Latest Drilling News

Bryah Resources Limited reported steady progress in its Bryah Basin manganese and copper-gold projects during the December 2024 quarter, while facing a notable decline in cash reserves and signaling plans for capital raising.

Perpetual Resources reports significant assay results confirming ultra-high grade spodumene at its Isabella Lithium Project and initiates metallurgical testing at the Raptor Rare Earth Project, backed by a strategic MOU with Minas Gerais government and a $1 million capital raise.

ENRG Elements Limited has renewed key uranium exploration permits in Niger and reported outstanding trenching assay results, while securing $2.2 million in new funding to advance its projects.

Kalamazoo Resources reports robust assay results from its Ashburton Gold Project and secures $1.13 million in capital to fuel ongoing exploration across Western Australia and Victoria.

Caspin Resources has completed its acquisition of the Bygoo Tin Project in NSW and is set to begin a significant drilling campaign, backed by a recent $1.6 million capital raise.

Pacgold Limited reports promising high-grade gold anomalies from a major aircore drilling campaign at its Alice River Gold Project, alongside strategic board appointments and a successful Share Purchase Plan to fuel further exploration.

Trinex Minerals has made significant progress at its Dudley Lithium Project on Kangaroo Island, securing key landowner agreements and completing a large soil sampling program that revealed multiple lithium anomalies. The company plans to commence drilling in March 2025, marking a pivotal step in its exploration strategy.

Meeka Metals has responded to an ASX query regarding the timing and nature of its recent cleansing notice, confirming that the drilling results reinforce existing mineral resources without revealing new discoveries.

Lunnon Metals has confirmed high-grade, near-surface gold mineralisation at its Lady Herial prospect and secured a strong cash position of $19.5 million, setting the stage for expanded exploration in 2025.

Terrain Minerals reports encouraging early drilling results at its Wildflower Gold Project, progresses metallurgical studies at Larins Lane Gallium Project, and initiates nickel-copper drilling at Lort River, backed by a $450,000 strategic placement.

Southern Cross Gold Consolidated Ltd has completed its acquisition of Southern Cross Gold Ltd, issuing over 125 million shares and announcing key board changes. The move positions the company to advance the high-potential Sunday Creek Gold-Antimony Project amid a strengthened leadership team.

Invictus Energy has completed a key legal review and secured $12 million in funding, setting the stage for expanded drilling and development in Zimbabwe's Cabora Bassa Basin.