Latest Drilling News

Helix Resources has secured $668,286 through a placement of over 534 million shares at $0.00125 each, aiming to fund its copper and gold projects across Arizona and New South Wales.

Challenger Gold's Pre-Feasibility Study for the Hualilan Project delivers a robust US$1.45 billion pre-tax NPV, 1.84 million ounces gold equivalent production, and a low upfront capital strategy.

PLC Resources has secured A$1.8 million through a share placement to fund expanded drilling and exploration at its Yalgoo and Abbotts North gold projects in Western Australia, marking a key step in advancing resource potential.

Enova Mining has engaged renowned Brazilian rare earth specialist Alexandre da Rocha to accelerate development of its East Salinas ionic adsorption clay project, following promising high-grade drilling results.

MB Gold has completed a heritage survey at its Razorback Prospect with Nyamal Traditional Owners and terminated a 0.75% net smelter royalty by issuing shares to First Au, paving the way for a planned 6,000-metre drill campaign in late 2026.

Scorpion Minerals has secured a $2 million option agreement with Andel Resources, granting exclusive rights to mine and process gold from the Old Prospect tenements, marking a pivotal step from exploration to production.

Augustus Minerals has raised $2.5 million through a share placement to fast-track drilling at its flagship Music Well project and advance exploration across its Western Australian and Papua New Guinea assets.

Cauldron Energy has acquired five new tenements at its Yanrey Uranium Project, significantly enlarging its landholding around Paladin Energy’s Manyingee deposit and setting the stage for a major 2026 drilling campaign.

Albright Metals has secured 4 million shares in Star Minerals following the start of mining at Tumblegum South, unlocking $212,000 in liquid assets to support its Canadian gold and antimony projects.

Reach Resources has locked in a binding option with Andel Resources that fully funds mining and processing at Murchison South, with a profit-sharing model and a strategic equity investment.

Viking Mines has cleared the final federal regulatory hurdle to commence its maiden drilling campaign at the Linka Tungsten Project in Nevada, positioning itself in the strategically critical US tungsten market.

Legacy Minerals leverages AI to pinpoint 38 new gold-silver-copper targets at Mt Carrington, advancing exploration beyond its 115Moz silver equivalent resource with imminent drilling at Emu Prospect.