Latest Drilling News

Somerset Minerals has completed its acquisition of the Coppermine Project in Nunavut, Canada, becoming the region's largest landholder and confirming significant high-grade copper mineralisation through initial exploration.

Horizon Minerals reported steady gold output from Boorara and Phillips Find projects, generating nearly A$39 million in revenue for the June quarter, while progressing a major plant conversion study and securing $30 million in new funding.

RTG Mining has locked in a binding finance and offtake agreement with Glencore to kickstart Stage 1 of its high-grade Mabilo Copper and Gold Project in the Philippines, while advancing exploration at its Chanach project in Kyrgyzstan and progressing redevelopment talks for Panguna in Bougainville.

Metal Hawk’s initial drilling at the Leinster South Project reveals promising high-grade gold mineralisation in quartz veins at the Thylacine prospect, setting the stage for an extensive exploration campaign.

Ardiden Limited advances exploration at its Pickle Lake Gold Project in Northwest Ontario, focusing on high-potential prospects while maintaining a robust financial position with A$11.4 million in cash and no debt.

PVW Resources reports exceptional near-surface rare earth grades and strong metallurgical recoveries at its Capão Bonito project in Brazil, advancing its rare earth portfolio and refining its strategic focus.

Sun Silver Limited reports breakthrough high-grade silver-gold intercepts at Maverick Springs alongside a $30 million capital raise to accelerate exploration and development.

Tambourah Metals reports significant gold assay results extending mineralisation at Tambourah King and confirms high-grade antimony, silver, and copper at Speewah North, alongside corporate updates including a new CEO appointment and capital raising.

Siren Gold Limited reports significant progress on its New Zealand gold and antimony projects, with a mining permit decision for Sams Creek expected by year-end and ongoing drilling poised to upgrade resource classifications.

Trigg Minerals has significantly expanded its Antimony Canyon Project in Utah, defining a robust exploration target and securing $12.5 million to advance development. Strategic appointments and a processing study signal its ambition to become a key US antimony supplier.

Equinox Resources has secured A$3 million to push forward its critical mineral projects, including a high-grade titanium discovery in Brazil, while navigating a significant legal challenge over Aboriginal heritage at its Hamersley Iron Ore Project.

Latitude 66 has agreed to sell its 17.5% interest in the Greater Duchess Joint Venture for an upfront A$2 million, with potential for further contingent payments, while progressing exploration in Australia and Finland amid regulatory challenges.