Latest Drilling News

Taiton Resources has completed significant soil sampling at its Challenger West and Highway projects, targeting gold and rare earth elements, with assay results pending. The company maintains a stable financial position supported by a loan facility, positioning it for continued exploration.

Western Yilgarn NL has significantly expanded its bauxite portfolio with the acquisition of the Cardea projects, lifting its total JORC bauxite resources to 188 million tonnes, while also securing a promising new gold project in Western Australia’s Gascoyne region.

Olympio Metals reports promising visible gold intersections at its Bousquet Gold Project and extensive copper mineralisation at Dufay, backed by a $1.5 million capital raise to advance exploration.

Manhattan Corporation reports progress on its planned acquisition of the Hook Lake Project in Nunavut alongside promising high-grade gold drilling results at Tibooburra and ongoing lithium exploration in Nova Scotia.

Rand Mining Ltd reports a solid increase in the East Kundana Joint Venture’s mineral resources and ore reserves for 2024, reflecting updated gold price assumptions and operational cost reviews.

Pure Resources Limited has advanced its Reedy Creek Garnet Project through a strategic alliance with SSH Group Ltd, alongside board changes and promising metallurgical results that underpin commercial potential.

Alchemy Resources has made significant strides in its June quarter exploration, identifying major lithium targets at Karonie and acquiring full iron ore rights at Bryah, while advancing base metals exploration in NSW.

Asian Battery Metals has confirmed significant extensions of massive sulphide zones and high-grade mineralisation at its Oval Cu-Ni-PGE discovery in Mongolia, setting the stage for follow-up drilling and metallurgical testing in the coming quarter.

Zimplats reported a 14% rise in mined volumes and a 21% increase in final metal output year-on-year, alongside a 20% drop in cash costs per ounce, driven by operational gains and smelter expansion.

Albion Resources has kicked off its first reverse circulation drilling at the Yandal West Project, hitting gold in every hole at the Collavilla prospect, including a standout 11m at 20.0g/t Au. The company is well-funded and advancing exploration with promising early results.

First Au Limited has consolidated its flagship Victorian Goldfields Project with 100% ownership and is aggressively advancing its Nimba Gold Project in Liberia, supported by a $1.5 million capital raise and new drilling programs.

Mindax Limited strengthens its position in Western Australia's Mid-West iron ore sector with a strategic investment in Cashmere Iron and an option to acquire full ownership of the Mt Forrest project.