Latest Drilling News

Terra Uranium Limited (ASX, T92) has agreed to acquire Dundee Resources Pty Ltd, gaining control of the Glen Eden project, the largest undeveloped tungsten-molybdenum deposit in New South Wales, backed by a $865,000 placement to fund exploration.

Blackstone Minerals has raised $22.6 million through a heavily oversubscribed placement led by Macquarie Bank, fueling a major drilling program at its Mankayan Copper-Gold Project in the Philippines. The capital raise follows a transformative merger and signals strong institutional confidence in the company’s growth strategy.

Silver Mines Limited has completed its acquisition of the Calico North Project and initiated an earn-in agreement for up to 80% of the Kramer Hills Project in California, marking a strategic expansion into a tier-one mining jurisdiction.

Carnavale Resources reports strong diamond and RC drilling results at its Kookynie Gold Project, extending mineralisation depth and strike at Swiftsure and Tiptoe lodes. An updated resource estimate and scoping study are due in September, underpinning advancing development plans.

TechGen Metals has secured a Heritage Protection Agreement with the Jaru People, unlocking exploration licence grants and enabling planned drilling at its Blue Devil copper-gold-silver project in Western Australia.

Horseshoe Metals has secured crucial Direct Shipping Ore mining approval for its Horseshoe Lights Copper-Gold Project, setting the stage for imminent production and early revenue generation from high-grade copper stockpiles.

Horseshoe Metals secures $851,000 through a share placement and converts nearly $650,000 of debt into equity, aiming to accelerate development at its Horseshoe Lights Copper-Gold Project and fund exploration across Australia.

Battery Age Minerals has successfully raised $3 million to fund maiden drilling at its Bleiberg Germanium-Zinc Project in Austria and advance exploration at the El Aguila Gold-Silver Project in Argentina, attracting new investors and reinforcing its strategic position in critical minerals.

Gorilla Gold has completed its maiden drilling at Mulwarrie and accelerated exploration at Comet Vale, aiming for significant resource upgrades in 2025. Recent drilling extends high-grade gold mineralisation, setting the stage for expanded Mineral Resource Estimates later this year.

St George Mining has launched advanced geophysical surveys at its Araxá Niobium and Rare Earths Project in Brazil, aiming to pinpoint new high-grade mineralisation zones and support ongoing drilling efforts.

Premier1 Lithium has revealed high-grade gold assay results from a newly discovered mineralised zone in the northern part of its Abbotts North Project, signalling promising exploration potential in Western Australia's Murchison region.

Enova Mining has launched a focused Phase 2 surface sampling campaign at its East Salinas project in Brazil, aiming to refine high-grade rare earth element drill targets ahead of planned drilling later this month.