Latest Drilling News

Peak Minerals reports a significant expansion of heavy mineral zones at its Minta Rutile Project in Cameroon, with consistent rutile mineralisation confirmed across a vast 1,500 square kilometres. The company advances toward a maiden Mineral Resource Estimate in 2026, supported by promising alluvial and residual assay results.

Olympio Metals has raised $1.6 million through a share placement and director subscription to fund ongoing drilling at its promising Bousquet Gold Project and nearby Dufay Copper-Gold Project in Quebec, Canada.

Enterprise Metals Ltd is set to raise approximately $780,000 through a share placement aimed at advancing drilling activities across its key Western Australian projects.

Ark Mines has awarded a contract for a 2,500m drilling campaign at its Sandy Mitchell project, aiming to significantly expand its rare earth mineral resource ahead of a key feasibility study.

Legacy Minerals has acquired exploration rights to the Nico Young nickel-cobalt deposit in NSW, boasting one of Australia’s largest contained resources with significant strategic potential amid current market lows.

Emperor Energy secures independent validation of its Judith Gas Field resources, boosting unrisked prospective volumes to 1.86 trillion cubic feet and setting sights on a mid-2026 appraisal well to advance development.

Golden Horse Minerals has acquired full ownership of the Sorrel Copper Project from NT Minerals for $3 million, gaining significant copper exposure in a Tier-1 jurisdiction. The acquisition replaces a prior earn-in option and positions Golden Horse for resource growth amid rising copper demand.

Magmatic Resources has completed the first stage of acquiring the Weebo Gold Project in Western Australia, securing key exploration licenses and gearing up for immediate drilling programs.

Investigator Resources appoints Lachlan Wallace as Managing Director and secures $4.3 million to accelerate exploration at the Paris Silver Project and beyond.

Lode Resources has reported impressive high-grade antimony and silver intercepts from its ongoing drilling program at the Montezuma Project in Tasmania, revealing new lodes and extending mineralisation.

IRIS Metals has expanded its lithium exploration footprint in South Dakota by acquiring the 752-hectare Tin Mountain Extension, advancing its position as a leading US lithium explorer. Phase II drilling is underway, with assay results and a maiden resource estimate expected by late 2025.

Red Mountain Mining has successfully raised $0.65 million through a heavily oversubscribed placement, enabling accelerated exploration at its Armidale Antimony-Gold Project and other gold assets in Australia and Canada.