Latest Drilling News

Aureka Limited has announced a maiden inferred JORC Mineral Resource for its Comstock Prospect in Victoria, boosting its global gold inventory by 19% to over 360,000 ounces. The company is actively drilling to expand this resource amid a favourable gold price environment.

Connected Minerals Ltd has reported promising uranium grades from its inaugural drilling campaign at the Etango North-East Uranium Project in Namibia, with 14 of 15 holes yielding economic mineralisation. These results echo historical successes nearby and set the stage for an expanded exploration program.

Copper Search Ltd has identified promising heavy mineral sands rich in zircon and titanium minerals at its Peake Project in South Australia, signaling a strategic expansion beyond copper exploration. The company has engaged renowned expert Ian Warland and applied for a new tenement to advance this low-cost opportunity.

Terra Uranium has completed key airborne geophysics surveys and is gearing up for a coordinated 2025 drilling campaign on its Athabasca Basin projects, positioning itself to benefit from a strengthening uranium market.

Mt Malcolm Mines reports promising drilling results at Golden Crown and prepares for an infill program at Dumbarton, aiming to establish maiden resource estimates and advance towards production.

Alma Metals has announced a pro-rata non-renounceable rights offer to raise approximately $1.06 million, aiming to fund critical drilling and a scoping study at its Briggs Copper Project in Queensland.

Noble Helium has secured significant cost savings by negotiating the removal of the Marriott rig from Tanzania at no economic risk, while preparing a leaner drilling approach with the BorExpert rig.

Patriot Resources has successfully raised $2.2 million through an oversubscribed share placement, signaling strong investor confidence as it advances exploration in Zambia and other projects.

Nimy Resources has identified a new outcropping chlorite schist 480 metres east of its initial gallium discovery at Block 3, prompting an accelerated drilling program to explore this promising extension.

Nordic Resources has completed a A$3.5 million institutional placement at a premium, bolstering its cash position to approximately A$6 million to advance three Finnish gold projects. The company also announces the appointment of renowned geologist Malcolm Norris as chairman, signaling a strategic push towards development.

Horizon Minerals has raised A$30 million through a two-tranche share placement, strengthening its balance sheet to fast-track exploration and processing upgrades. The capital injection aims to boost resource drilling and refurbish the Black Swan plant ahead of increased gold production.

Zenith Minerals advances its Split Rocks Project with the discovery of new regional shear structures and encouraging gold results from initial drilling at the Fuego prospect, signaling untapped potential beyond its flagship Dulcie Far North site.