Latest Drilling News

Warriedar Resources has reported strong assay results from diamond drill hole RDRC069 at its Ricciardo deposit, confirming extended high-grade gold and antimony mineralisation. These findings reinforce the deposit’s growth potential within Australia’s largest open-pit antimony resource.

Power Minerals’ maiden drillhole at the Santa Anna Project in Brazil reveals significant niobium and rare earth element mineralisation at depths far beyond previous drilling, boosting the project’s resource potential.

Miramar Resources has initiated reverse circulation drilling at the 8 Mile target within its Gidji JV Project, aiming to explore northern extensions of the adjacent 8-Mile Dam gold deposit. Supported by a drill-for-equity deal, this campaign could redefine the gold potential near Kalgoorlie.

Belararox Limited is set to begin drilling four priority copper targets in its Kalahari Copper Project this August, following extensive geological and geophysical surveys. The move marks a significant step forward in exploring a highly prospective region of the Kalahari Copper Belt.

Castle Minerals’ recent drilling at the Kandia Gold Project in Ghana reveals well-defined gold mineralisation extending to 150 metres depth, underpinning a promising multi-deposit corridor. Follow-up exploration is set to expand these findings across the prospective Wa East tenure.

Yandal Resources reports promising initial assay results from its extensive Caladan air-core drilling program, revealing continuous gold mineralisation over more than 800 metres at the Arrakis Prospect. These findings bolster the prospect’s geological potential within the Yandal Greenstone Belt.

Critical Resources Limited has launched a detailed soil-geochemistry survey at its Amoco Gold-Antimony Project in NSW, aiming to sharpen drill targets ahead of planned maiden drilling. Assay results are expected by late August, marking a significant step in advancing exploration within a prolific regional corridor.

Southern Palladium’s Optimised Prefeasibility Study reveals a $857 million project valuation and a 38% cut in peak capital expenditure through a staged development plan for its Bengwenyama PGM project in South Africa.

Black Cat Syndicate has significantly expanded its Paulsens Gold Operation tenure by acquiring three new tenements near the Big Sarah prospect, revealing extensive gold-bearing vein corridors. With high-grade historical and recent assay results, the company is poised to advance drilling plans in the coming quarter.

Sarama Resources has successfully closed the first tranche of a A$2.7 million equity placement to fund exploration at its Cosmo Gold Project and support ongoing arbitration efforts. The second tranche, involving options and director participation, awaits shareholder approval.

FMR Resources has refined its exploration targets at the Southern Porphyry within Chile’s Llahuin Project, confirming surface indications of a copper system and gearing up for drilling in late 2025.

Emperor Energy has raised $3.7 million through a share placement to advance the Judith-2 appraisal well in Victoria’s Gippsland Basin, backed by independent resource validation and strategic infrastructure proximity.