Latest Drilling News

Taruga Minerals has secured new exploration licences in Western Australia’s Gascoyne province and identified a promising gold and copper prospect, reinforcing its position in polymetallic exploration.

Zinc of Ireland NL reported steady progress across its Irish and Australian projects in Q3 2025, with significant geochemical and geophysical surveys underway and drilling completed at Mt Clere awaiting assay results.

Marvel Gold Limited has significantly expanded its Tanzanian Hanang Gold Project and identified promising gold anomalies, setting the stage for its first drilling program. Meanwhile, the company finalised the sale of its Mali Tabakorole project, strengthening its financial position.

Legacy Iron Ore Limited reported solid progress in its September 2025 quarter, advancing gold production at South Laverton and pushing forward feasibility and environmental studies at the Mount Bevan magnetite project.

Redcastle Resources has formed a strategic joint venture with BML Ventures to fast-track gold production at its Queen Alexandra and Redcastle Reef deposits, while expanding its Eastern Goldfields footprint through major tenement acquisitions.

Lion Energy Limited reports strategic progress on its East Seram drilling plans and limits spending on its Port of Brisbane Green Hydrogen Project pending government funding, while divesting a stake in the Seram Non-Bula PSC to reduce exposure.

McLaren Minerals has reported significant high-grade drilling extensions at its McLaren Titanium Project in WA, with a Prefeasibility Study nearing completion and strong market demand for its ilmenite concentrate.

McLaren Minerals reported a challenging quarter with net cash outflows and limited funding runway, prompting plans for a capital raise to support its upcoming Bankable Feasibility Study.

Mt Malcolm Mines NL reported a productive September quarter with extensive drilling confirming shallow gold mineralisation and commenced JORC resource evaluations at its flagship Malcolm Gold Project.

Far Northern Resources has updated its Mineral Resource Estimate for the Ios Gold Project and initiated a Phase 2 drilling program at Bridge Creek, signalling progress in its Northern Territory gold exploration.

Culpeo Minerals has completed its maiden diamond drilling at the La Florida Prospect, revealing promising high-grade copper mineralisation and setting the stage for expanded exploration in Chile’s prolific Coastal Cordillera.

Kingsgate Consolidated Ltd reported a record September quarter at its Chatree Gold Mine, with gold production surging 18% to nearly 24,000 ounces and silver output exceeding 200,000 ounces. Strong metal prices and operational efficiencies lifted cash and bullion holdings to A$115 million.