Latest Drilling News

Novo Resources reports strong June quarter progress with high-grade gold intercepts at Tibooburra and new target zones at John Bull, advancing multiple projects across Australia.

BPM Minerals has reshaped its portfolio by acquiring the Forelands Gold Project and selling the Claw Gold Project, positioning itself for growth in Western Australia’s gold sector.

Neometals has reported a maiden Mineral Resource Estimate for its Ironclad gold deposit at Barrambie and signed a non-binding MoU with Rio Tinto to advance its lithium processing technology, alongside progress in battery recycling plant commissioning.

Sandfire Resources reported a 12% rise in copper equivalent production for FY25, narrowly missing guidance due to severe weather and power outages, while slashing net debt by $273 million. The company projects further growth in FY26 despite expected cost pressures.

Victory Metals has produced a 94% total rare earth oxide product enriched in heavy rare earths from its North Stanmore project, marking a first for Australian clay-hosted deposits and setting a new industry benchmark.

Lunnon Metals reports robust gold assay results from the newly identified Lady Herial Northwest structure, confirming a stacked gold system at its Kambalda project. The company advances open pit permitting and negotiations with major shareholder Gold Fields Ltd.

CuFe Limited’s scoping study for its Orlando open pit project in Tennant Creek reveals strong economics with a $355 million NPV and a swift 1.9-year payback, setting the stage for a feasibility study.

Ramelius Resources delivered record FY25 gold production and free cash flow, surpassing guidance, while finalising its transformative acquisition of Spartan Resources. The company is ramping up exploration and integration efforts to target half a million ounces annual production by FY30.

Mount Hope Mining has awarded a drill contract to commence its inaugural drilling program at the Mt Hope Project, targeting gold and polymetallic mineralisation across three key prospects in New South Wales.

Hamelin Gold Limited has progressed key drilling programs in Western Australia’s premier gold provinces, backed by a recent $2.8 million capital raise that leaves it well-funded for ongoing exploration.

E79 Gold Mines advances its Laverton South drilling program with encouraging gold anomalies while consolidating full ownership and expanding the Mountain Home project in the Northern Territory, supported by government grants.

Lefroy Exploration has released final assay results from its Lucky Strike gold deposit, confirming a robust high-grade, near-surface gold model and advancing plans for mining operations in 2025.