Latest Drilling News

Western Yilgarn Limited announces a maiden JORC-compliant inferred mineral resource of 39.27 million tonnes at New Norcia, boosting its total bauxite portfolio to 244 million tonnes. The shallow, high-grade deposit benefits from strong infrastructure and promising metallurgical characteristics.

Nova Minerals has priced a US$11.1 million underwritten public offering on NASDAQ, aiming to boost exploration and development at its Estelle Gold and Critical Minerals Project in Alaska.

Iltani Resources has completed its JORC infill drilling program at the Orient West Silver-Indium Project in Queensland, delivering multiple high-grade assay results that confirm mineralisation continuity and set the stage for an initial JORC Resource estimate by July’s end.

Argent Minerals is fast-tracking diamond drilling and metallurgical testwork at its Kempfield Polymetallic Project to underpin a scoping study aimed at early cash flow and long-term development.

Rapid Critical Metals Limited (ASX, RCM) has unveiled a strategic acquisition of two high-grade silver projects in New South Wales and a critical metals project in British Columbia, supported by a proposed $10 million capital raise.

Verity Resources is set to begin a 3,600m drilling campaign aimed at upgrading and expanding its Monument Gold Project resource in Western Australia. The program targets the Korong deposit with the goal of moving from inferred to indicated resource status.

Aurum Resources has completed a A$35.6 million strategic placement, bolstering its cash reserves to over A$45 million and enabling accelerated development of its Boundiali and Napié gold projects in Côte d’Ivoire.

New Age Exploration Limited reports multiple high-grade gold intercepts from its maiden drilling at the Wagyu Gold Project in Western Australia, while also expanding its footprint in New Zealand’s Otago region and completing a strategic UK asset sale.

AuKing Mining has initiated a helicopter-borne aeromagnetic and radiometric survey at its Myoff Creek project in British Columbia, aiming to unlock the potential of its niobium and rare earth mineralisation.

Trek Metals has reported promising high-grade gold results from initial drilling at its Martin Prospect, part of the Christmas Creek Gold Project in Western Australia, signaling potential for a major new discovery.

APC Minerals Limited has reported promising results from a 2,628-metre RC drilling program at its Laverton Downs Gold Project, confirming a significant gold mineralisation trend along the Lancefield Gold Trend. The company plans further drilling to explore untested strike extensions and depth potential.

Many Peaks Minerals has reported robust diamond drilling results at its Ferké Gold Project in Côte d’Ivoire, confirming wider and higher-grade gold mineralisation at depth and along strike. These findings reinforce the potential for a significant bulk tonnage gold resource.