Latest Drilling News

Nagambie Resources has discovered a high-grade antimony-gold lode east of its current resource, averaging 40.5 g/t gold equivalent, prompting plans for extensive follow-up drilling to expand its JORC resource.

FXG has announced a $17 million two-tranche placement priced at A$0.155 per share, aimed at advancing drilling and exploration activities in Alaska. The second tranche awaits shareholder approval, marking a pivotal funding milestone for the company.

Felix Gold Limited has successfully raised $17 million through a two-tranche placement, bolstering its cash reserves to advance exploration and development in Alaska’s prolific Fairbanks Gold District.

Critica Limited has secured drilling approvals and government funding to explore high-grade heavy rare earth elements at its Aurora and Juno satellite prospects near the flagship Jupiter deposit in Western Australia.

Trigg Minerals has identified significant high-grade antimony mineralisation from historical back sampling at its Wild Cattle Creek deposit, previously excluded from its 2024 Mineral Resource Estimate, revealing promising upside potential for resource expansion.

ABx Group has discovered a new rare earth element province 52 km east of its Deep Leads resource in northern Tasmania, revealing exceptionally high grades of terbium and dysprosium critical for advanced technologies. This discovery aligns with shifting global supply dynamics amid US incentives and Chinese export restrictions.

Unico Silver Limited has reported exceptional high-grade silver intercepts from its Phase 2 drilling at Cerro Leon, confirming multiple new discoveries and launching an expanded Phase 3 program to upgrade resources and explore deeper polymetallic zones.

MinRex Resources has secured all approvals to commence a fully funded drilling program targeting high-priority copper-gold deposits at the Fraser Range Project in Western Australia, aiming to unlock significant exploration potential.

Stellar Resources reports strong high-grade tin intercepts at Queen Hill, underpinning potential resource upgrades and advancing the Heemskirk Tin Project towards development.

Waratah Minerals’ maiden drilling at Breccia West within the Spur Gold-Copper Project has intersected substantial porphyry copper-gold mineralisation, validating its exploration strategy and highlighting a compelling new drill target.

Apollo Minerals has completed its 2025 Phase 2 drilling at the Salanie Gold Project, revealing significant shallow high-grade gold mineralisation and confirming continuity across key prospects within a prolific greenstone belt.

Venus Metals Corporation’s subsidiary Redscope has won a $52,500 grant from the WA Government to co-fund diamond drilling at the Pincher Copper Project, targeting a significant geophysical anomaly. Drilling is set to begin in June 2025, advancing exploration of a promising volcanogenic massive sulphide system.