Latest Drilling News

Andean Silver has uncovered new bonanza-grade silver-gold veins near its Laguna Verde processing plant in Chile, setting the stage for a resource upgrade and feasibility studies.

Ariana Resources has unveiled significant gold mineralisation extensions at its Dokwe Gold Project in Zimbabwe, following the completion of a 5,659m RC drilling program. The results support an updated JORC resource and ongoing feasibility efforts.

Ausgold Limited has promoted Ben Stockdale from CFO to CEO and appointed Reece Olney as GM Operations, reinforcing its leadership as the Katanning Gold Project approaches a final investment decision.

Sunstone Metals has reported significant new drill results at its Bramaderos project in Ecuador, with wide gold-copper mineralised zones extending beyond the current 3.6Moz resource. The ongoing drill program is set to upgrade a large exploration target, reinforcing the project's growth potential ahead of a resource update later this year.

Medallion Metals has unveiled multiple high-grade gold-copper-silver intercepts from its Kundip Mining Centre drilling, boosting confidence in early mine plan stages before underground development begins in August 2026.

Enegex Limited has kicked off a 3,000-3,500m RC drilling campaign at its Gogo Project in Côte d’Ivoire, targeting three key zones along the Bonoubana trend. Encouraging aircore results from the AW1 and Kalama Bave prospects on the Tougbe Permit highlight multiple mineralised zones with notable gold intercepts.

Nelson Resources has staked 186 claims forming the Cinnamon Property in Nevada, next to Guardian Metal's Pilot Mountain tungsten project, positioning itself in a strategic US critical minerals district amid soaring tungsten prices and supply concerns.

Minerals 260 has significantly expanded its Bullabulling Gold Project footprint by acquiring joint venture interests over 350km2 of highly prospective tenements adjacent to its existing holdings, boosting the total project area to 1,160km2. This $7 million deal consolidates key exploration ground and adds new targets near established deposits.

Tamboran Resources has reported record gas flow rates from its Shenandoah South 6H well and secured US$188 million in a capital raise, positioning the company to deliver first gas in the Beetaloo Basin by Q3 2026.

Bayan Mining and US Critical Materials have signed a non-binding MoU to develop rare-earth processing technologies licensed from the Colorado School of Mines, targeting high-grade mineralisation at the Sheep Creek Project in Montana. The collaboration aims to support a US-based rare earth supply chain with potential strategic investment on the horizon.

Oceana Metals is launching a major drilling and re-assaying campaign at its Serra Negra Rare Earths Project in Brazil, aiming for an initial resource estimate later in 2026.

Novo Resources narrowed its Q1 2026 net loss to CAD 685K, boosted cash to CAD 10.6M following a $5.9M placement, and outlined aggressive gold and antimony drilling campaigns in Australia.