Latest Drilling News

Westar Resources’ June quarter report reveals intriguing molybdenum, bismuth, and tungsten anomalies at its Mageye prospect, prompting a strategic review of exploration plans amid a solid $1.2 million cash position.

Bass Oil reported steady oil production and a significant cash reserve increase in the June quarter, while strategically acquiring the Vanessa gas field to pivot towards gas production.

Investigator Resources is advancing its South Australian silver projects with planned drilling at the Athena Prospect and inaugural copper-gold drilling at Curnamona, backed by a recent $4.3 million capital raise and new leadership.

Kalgoorlie Gold Mining has secured 75% of key tenements at its Pinjin Gold Project and confirmed primary gold mineralisation beneath the Lighthorse discovery, setting the stage for its largest drilling campaign yet.

Global Uranium and Enrichment Limited has announced a maiden JORC Mineral Resource Estimate of 6.0 million pounds of U3O8 at the Maybell Uranium Project in Colorado, confirming significant high-grade uranium mineralisation and strong potential for expansion.

TMK Energy has commenced drilling its seventh pilot well at the Gurvantes XXXV Coal Seam Gas Project, reporting positive reservoir pressure tests and advancing partnerships to fast-track development.

Critica Limited reports significant progress on its Jupiter Rare Earths Project, unveiling a 95% mass reduction in beneficiation testwork and appointing a new CEO to drive development.

Javelin Minerals reports a significant 27% increase in indicated gold resources at its Eureka project, advancing plans for mining and early cash flow amid strong drilling results.

Argent Minerals has delineated multiple extensive geophysical targets at its Kempfield Deposit and confirmed bonanza-grade gold mineralisation at Trunkey Creek, extending the known strike length to 4.7km. The company remains well-funded as it advances exploration.

Impact Minerals reports a robust Preliminary Feasibility Study for its Lake Hope High Purity Alumina project, underpinned by strong economics and low production costs, while strategically acquiring a 50% stake in Alluminous Pty Ltd to fast-track market entry with HiPurA® technology.

Kingsrose Mining advances its Finnmark exploration with promising new magnetic and conductive anomalies, while BHP withdraws from Central Finland to concentrate resources. Leadership changes and a robust cash position set the stage for an active year ahead.

TG Metals Limited has confirmed promising gold grades from drilling at the Van Uden Project’s historical stockpiles, paving the way for imminent processing and near-term cash flow generation.