Latest Drilling News

Lindian Resources has launched a significant Stage 2 drilling program at its Kangankunde Rare Earths Project in Malawi, aiming to upgrade resource confidence and expand production capacity. The initiative targets converting up to 40 million tonnes of inferred resources to indicated status, underpinning plans to increase ore throughput and monazite concentrate output.

Pantera Minerals has completed its inaugural modern geochemical sampling program at the Gilham Silver-Antimony Project in Arkansas, uncovering new geological insights and setting the stage for drilling. The company maintains a disciplined capital approach amid rising silver prices.

Novo Resources has significantly expanded the exploration target at its Belltopper Gold Project in Victoria, incorporating new reef discoveries and extensions that increase potential gold ounces by up to 54%. The company plans drilling in the second half of 2026 to further validate these promising findings.

Grand Gulf Energy’s initial fieldwork at its Dry Wash Antimony Project in Utah reveals visible stibnite mineralisation, hinting at promising shallow deposits linked to nearby known mineral systems.

FMR Resources has reported encouraging initial assay results from its Goshen drilling at the Fairfield Copper Project in Canada, confirming a mineralised copper system open in multiple directions. Further assays and integrated geophysical analysis are underway to refine exploration targets.

Axel REE Limited reports breakthrough metallurgical test results from its Caladão Project in Brazil, achieving over 96% recovery of magnetic rare earth oxides using hydrochloric acid leaching. This milestone supports a dual-path development strategy combining low-cost in situ recovery with a longer-term acid leach option.

St Barbara Limited has expanded its Nova Scotia exploration portfolio with 44 new targets near its 15-Mile Processing Hub, aiming to extend the mine life beyond 11 years. The company has acquired 174 exploration licences and plans extensive drilling and sampling in 2026.

Exultant Mining has identified a major multi-element soil anomaly at its Peak View prospect in New South Wales, revealing a 900-metre strike length with strong signatures of copper, lead, zinc, silver, and gold. This discovery sets the stage for targeted geophysical surveys and a drilling campaign planned for late Q1 2026.

Encounter Resources is set to launch a major 2026 exploration program at its Jessica Copper Project in the Northern Territory, partnering with South32 to test multiple high-potential copper targets identified through recent geophysical surveys.

Killi Resources has identified a significant gold-copper-molybdenum geochemical anomaly at its Mt Rawdon West Project in Queensland, marking a key milestone with new high-priority drill targets.

Everest Metals Corporation is progressing rapidly with near-term gold production at its Mt Dimer Taipan and Revere Gold projects while simultaneously developing Australia’s first rubidium industry at Mt Edon. The company reports strong resource upgrades, ongoing mining, and promising pilot plant plans for critical minerals.

Cosmo Metals Limited has announced a fully underwritten entitlement offer to raise approximately $1.55 million, aimed at advancing drilling and exploration across its key gold and base metals projects. The offer includes new shares and attaching options, with funds earmarked for multiple projects in Western Australia and New South Wales.