Latest Drilling News

Metro Mining’s latest update reveals a decline in Ore Reserves and Resources at Bauxite Hills Mine due to 2024 mining activity, with no new exploration additions. The company plans a significant capital expansion to boost production capacity.

Terrain Minerals has kicked off a 3,350-meter drilling campaign at its Lightning and Monza prospects, aiming to expand on recent high-grade gold and silver discoveries. Concurrently, the company has opened a $1.8 million rights issue to fund ongoing exploration and development.

Waratah Minerals has mobilised a third drill rig to its Spur Gold-Copper Project in New South Wales, targeting high-priority porphyry copper-gold zones and expanding exploration along the Spur Gold Corridor.

Axel REE Limited's latest auger drilling results from Brazil's Poços de Caldas Caldera reveal significant high-grade rare earth mineralisation, expanding the footprint of its Caldas Project and underscoring its potential in the critical minerals sector.

Aguia Resources has initiated a 25-hole diamond drilling campaign at its Santa Barbara Gold Project in Colombia, aiming to define a maiden JORC resource and explore extensive vein systems.

Riversgold Limited reports metallurgical tests confirming over 90% gold recovery at its Northern Zone project near Kalgoorlie, alongside promising drilling results that pave the way for a maiden resource estimate.

Mithril Silver and Gold Limited reports a significant maiden drill intercept at its Copalquin project in Mexico, revealing high-grade gold and silver mineralization at the Target 2 area. The company advances multiple exploration fronts, underscoring the district’s growing potential.

Thunderbird Resources has confirmed significant high-grade gold, antimony, and silver mineralisation at its Rockvale and Kookabookra projects in New South Wales, setting the stage for targeted drilling later this year.

Breakthrough Minerals has resolved a critical regulatory issue allowing the Errolls Gold Project acquisition to proceed, with drilling set to begin next quarter targeting high-grade gold extensions.

Many Peaks Minerals reports promising diamond drilling results at its Ferké Gold Project, revealing expanding high-grade gold mineralisation and prompting accelerated exploration efforts.

Sayona Mining reports solid FY25 operational gains and outlines strategic merger progress with Piedmont Lithium, positioning itself as a leading North American lithium producer amid a recovering market.

American West Metals is launching a comprehensive 2025 exploration campaign at its Storm Copper Project in Nunavut, targeting resource expansion and new discoveries along a 110km copper belt.