Latest Drilling News

Galilee Energy has secured a fixed-price drilling rig contract for its Zydeco-1 well in Louisiana, confirming a July 2026 spud date and reducing cost and scheduling risks ahead of a key Gulf Coast gas-condensate project.

Manuka Resources has locked in an underwriting deal to cover the exercise of over 11 million options, aiming to raise approximately $2.5 million through a share issuance expected by late May.

Rumble Resources and AIC Mines have agreed to sell their combined 100% interest in the Lamil Project to Aventine Resources for A$1.1 million plus royalties, as Rumble sharpens focus on core assets.

Haranga Resources has wrapped up its underground drilling at the Lincoln Gold Project, delivering standout high-grade assays and setting the stage for a maiden JORC Mineral Resource Estimate next week.

GoldArc Resources has locked in A$7.2 million through a placement to fast-track exploration along the largely untested 9km Ursus Fault corridor at Leonora North, aiming to expand its 152,000-ounce resource and advance production plans.

Classic Minerals has restated its 80% beneficial interest in the Forrestania Gold Project, emphasizing that recent acquisitions by Forrestania Resources do not affect its rights, which remain protected amid ongoing Supreme Court litigation.

Maronan Metals has reported robust assay results from its 2025 infill drilling, revealing significant shallow copper-gold and silver-lead mineralisation that could boost early mining inventory. A revised boxcut design also promises to cut excavation volumes substantially.

Viridis Mining has delivered strong infill drilling results at its Colossus Rare Earth Project, boosting resource confidence and underpinning an imminent resource and reserve upgrade ahead of a Final Investment Decision in Q3 2026.

Kincora Copper has accelerated exploration across its Australian and Mongolian assets, leveraging new AI and quantum technology partnerships alongside partner-funded drilling, while reporting a modest net income and a strong cash position in Q1 2026.

Aldoro Resources has reported its longest continuous mineralised intercept at the Kameelburg project in Namibia, delivering 503.98 metres at 1.30% TREO and confirming robust multi-commodity mineralisation on the eastern flank of the carbonatite.

Mammoth Minerals delivers multiple high-grade gold, silver, and critical minerals assays at Blue Dick while progressing a maiden resource estimate at the adjacent Buster Gold Trend in Nevada.

Australian Oil Company Limited has completed its first crude oil lifting from the Emu Apple Oil Field, marking a key step in its Surat Basin development with steady production and active exploration underway.