Latest Drilling News

West Coast Silver has identified a dozen near-mine high-priority silver targets at its Elizabeth Hill project in Western Australia, leveraging integrated geophysical, geochemical, and geological data. The company plans immediate follow-up exploration including drilling and trenching to test these promising zones.

Albion Resources has reported impressive shallow high-grade gold intercepts at its Collavilla Prospect within the Yandal West Gold Project, reinforcing the potential of this emerging gold system. The results support a geological model linking gold mineralisation to mafic rafts in granite, with further drilling and surveys underway.

Everest Metals Corporation has secured regulatory approval to begin mining at its Mt Dimer Taipan Gold & Silver Project, targeting production commencement in late 2025. The project’s inferred resource and ongoing contract negotiations position EMC for a promising small-scale operation.

TechGen Metals Ltd has announced a fully underwritten pro-rata non-renounceable entitlement issue to raise approximately $2.57 million, offering new shares at $0.018 each with free attaching options. The capital raise aims to accelerate exploration at key projects in Western Australia.

Peel Mining Limited has updated its mineral resource estimates, highlighting a robust 22.9 million tonnes at 2.20% copper equivalent across its South Cobar Project. The company is advancing pre-feasibility studies and exploration drilling at key deposits, positioning itself as a significant player in the Cobar Basin copper hub.

Cobalt Blue Holdings reveals promising engineering upgrades and exploration success at its Halls Creek Project, targeting enhanced margins and extended mine life through silver recovery, cobalt credits, and new copper discoveries.

Western Gold Resources has locked in a $3 million secured loan facility to fund critical drilling at its Gold Duke Project, pushing the mine closer to production with minimal shareholder dilution.

TG Metals Limited has raised $2.6 million through a placement to accelerate exploration and development at its Van Gold Uden deposit and Gold City prospect in Western Australia.

Havilah Resources has struck a binding deal with Heavy Rare Earths, granting earn-in rights to its Prospect Hill tin project with a $1.5 million exploration commitment over three years. The arrangement allows Havilah to focus on its copper assets while retaining significant upside exposure.

Chilwa Minerals has raised A$4.1 million through a private placement to fast-track exploration and development at its multi-commodity Chilwa Project in Malawi, with directors backing the raise subject to shareholder approval.

Terra Uranium Limited (ASX – T92) reveals significant historic mineralisation of tin, tungsten, molybdenum, and silver at its Deepwater Project in New South Wales, underpinning its strategic acquisition of Dundee Resources Pty Ltd.

Javelin Minerals has announced a significant 15% increase in recoverable gold ounces at its Eureka Gold Project, alongside a 32% rise in grade, setting the stage for enhanced production and cashflow in 2026.