Latest Drilling News

Black Cat Syndicate has inked a binding agreement to purchase up to 125,000 tonnes of ore from Auric Mining, aiming to boost gold production at its Lakewood facility starting September 2025.

Gold Mountain Limited reports promising high-grade rare earth element anomalies and new gold targets at its Varzedo Prospect in Brazil, advancing its Down Under Rare Earths Project.

Great Western Exploration has initiated a detailed ground gravity survey at its Oval and Oval South targets in Western Australia, aiming to refine the search for high-grade copper-gold VHMS mineralisation. The survey builds on promising drill results and extensive geophysical data, with findings expected by early August 2025.

Advance Metals reports robust silver-gold assay results from its maiden diamond drilling at the Yoquivo Project in Mexico, revealing mineralisation beyond previous estimates. Ongoing drilling and historic core re-sampling aim to refine resource potential.

Dreadnought Resources advances its Gifford Creek Carbonatite project with a targeted diamond drilling campaign to supply metallurgical samples amid rising commercial interest in rare earths and critical metals.

Golden Cross Resources has completed an extensive surface geochemistry sampling program at its Copper Hill project in NSW, revealing isolated copper and gold anomalies that refine exploration targets.

Australian Mines Limited reveals promising exploration outcomes from its Boa Vista Gold Project in Brazil, highlighting significant gold intercepts and a strategic earn-in agreement. The project’s open mineralisation and upcoming drilling program signal strong growth potential.

Australian Mines Limited has secured earn-in rights to the advanced Boa Vista Gold Project in Brazil’s prolific Tapajós Gold Province, aiming to earn up to an 80% stake through staged exploration and development milestones. The company also announced a $2.5 million capital raising to fund upcoming exploration activities.

Adavale Resources has intensified exploration at its Parkes Gold and Copper Project, initiating a maiden drilling campaign at London Victoria Mine while expanding prospect assessments across multiple sites.

Koba Resources has successfully raised $442,560 through its recent Entitlement Offer, issuing over 12 million new shares and 6 million options to fund exploration at its Yarramba Project.

Adavale Resources has raised $2.65 million to accelerate drilling at its Parkes Gold Project, aiming to expand the resource at the London Victoria Gold Mine and advance multiple exploration targets.

Lightning Minerals has initiated site preparations for a Phase 1 drilling campaign at the Mt Turner Gold Project in Queensland, aiming to unlock deeper gold mineralisation beneath historic pits. The move follows a recent funding boost and is part of the company’s proposed acquisition of Lotus Minerals.