in late 2025 over its Offshore North West Aceh gas assets, aiming to refine resource estimates and pave the way for future development including mini-LNG and power generation projects.

Flynn Gold has announced a significant high-grade gold discovery at its Double Event Prospect within the Golden Ridge Project in Northeast Tasmania, revealing multiple quartz-sulphide veins over a 275-metre strike length. The company has secured drilling approval and plans further trenching to explore extensions.

Titan Minerals reports robust drilling results at its Dynasty Gold Project in Ecuador, revealing wide, high-grade gold and silver intercepts that promise resource expansion and improved mine economics.

Godolphin Resources has announced a substantial upgrade to its Lewis Ponds mineral resource, boosting contained gold to 470,000 ounces and silver to 21 million ounces, marking a significant step towards project development.

Resouro Strategic Metals reports a significant update to its Tiros project resource alongside a reduced quarterly loss, highlighting progress in its Brazilian exploration assets.

AXP Energy has secured 1,400 acres of oil and gas leases in Kay County, Oklahoma, setting the stage for rapid drilling and expansion of its gas-to-power-bitcoin mining operations. The company aims to leverage proven stacked pay zones and a favorable regulatory environment to scale production and innovative energy uses.

Forrestania Resources has secured gold rights over key tenements adjacent to its Ada Ann project, enhancing its exploration potential in Western Australia’s Bonnie Vale region.

Cygnus Metals has pinpointed multiple promising copper-gold drilling targets adjacent to the historic Cedar Bay mine within its Chibougamau Project, mobilizing an additional rig ahead of a comprehensive resource update next month.

QMines Limited reports strong, consistent high-grade copper-zinc drilling results at its Sulphide City deposit, reinforcing the Develin Creek project’s growth potential and advancing plans for a multi-asset operation in Central Queensland.

Everest Metals Corporation has raised $4 million through a share placement to advance its gold and critical minerals projects in Western Australia, including pioneering rubidium extraction technology.

Core Energy Minerals reports significant rare earth element assay results from initial soil sampling at its Tunas Project in Brazil, with peak TREO values nearing 3,000ppm. The company is set to launch systematic auger drilling to define future targets.