Latest Drilling News

Augustus Minerals has initiated Heritage Surveys at its expansive Music Well Gold Project, clearing a critical hurdle toward starting its maiden drilling campaign in a prolific Western Australian gold belt.

Greenvale Energy has completed seven drill holes at its Oasis Uranium Project, progressing its maiden drilling program aimed at confirming historical data and exploring mineralisation extensions. Early regional sampling suggests a broader uranium system beyond the known deposit.

ADX Energy has updated its Upper Austria prospect inventory, reporting a substantial net mean prospective resource of 374 million barrels of oil equivalent and outlining near-term drilling plans focused on low-risk shallow gas and near-field oil plays.

Forrestania Resources has successfully raised $8.6 million through a placement priced at a 21.7% premium, signaling strong investor confidence as it advances multiple gold projects.

Emerald Resources NL has posted a record after-tax profit of A$87.6 million for FY25, driven by robust gold prices and steady output at its Okvau Gold Mine. The company also reported significant resource expansions at its Memot and Dingo Range projects, while achieving a debt-free status.

Far East Gold Limited has identified new gold-bearing quartz vein zones at its North Bermol prospect, extending the mineralised corridor and boosting exploration potential within the Idenburg Project.

Strike Energy has secured independent certification of substantial gas resources at its Ocean Hill project, including a newly identified large prospect, setting the stage for drilling in late 2026.

Black Canyon Limited reports some of its thickest and highest-grade manganese and iron assay results to date from the Wandanya Project, confirming significant shallow mineralisation over a 2km strike. Phase 3 drilling is underway to expand this promising discovery.

Sayona Mining reports a 124% surge in Ore Reserves at its North American Lithium operation, alongside an 8% Mineral Resource increase, reinforcing its position in the North American lithium market.

Flagship Minerals has secured a comprehensive historical exploration dataset from Anglo American for its Pantanillo Gold Project, positioning the company to fast-track resource development and potentially expand its gold inventory without immediate drilling.

Advance Metals has identified over 6,300 metres of previously unsampled drill core at its Yoquivo Silver-Gold Project, launching a new sampling campaign to unlock hidden mineralisation and update its resource model.

Matrix Composites & Engineering reported a 12% revenue decline in FY25 due to subdued drilling activity but achieved record SURF segment growth and secured a strong order book for FY26.