Latest Drilling News

GoldArc Resources has delivered a fresh batch of RC drilling assays from Mt Stirling, reinforcing the presence of consistent high-grade gold shoots and broad mineralised zones in the central sector. The partner-funded program, now 38% complete, is shaping mine planning for potential open-pit development.

Magmatic Resources has kicked off an extensive Phase 3 drilling campaign at its Weebo Gold Project, targeting extensions of gold mineralisation and high-grade shoots beneath shallow supergene zones in Western Australia's Eastern Goldfields.

Vita Resources has uncovered multiple large gold in soil anomalies at its Ninnis Gold Project in WA, prompting an expanded drilling program targeting key fault zones.

Helios Energy Ltd has secured $1.51 million through a share placement priced at $0.003 each, while extinguishing $100,000 of convertible note debt by issuing shares to noteholders. The capital boost aims to support working capital as the company advances its Texas oil projects.

HyTerra Ltd has issued 290 million shares through a non-renounceable rights issue, raising $4.07 million, falling short of its $7 million target and leaving a sizeable shortfall of over 209 million shares.

Ballard Mining's March quarter update reveals a robust 1.2 million ounce gold resource at Mt Ida and a healthy $75.6 million cash position, setting the stage for a Final Investment Decision in H1 2027.

Orion Minerals has delivered a standout high-grade copper intercept at its Flat Mine East prospect, reinforcing the Okiep Copper Project's substantial growth prospects and ongoing resource optimisation plans.

OZZ Resources plans to acquire a nickel-copper-cobalt project in Western Australia’s Murchison region, aiming to raise up to $5 million to fund exploration and return to ASX listing.

ACDC Metals has opened a non-renounceable entitlement offer aiming to raise $1.56 million through new shares priced at 5 cents each, accompanied by free attaching options exercisable at 7.5 cents within two years.

OD6 Metals is progressing its acquisition option for the Quinn Fluorspar Project in Nevada, a high-grade fluorspar asset poised to address the United States' complete import reliance on this critical mineral vital to semiconductor, battery, and defense sectors.

Stelar Metals (ASX:SLB) is accelerating exploration at its Hill of Leaders Tungsten Project in the Northern Territory, aiming to capitalise on soaring tungsten prices and critical mineral demand driven by Chinese export restrictions.

Gibb River Diamonds has released the results of its initial aircore drilling program at the Edjudina Gold Project, revealing gold mineralisation of lower than expected grades but confirming key target geology. Inclement weather cut the program short, prompting a follow-up Phase 2 drilling campaign.