Latest Drilling News

Cauldron Energy has launched a fully underwritten entitlement offer to raise nearly $2 million, aiming to advance its Yanrey Uranium Project amid growing global uranium demand and hopes for regulatory change in Western Australia.

Adavale Resources plans a significant 20:1 share consolidation to streamline its capital structure and attract institutional investors, coinciding with promising exploration progress at its Parkes Gold and Copper Project.

Dateline Resources Limited has updated its scoping study for the Colosseum Gold Project in California, incorporating a revised gold price of US$2,900/oz that significantly enhances the project's economic outlook. The study confirms robust project fundamentals and sets the stage for a Definitive Feasibility Study.

Great Boulder Resources has confirmed new gold discoveries at its Side Well South project and extended the Eaglehawk deposit by 200 metres, reinforcing the potential for resource growth at its flagship Side Well Gold Project in Western Australia.

Norwest Minerals has successfully closed a $4.85 million entitlement offer, positioning itself to advance exploration and drilling at its Bulgera gold project. The capital raise aims to unlock the potential of a 218,000-ounce gold resource.

New Age Exploration has revealed multiple high-grade gold intercepts from its maiden drilling at the Wagyu Gold Project in Western Australia, confirming a broad and open supergene mineralisation system.

Axel REE Limited has responded to ASX Compliance queries confirming the timely disclosure of its latest rare earth element drilling results at the Poços de Caldas Caldera, emphasizing the incremental nature of the findings and ongoing compliance with listing rules.

Bass Oil Limited reported steady April production and a strategic acquisition of the Vanessa gas field, positioning itself for future gas market entry.

Australian Rare Earths Limited has identified a uranium roll front gamma signature at its Overland Uranium Project, confirming an ISR amenable sedimentary uranium setting and setting the stage for expanded drilling in July 2025.

State Gas Limited faces a land access blockade at its Rolleston West Project, prompting legal action to resume critical drilling operations. The dispute threatens to delay progress on promising coal seam gas assets in Queensland's Bowen Basin.

Horseshoe Metals is close to completing infrastructure upgrades at its Horseshoe Lights project, setting the stage for imminent copper Direct Shipping Ore operations and gold processing activities.

Flynn Gold has confirmed a significant new quartz vein system at its Grenadier Prospect in Tasmania, with high-grade gold assays and a 10-tonne bulk sample collected for metallurgical testing. Drilling approvals are now in place to further explore this promising greenfield discovery.