Latest Drilling News

Brazilian Rare Earths Limited (ASX:BRE) reported exceptional exploration results in the March 2025 quarter, including record high-grade rare earth assays at Monte Alto and Pelé projects, alongside a strategic royalty agreement with Rio Tinto for its Amargosa Bauxite-Gallium Project.

Maronan Metals reports robust assay results confirming extensive high-grade silver-lead mineralisation and promising copper-gold intercepts, alongside progress in mine development with a Mineral Development Licence application.

Alkane Resources delivered steady gold production and cash flow in Q3 FY2025 at Tomingley, while announcing a transformative merger with Mandalay Resources to build a diversified Australian gold and antimony producer.

Buxton Resources reports a 345% increase in contained graphite at its Graphite Bull Project and confirms IGO's $5.35 million commitment to expand its Copper Wolf JV interest to 70%.

29Metals Limited reports solid operational progress at Golden Grove with cost improvements and project development, while Capricorn Copper remains suspended focusing on water management and regulatory compliance. The company completes senior debt refinancing, maintaining strong liquidity and guidance.

Felix Gold Limited advances its Treasure Creek Project in Alaska, aiming for near-term domestic antimony production by late 2025, supported by ongoing metallurgical testing and strong U.S. government backing. The company also highlights its significant gold resource base in the Fairbanks Mining District, positioning itself as a dual-critical minerals player.

29Metals reported a significant drop in copper production costs alongside steady zinc output and progress on critical infrastructure projects in its March 2025 quarterly update.

Santos Limited's 2024 Annual Report reveals a 5% drop in production and a 9% decline in sales revenue, yet highlights significant progress in carbon capture and storage projects and emissions reduction targets.

Catalina Resources has completed its acquisition of the Central Yilgarn Project, unveiling multiple high-grade gold and silver targets, while securing $2.77 million through placement and rights issues to accelerate exploration.

Cavalier Resources has extended its non-binding $11 million US stream finance term sheet with Raptor International, aiming to fully fund the development of the Crawford Gold Project Stage 1 open pit and near-mine drilling. A revised Pre-Feasibility Study underscores strong project economics with a 580% IRR and a 9-month payback period.

Boss Energy’s March quarter report reveals a successful ramp-up at its Honeymoon Uranium Project, delivering its first free cash flow and beating cost guidance, while strategic investments and exploration progress position the company well amid a tightening uranium market.

Catalyst Metals has agreed to sell its Henty gold mine, focusing resources on expanding its Plutonic Gold Belt projects with promising exploration results and first ore from Plutonic East. The company maintains a strong cash position of A$98 million while advancing low-capital developments to double production.