Latest Drilling News

Raiden Resources has uncovered extensive new arsenic-in-soil anomalies at its Vuzel Gold Project in Bulgaria, signaling a potentially larger mineralised system beyond the previously drilled zone. Follow-up exploration and permitting efforts continue alongside pending metallurgical test results.

Lodestar Minerals has identified five new copper-molybdenum-gold porphyry targets at Los Loros, Chile, and confirmed encouraging IOCG-style alteration at Three Saints, setting the stage for maiden drilling campaigns.

High-Tech Metals has completed 700m of a planned 5,000m RC drilling program at Mt Fisher, aiming to expand its current gold resource by targeting high-grade shoots and extensions. Assay results for the first four holes are expected soon, following operational delays resolved by a contractor change.

Olympio Metals has earned a 51% interest in its Bousquet Gold Project in Quebec, Canada, following strong Phase 2 drill results, while completing the sale of its Dufay Gold Project for CAD$684k in cash.

Golden Dragon Mining’s latest RC drilling at Coodardy delivers standout high-grade gold intersections including 12m at 6.5 g/t Au, revealing a new mineralised north-east orientation and expanding growth potential.

Redcastle Resources' recent diamond drilling at Redcastle Reef and Queen Alexandra validates geological models and reveals promising mineralisation extensions, bolstering confidence in near-term mining plans.

Metal Hawk has reported strong assay results from recent RC drilling at its Leinster South Project, revealing shallow high-grade gold zones at Thylacine south and east with follow-up drilling planned.

Pantoro Gold has identified a substantial high-grade gold zone at its Racetrack Target, adjacent to the OK Underground Mine, promising to boost production capacity at Norseman.

Lithium Plus Minerals has announced the immediate resignation of CEO Andrew Haythorpe for personal reasons, with Chair Bin Guo stepping in as acting CEO. This leadership shift comes amid ongoing development at the company’s Northern Territory lithium projects.

Savannah Goldfields has secured $3.5 million through a $1.5 million equity placement at a 31.5% premium and a $2 million tiered royalty sale to fund the Agate Creek mine restart and ongoing operations.

WA Kaolin is seeking up to A$34.9 million through a fully underwritten entitlement offer aimed at restructuring its balance sheet, reducing shareholder loans, and funding operational improvements at its Wickepin kaolin project.

Tanami Gold NL (ASX:TAM) is raising $70.5 million through a fully underwritten renounceable rights issue priced at $0.06 per share, a 34.78% discount to the last traded price, to finance development of its Central Tanami Project.