Latest Drilling News

Gladiator Resources Limited reported a $703,000 net cash outflow for the December 2024 quarter, driven by exploration and evaluation expenses, yet maintains sufficient capital to fund operations into 2025.

Enova Mining has completed a pivotal drilling campaign at CODA Central, uncovering significant zones of rare earth elements and titanium mineralisation. Over 200 samples are now en route to laboratory analysis, marking a key step in the company’s resource development strategy.

Marmota Limited has completed an extensive 91-hole drilling campaign at its Muckanippie project, extending exploration westward based on promising visual heavy mineral feedback. Laboratory assays are expected within weeks, potentially confirming a significant titanium resource expansion.

Brightstar Resources has reported robust high-grade gold assay results from its underground diamond drilling at the Second Fortune Gold Mine, reinforcing the mine’s geological consistency and supporting an imminent resource update.

KGL Resources Limited has released a comprehensive feasibility study update for its Jervois Copper Project, confirming its technical robustness and financial viability with plans to commence production in 2027. The project boasts a post-tax net present value of A$405 million and aims to produce around 30,000 tonnes of copper annually, positioning itself to capitalize on a tightening global copper market.

Sarama Resources has launched its first large-scale soil geochemistry program in decades at the Cosmo Gold Project, aiming to unlock drill targets across a vast underexplored greenstone belt in Western Australia’s Laverton Gold District.

Javelin Minerals has reported exceptional high-grade gold and copper assay results from its inaugural drilling campaign at the Coogee Project in Western Australia, highlighting new mineralised shoots that could significantly enhance the project's resource base.

Caspin Resources has commenced its first reverse circulation drilling campaign at the Bygoo Tin Project in NSW, aiming to confirm and extend high-grade tin mineralisation. Initial results are expected by mid-March, marking a pivotal step in unlocking the project’s potential.

Gorilla Gold has announced the discovery of a new, high-grade gold lode north of the existing resource at its Comet Vale Project, signaling significant growth potential. Multiple drill intercepts confirm a continuous gold zone from surface, underpinning the company’s aggressive expansion strategy.

Albion Resources has uncovered multiple new priority gold targets at the Ives Find area within its recently acquired Yandal West Project in Western Australia, highlighting significant potential for high-grade gold discoveries.

Riversgold Ltd reveals a highly promising 12-kilometre gold corridor at its Tambourah project in Pilbara, with rock-chip samples grading up to 101 g/t Au. Exploration plans are underway to refine drill targets as conditions improve.

Wildcat Resources reports significant progress on the Preliminary Feasibility Study (PFS) for its Tabba Tabba Lithium Project in Western Australia, now approximately 50% complete, supported by strong metallurgical results and environmental groundwork.