Latest Drilling News

Horizon Minerals has acknowledged an unintentional breach of ASX Listing Rule 15.7 after sharing details of a $30 million placement with the media before the official market announcement.

Flagship Minerals has raised A$1.25 million through a share placement and convertible note conversions to advance the Pantanillo Gold Project towards a JORC-compliant resource. The funds will support drilling, metallurgical testing, and environmental studies aimed at unlocking the project’s significant gold inventory.

Tempest Minerals has refined and extended the gold anomaly at its Sanity Prospect within the Yalgoo Project through denser geochemical sampling, boosting confidence in a potentially large mineralised system.

OzAurum Resources has reported significant new drilling results that extend gold mineralisation by 600 metres at its Mulgabbie North project, confirming high-grade zones and unveiling fresh exploration targets.

Orbminco Limited has initiated geophysical surveys at its Bronze Fox Copper-Gold Project in Mongolia, setting the stage for a targeted drilling program in Q3 2025 focused on high-grade copper-gold zones.

Havilah Resources reports significant progress on its copper-gold-cobalt projects Kalkaroo and Mutooroo, alongside promising regional exploration and strategic funding efforts.

Verity Resources has completed aircore drilling at key gold targets within its Monument Gold Project, with assay results expected soon. The company is also progressing a resource upgrade strategy to enhance confidence and potentially expand its gold resource.

Pacgold Limited has raised $5.6 million through a two-tranche placement to accelerate drilling and exploration at its Alice River Gold Project in North Queensland, signaling strong investor confidence.

American West Metals has launched a $1 million Share Purchase Plan following a $5.9 million placement, offering shareholders a discounted opportunity to invest in its Storm Project exploration activities.

Gorilla Gold has revealed significant exploration success at its Mulwarrie Project, discovering multiple high-grade gold lodes and extending mineralisation to a 2.5km strike. The company anticipates a resource upgrade following ongoing drilling.

Equinox Resources has obtained a crucial exploration permit for its Alturas Antimony Project in British Columbia, paving the way for a comprehensive 2025 field program and potential bulk sampling. This milestone advances the company’s strategy amid rising North American demand for critical minerals.

S2 Resources reports encouraging gold-arsenic anomalies from reconnaissance drilling at its Yeungroon project in Victoria, while drilling at Glenlogan in NSW faces delays. Assays from Fosterville are awaited, underscoring a busy exploration pipeline.