Latest Drilling News

Southern Hemisphere Mining has updated its JORC Mineral Resource Estimate for the Llahuin Copper-Gold-Molybdenum Project in Chile, reporting a substantial 218 million tonnes at 0.38% copper equivalent with significant contained metals and promising exploration upside.

Mineral Resources Limited has met its FY25 production and cost guidance across all segments, boosted by a cashflow-positive Onslow Iron joint venture and record low costs at Wodgina. The company also strengthened its board and initiated a governance review.

Resource Base Limited has secured two new tenements in South Australia's Gawler Craton, reinforcing its rare earth and lithium exploration portfolio amid stable cash reserves and ongoing projects in Canada and Australia.

West African Resources delivered solid Q2 gold production and cash flow, with the Kiaka project completing construction early and under budget. High-grade drilling results at M1 South promise further resource growth.

Midas Minerals has agreed to acquire the high-grade Otavi Copper Project in Namibia from Nexa Resources, backed by a $6.5 million capital raise to accelerate exploration and resource definition. The company also advances its South Otavi and Western Australian projects, positioning for significant growth.

Ordell Minerals has significantly expanded gold mineralisation at its Barimaia Gold Project, doubling the strike length to over 7km and confirming promising shallow gold zones at McNabs East. A recent $3.85 million capital raise will fund ongoing exploration efforts.

Metals Australia reports a 595% surge in graphitic carbon intervals at its Lac Carheil project, advances critical infrastructure funding applications, and initiates copper-gold drilling at Warrego East.

Infini Resources has appointed experienced contractors to commence a pivotal Phase 2 drilling campaign at its Portland Creek Uranium Project, aiming to unlock high-grade uranium targets along a 6 km mineralised trend.

Grand Gulf Energy has secured an exclusive option for a major offshore Namibia oil block with over a billion barrels prospective resource and signed a strategic MoU to jointly explore helium and potash in Utah’s Paradox Basin.

Sabre Resources has revealed promising rockchip sampling results at its Dingo Uranium Project, identifying three new target areas rich in uranium, critical metals, and rare earth elements. Planned soil sampling and drilling aim to further evaluate these discoveries.

St Barbara Limited reports steady gold production and strong financials while progressing the Simberi Expansion Project, though a PNG tax dispute delays funding decisions.

Premier1 Lithium has confirmed high-grade gold assays up to 10.5 g/t at the newly discovered Rochefort Prospect within its Abbotts North Project, signalling a promising new gold target in Western Australia’s Murchison region.