Latest Drilling News

Brightstar Resources has given the green light to its Goldfields Project, commencing construction of a 1.5Mtpa processing plant at Laverton. First gold production is slated for June 2027, backed by full funding and regulatory approvals.

Lithium Energy is selling its Queensland graphite projects for $20 million to M Battery Materials, which plans an ASX listing focused on battery minerals. Shareholders may receive MBM shares in-specie, gaining direct exposure to a growing battery materials platform.

Strickland Metals has expanded the Gradina Deposit's inferred gold resource by 600,000 ounces, pushing the Rogozna Project's total resource to 9.24 million ounces gold equivalent and reinforcing its Tier-1 status.

FMR Resources has reported strong copper and gold assays from rock chip sampling at its La Lorena Project in Chile, highlighting a potentially large hydrothermal system with multiple mineralisation styles and no prior modern drilling.

Beacon Minerals has wrapped up its FY2026 drilling at the Iguana Deposit, delivering high-grade gold assays that suggest the deposit is larger and richer than previously estimated.

Great Northern Minerals has significantly enlarged its Iron Butte Gold-Silver Project in Nevada by staking 46 additional lode claims covering around 950 acres. The new ground shows promising geological and geochemical signatures, setting the stage for imminent resource estimation and drilling.

Meeka Metals is transitioning to underground mining at its Murchison Gold Project, with capital investment tapering and exploration drilling underway to support resource growth and production expansion.

Solis Minerals is poised to launch diamond drilling at its Mandacaru lithium prospect in Brazil this June, backed by robust geochemical data and expert technical support. Meanwhile, its Cinto Copper Project in Peru has secured final drilling approvals, marking a significant step in the company’s 2026 exploration campaign.

Metal Bank has taken a significant step toward production at its Seven Leaders gold deposit by signing a non-binding MOU with Terra Mining for contract mining and crushing services, targeting a Q4 2026 start.

DeSoto Resources has wrapped up a large-scale Bulk Leach Extractable Gold (BLEG) stream sediment sampling program across six projects in Guinea’s prolific Siguiri Basin, with 143 samples now awaiting assay results.

American Uranium’s early infill drilling at Lo Herma confirms robust uranium mineralisation continuity in Mine Unit 1, setting the stage for a resource upgrade and scoping study in Q3 2026.

Alice Queen Limited has appointed Adrian Hell as Exploration Manager to leverage his deep knowledge of Horn Island and fast-track a multi-phase drilling campaign aimed at expanding a 524,000-ounce gold resource.