Latest Drilling News

Hot Chili Limited has raised A$40 million through a heavily oversubscribed private placement to accelerate the development of its La Verde copper-gold discovery within the Costa Fuego project in Chile. The funding will support expanded feasibility studies, environmental approvals, and further drilling aimed at defining a higher-grade starter pit.

Green & Gold Minerals Ltd (ASX, GG1) has announced the acquisition of the Burlington Silver-Copper project in Queensland’s Herberton Mineral Field, expanding its footprint in a region rich with future-facing metals essential for AI and electrification.

FIN Resources Limited has upgraded and confirmed the reliability of historical gold assays at its Cabin Lake project in Canada, setting the stage for a maiden drilling program. The re-sampling results reveal stronger and more continuous mineralisation than previously understood.

Cauldron Energy’s latest groundwater analysis at the Yanrey Uranium Project reveals low chloride and sulphate levels, affirming the site’s suitability for environmentally friendly in situ recovery uranium mining. This milestone supports the company’s plans to expand resources and advance towards production.

West Coast Silver’s latest diamond drilling at Elizabeth Hill reveals extraordinary silver grades and expands the known mineralised footprint, highlighting significant exploration upside in Western Australia’s Pilbara region.

Botala Energy has raised A$3 million through an oversubscribed placement to fully fund drilling and flow testing at its Serowe coal bed methane project this quarter, advancing its commercial gas ambitions.

BPM Minerals has revealed significant soil sampling results at its Forelands Gold Project in Western Australia, identifying multiple untested gold-in-soil anomalies. The company is poised to recommence reverse circulation drilling in early March 2026 to test these promising targets and extend known high-grade mineralisation.

Lachlan Star Limited has secured a 90% stake in the historically rich New Waverley Gold Project in Western Australia’s Norseman region, setting the stage for a focused drilling campaign to unlock its untapped potential.

TG Metals Limited has reported strong new drilling results from its Van Uden Gold Project, confirming increased gold continuity and extensions to its existing resource. Diamond core drilling has commenced, aiming to further expand the mineral resource estimate.

Kairos Minerals has confirmed a significant extension to its Mt York gold mineralisation, with new drilling results revealing strong near-surface and deeper gold zones over an additional 1.2km strike. An updated resource estimate is expected in the first half of 2026.

Terra Metals’ latest drilling results at Reef 2 (Hyperion) within the Dante Project reveal thick, continuous, high-grade polymetallic mineralisation from surface, reinforcing the project’s scale and economic potential.

Patagonia Lithium Ltd has successfully raised A$2.9 million through a private placement, aiming to fast-track drilling and feasibility studies at its flagship Formentera Project in Argentina.