Latest Drilling News

Tamboran Resources has successfully closed the first tranche of its PIPE, raising US$38.7 million to advance its Beetaloo Basin projects, with a second tranche pending shareholder approval.

Arcadia Minerals' recent stream sediment sampling across Namibia's Tantalite Valley Complex reveals promising new areas rich in nickel, copper, lithium, and precious metals, expanding the project's exploration potential.

Horizon Minerals has acknowledged an unintentional breach of ASX Listing Rule 15.7 after sharing details of a $30 million placement with the media before the official market announcement.

Flagship Minerals has raised A$1.25 million through a share placement and convertible note conversions to advance the Pantanillo Gold Project towards a JORC-compliant resource. The funds will support drilling, metallurgical testing, and environmental studies aimed at unlocking the project’s significant gold inventory.

Tempest Minerals has refined and extended the gold anomaly at its Sanity Prospect within the Yalgoo Project through denser geochemical sampling, boosting confidence in a potentially large mineralised system.

OzAurum Resources has reported significant new drilling results that extend gold mineralisation by 600 metres at its Mulgabbie North project, confirming high-grade zones and unveiling fresh exploration targets.

Orbminco Limited has initiated geophysical surveys at its Bronze Fox Copper-Gold Project in Mongolia, setting the stage for a targeted drilling program in Q3 2025 focused on high-grade copper-gold zones.

Havilah Resources reports significant progress on its copper-gold-cobalt projects Kalkaroo and Mutooroo, alongside promising regional exploration and strategic funding efforts.

Verity Resources has completed aircore drilling at key gold targets within its Monument Gold Project, with assay results expected soon. The company is also progressing a resource upgrade strategy to enhance confidence and potentially expand its gold resource.

Pacgold Limited has raised $5.6 million through a two-tranche placement to accelerate drilling and exploration at its Alice River Gold Project in North Queensland, signaling strong investor confidence.

American West Metals has launched a $1 million Share Purchase Plan following a $5.9 million placement, offering shareholders a discounted opportunity to invest in its Storm Project exploration activities.

Gorilla Gold has revealed significant exploration success at its Mulwarrie Project, discovering multiple high-grade gold lodes and extending mineralisation to a 2.5km strike. The company anticipates a resource upgrade following ongoing drilling.