Latest Drilling News

Ora Banda Mining reported a 36% rise in FY25 gold sales and a strong cash position, despite some operational delays. The company’s FY26 guidance targets a 60% production increase, backed by significant exploration successes.

Morella Corporation has secured key heritage approvals and government co-funding, while prioritising rubidium extraction research ahead of drilling at its Mt Edon and Mallina projects.

Antipa Minerals has consolidated its Minyari Project into a 4,100km² belt-scale asset, updated its resource base to 3 million ounces gold equivalent, and secured $70.6 million in cash to accelerate exploration and development.

MinRex Resources has completed a key drilling campaign at its Fraser Range Copper-Gold Project in Western Australia, with assay results due next month. The company also strengthened its cash position through a Loyalty Option Offer, positioning itself for further exploration.

Corazon Mining has completed the sale of its remaining interest in the Miriam Project, appointed Simon Coyle to its board, and continues to push exploration in Canada and Australia amid a strategic review.

Leeuwin Metals has reported strong high-grade gold assay results from its recent drilling at the Marda Gold Project, confirming mineralisation continuity along a 3km corridor and setting the stage for further exploration.

Patriot Resources has signed to acquire the high-grade Sugarloaf Copper Deposit in Zambia and commenced drilling on a fresh copper target, backed by a $2.2 million capital raise to accelerate exploration.

Kaili Resources Limited reports encouraging early drilling outcomes from its South Australian rare earth projects, with expanded exploration plans pending environmental approvals.

Kingsland Minerals has initiated a scoping study for graphite concentrate production at its Leliyn Graphite Project, supported by an updated Indicated Mineral Resource estimate. The study aims to assess the economic viability of a processing facility near Pine Creek, NT.

Ark Mines has secured $1.5 million to advance its Sandy Mitchell Rare Earths project, initiating a key drilling campaign and metallurgical testing aimed at significantly upgrading its resource base.

Richmond Vanadium Technology has paused parts of its feasibility study and approval processes in response to a prolonged downturn in vanadium prices, focusing instead on metallurgical innovation and cash conservation.

Terrain Minerals has completed an expanded 22-hole drilling campaign at its Smokebush Gold Project and is progressing metallurgical studies at Larin’s Lane Gallium/REE project, backed by a recent $1.58 million capital raise.