Latest Drilling News

Zimplats reported a decline in mining volumes and metal output for Q3 FY2025, alongside a rise in operating costs, while advancing key capital projects on schedule.

Mt Malcolm Mines NL reports strong Q1 2025 progress with high-grade gold recoveries and significant revenue from its Golden Crown Prospect bulk sampling program.

Magmatic Resources has reported significant progress in its Myall Project joint venture with Fortescue, including promising copper-gold mineralisation at the Calais prospect and ongoing drilling across multiple targets. The company maintains a strong cash position as it advances exploration in NSW.

Orpheus Uranium Limited has fortified its Australian uranium portfolio by acquiring the Pirie Basin Project and raising $1.25 million to fund upcoming exploration, positioning itself strongly in key uranium provinces.

Moab Minerals reports robust uranium mineralisation from its Manyoni Project in Tanzania and progresses exploration in Colorado’s Uravan Belt, supported by a recent $500k capital raise.

Pantera Lithium has identified six high-priority drilling locations for its Smackover Lithium Brine Project, supported by promising Arkansas legislation offering fiscal and regulatory incentives that could reshape the project's economics.

Far Northern Resources has secured approval for a major drilling program at Bridge Creek and submitted a renewal for its Empire mining lease, maintaining a robust cash position after modest exploration spending in Q1 2025.

Estrella Resources is set to commence the first-ever minerals drilling program in Timor-Leste, backed by strong manganese assay results and a recent $3.75 million capital raise. The company has secured key environmental approvals and community support, positioning itself at the forefront of exploration in this emerging jurisdiction.

Core Energy Minerals has expanded its uranium portfolio with key South Australian acquisitions and secured $3.7 million in funding, setting the stage for maiden drilling at the Cummins Project.

Chilwa Minerals advances its critical minerals exploration with over 3,000 metres drilled at key deposits, a strategic assay lab shift to South Africa, and expanded local lab operations to support growing activity.

Thor Energy PLC has fast-tracked exploration activities at its newly acquired South Australian hydrogen and helium licence following a promising independent resource assessment. The company reported a net cash outflow but maintains a solid cash position to support upcoming work.

Tribune Resources delivered steady gold output and continued underground development in the March 2025 quarter, while improving cost efficiency and maintaining positive cash flow. Exploration drilling at key prospects promises potential resource upgrades ahead.