Latest Drilling News

Agrimin Limited has secured a large exploration package in Western Australia's West Musgrave region, acquiring the Mount Squires Project from Caspin Resources. The project offers promising gold and base metal targets along strike from BHP’s Nebo and Babel deposits.

Iluka Resources scaled back mineral sands output in Q1 2026 amid operational idling and market caution, while capital expenditure on its Eneabba rare earths refinery hit $977 million with commissioning progressing.

Asian Battery Metals has completed its acquisition of the Maikhan Uul Copper-Gold Project in Mongolia and is set to begin a 1,500-metre drilling campaign targeting gold mineralisation and feeder zones. The move complements its nearby Yambat project and signals an aggressive exploration push in 2026.

Brazilian Critical Minerals (ASX: BCM) has boosted the indicated mineral resource at its Ema rare earth project by 58%, now totalling 1.07 billion tonnes at 732 ppm TREO. This positions Ema as one of the world’s largest ionic clay rare earth deposits and the only ISR-ready project in the western world.

Ramelius Resources’ latest drilling at Dalgaranga confirms robust high-grade gold zones at Gilbey’s Underground, hinting at a new underground mine that could lift production beyond FY30 targets.

Golden State Mining Limited has reinforced its leadership and maintained disciplined exploration efforts across its Western Australian projects, holding a cash balance of $1.3 million at the end of March 2026.

South32's March quarter saw a tragic fatality at Worsley Alumina and weather disruptions, yet the miner delivered solid operational results and progressed its Hermosa zinc-lead-silver project. Production guidance was mostly maintained, with a notable revision lower for Australia Manganese due to water management issues.

Jindalee Lithium is set to list its McDermitt lithium project on NASDAQ through a US SPAC deal valuing the assets at US$571 million, while securing key US federal approvals and advancing magnesium by-product potential.

Tribune Resources completed 8,831 metres of diamond drilling in Q3 FY2026 at the East Kundana Joint Venture, reporting significant gold assay results from Golden Hind while awaiting Startrek results.

Rand Mining delivered its March 2026 quarter exploration update for the East Kundana Joint Venture, highlighting 8,831 metres of diamond drilling focused on the Golden Hind and Startrek deposits. While Golden Hind assay results confirmed ongoing mineralisation with no resource update, Startrek drilling progressed with assays awaited.

Kalamazoo Resources reported a robust cash balance of AUD 8.8 million at quarter end, underpinned by a significant equity raise that offsets ongoing exploration and administrative outflows. The company’s funding runway extends beyond three quarters, positioning it to advance its Ashburton Gold Project drilling activities.

Australian Silica Quartz Group (ASQ) is set to acquire Australian Kaolin, adding a 47Mt inferred kaolin resource at White Swan and launching a $750,000 placement to fund development. The deal hinges on shareholder approval and an Independent Expert’s fairness opinion.