Latest Drilling News

Strategic Energy Resources has kicked off a 1,500-metre diamond drilling campaign at its Isa North Copper-Gold Project in Queensland, targeting two promising IOCG anomalies identified through advanced geophysical surveys.

Variscan Mines has completed a detailed 3D laser survey at its Udías Mine, revealing extensive under-explored zones and confirming a geological connection to the San Jose Mine. This breakthrough supports ongoing drilling and promises to enhance future resource estimates and mine planning.

Zeotech Limited has successfully raised $13 million through a strongly supported placement, positioning the company to advance mining operations at its Toondoon Kaolin Project and progress its AusPozz™ feasibility study.

Bellavista Resources reports promising initial bioleaching results from its Brumby Project, confirming recovery of key critical minerals and advancing plans for bulk sample testing.

Aguia Resources has responded to an ASX price query following a dramatic surge in its share price, confirming no new material exploration results have been received or withheld. The company asserts full compliance with continuous disclosure obligations despite market speculation.

Aurum Resources has reported exceptional high-grade gold intercepts at its Boundiali Gold Project in Côte d’Ivoire, including a standout 1m at 152.35 g/t gold. The company is expanding its drilling fleet and advancing towards major resource updates and a pre-feasibility study.

Caspin Resources has successfully raised $4.5 million through a heavily oversubscribed equity placement, positioning the company to advance drilling at its Weethalle Gold and Bygoo Tin projects in New South Wales.

Rapid Critical Metals has agreed to acquire the high-grade Webbs Consol Silver Project from Lode Resources, significantly boosting its silver resource base and market presence.

Rimfire Pacific Mining is set to begin a fully funded 24-hole drilling campaign at its Rabbit Trap Scandium Project in central New South Wales, targeting promising laterite-hosted scandium mineralisation.

Redcastle Resources and BML advance their strategic gold joint venture with key studies completed and mining proposal submission expected by late 2025, targeting initial production in early 2026.

Metal Bank Limited has signed a binding agreement to acquire key gold assets from Hastings Technology Metals, marking a significant expansion of its Western Australian portfolio. Drilling has already commenced at the Whiteheads Project’s Seven Leaders prospect, signaling early progress.

Gold Mountain Limited has announced a fully underwritten $1.5 million entitlement offer alongside a $2 million placement to accelerate exploration activities in Brazil and Papua New Guinea. The capital raising, discounted by 40% to recent share prices, is underwritten by major shareholder José Luis Manzano, who may increase his stake to nearly 20%.