Latest Drilling News

Encounter Resources is gearing up for a six-hole drilling campaign at its BM5 prospect within the Yeneena Copper Project, following promising multi-element anomalies and petrographic evidence of copper mineralisation.

Perseus Mining delivered a strong June 2025 quarter, hitting production targets and maintaining a robust cash position of US$827 million, while progressing major projects including the Nyanzaga Gold Project in Tanzania.

Mount Hope Mining has defined a maiden gold exploration target at Mt Solitary and more than doubled its landholding in the Cobar basin, setting the stage for a maiden drill program in September 2025.

Power Minerals has received crucial environmental and hydrological approvals to begin drilling at its Pocitos Project in Argentina, a vital step toward establishing a lithium carbonate production hub in the Lithium Triangle.

Megado Minerals has completed the acquisition of an 80% stake in the Iberian Copper Project in Northern Spain, backed by overwhelming shareholder support. The company is advancing geological mapping and preparing for drilling later this year, while also raising A$780,000 through an institutional placement.

IMDEX has acquired an 80.5% stake in Norway’s Earth Science Analytics for A$26 million, integrating its AI-driven EarthNET platform to boost digital orebody knowledge across mining and energy sectors.

Carnarvon Energy has committed up to A$89 million to acquire a near 20% stake in Strike Energy, marking a strategic pivot towards Western Australia’s burgeoning gas market while maintaining strong liquidity and advancing exploration plans.

Piche Resources has secured key environmental approvals and completed significant groundwork at its Cerro Chacon Gold Project, while expanding its uranium tenements in Western Australia and planning further drilling at Sierra Cuadrada.

Bayan Mining and Minerals has initiated field exploration at its Desert Star North Project in California, targeting rare earth elements and gold near major US deposits. Assay results from initial sampling are expected soon, potentially setting the stage for further drilling.

Red Hill Minerals has revealed a significant 4-kilometre strike length of chargeability anomalies at its Anabama copper-gold target in South Australia, following a detailed Induced Polarisation survey. The findings align closely with historic drilling and set the stage for imminent drilling campaigns.

Koba Resources has issued over 11 million new shares and attached options to fund exploration at its Yarramba Uranium Project, signaling renewed momentum in its uranium ambitions.

Adavale Resources has raised $0.588 million through a strategic placement to accelerate drilling and exploration at its Parkes Gold and Copper Project, including the London Victoria Gold Mine.