Latest Drilling News

Ardiden Limited has announced the recommencement of exploration at its Pickle Lake Gold Project in Ontario, targeting untested high-potential zones within the South Limb prospect. The winter program aims to leverage modern survey techniques to prioritize drill targets and advance the company’s resource base.

Kuniko Limited has launched a partially underwritten rights issue to fund exploration at its Commonwealth Gold-Silver Project in New South Wales, aiming to capitalise on high-grade multi-metal potential in a Tier-1 jurisdiction.

Asra Minerals has raised $3.25 million to fast-track exploration at its Leonora Gold Projects in Western Australia, targeting high-grade zones and new prospects.

Resolution Minerals has completed initial drilling at its Horse Heaven Project in Idaho, revealing visible tungsten mineralisation alongside gold and silver. The company’s maiden drill program aims to expand the known mineral footprint with assays pending.

Krakatoa Resources has deployed a second drill rig at its Zopkhito antimony-gold project in Georgia, accelerating efforts to convert historical resource estimates into a JORC-compliant Mineral Resource.

Red Mountain Mining reports impressive gold assay results reaching 25.1 grams per tonne at its Fry Lake project in Ontario, reinforcing the prospect's potential and setting the stage for targeted drilling.

PolarX has raised $5 million through a share placement to ramp up exploration at its Humboldt Range Gold Project in Nevada, complementing a major joint venture with Northern Star Resources in Alaska.

M3 Mining Limited has raised $2.25 million through a share placement to fund exploration at its Victorian projects and pursue strategic acquisitions, signaling a renewed focus under new leadership.

West Wits Mining has secured a $12.5 million USD loan facility from Nebari to fast-track development of its Qala Shallows Gold Project in South Africa, aiming for first gold production in early 2026.

Coda Minerals has announced a fully underwritten $8.33 million entitlement offer to fund the pre-feasibility study of its Elizabeth Creek Copper-Silver Project, offering shareholders a discounted entry price with attaching options.

Lode Resources reports exceptional high-grade antimony and silver drill results from its Montezuma Project in Tasmania, including the deepest mineralised intercept to date at 220m. These findings bolster the potential for a significant bulk tonnage resource amid soaring metal prices.

Beacon Minerals has reported robust assay results from its Stage 2 drilling at the Iguana Deposit, revealing multiple high-grade gold intersections and promising depth extensions in the Northwest Corridor.