Latest Drilling News

Tamboran Resources has raised over US$56 million through a public offering and secured up to US$29.3 million via a PIPE, while forging a strategic partnership with Baker Hughes to advance its Beetaloo Basin shale gas development.

African Gold Limited has identified a significant 5 km gold anomaly at its Konahiri North Project in Côte d’Ivoire, with auger drilling underway and a maiden diamond drilling campaign set for November 2025.

Cygnus Metals reports a substantial 78% increase in Measured and Indicated resources at its Chibougamau Copper-Gold Project, including a maiden resource for the Golden Eye deposit, setting the stage for an updated economic study in early 2026.

Verity Resources has completed an Induced Polarisation survey at its Perseverance prospect, aiming to pinpoint gold sulphide zones along a promising 500m strike within the Monument Gold Project. This marks a strategic step toward expanding the project's 154,000-ounce inferred resource.

MRG Metals has confirmed four distinct alluvial rare earth deposits at its Adriano project in Mozambique, with all samples showing significant heavy mineral concentrate. Laboratory assays are underway to define the rare earth content, potentially advancing the project toward resource development.

TG Metals Limited reports impressive high-grade gold assay results from shallow drilling at its Van Uden Project, setting the stage for a mineral resource update in early 2026. The findings highlight promising resource expansion potential and ongoing exploration momentum.

TechGen Metals has identified a compelling Induced Polarisation (IP) chargeability target named 'Red Devil' at its Blue Devil Project in Western Australia, supported by high-grade copper and gold rock chip samples. This discovery adds a significant new dimension to the company's exploration efforts in the region.

Terra Metals has released its first Mineral Resource Estimate for the Dante Project, revealing substantial polymetallic deposits and a new thick reef discovery, backed by a $15 million capital raise to accelerate exploration.

TMK Energy has successfully drilled and commissioned its LF-07 pilot well, boosting gas production at its Gurvantes XXXV Coal Seam Gas project in Mongolia. The company also secured $3.5 million in oversubscribed funding and formed a strategic alliance to advance development plans.

Mt Malcolm Mines NL has announced a pro-rata renounceable entitlement issue to raise up to $2.33 million, partially underwritten by Mahe Capital Pty Ltd. The capital raise aims to fund exploration drilling, repay director loans, and support working capital.

Manhattan Corporation reveals exceptional surface assay results from its Hook Lake Project in Nunavut, highlighting untapped high-grade gold and silver mineralisation at the Quantum and Lotus prospects. The company plans maiden drilling in 2026 to further explore these promising targets beyond the known Jaws deposit.

Kaili Resources has responded to ASX inquiries regarding delays in confirming rare earth element assay results from recent drilling, reaffirming compliance with disclosure rules and explaining procedural factors behind the timing.