Latest Drilling News

Solis Minerals appoints Mitch Thomas as CEO, shifting Mike Parker to Technical Director, ahead of a major 2025 drilling campaign in Peru's copper-rich belt.

Verity Resources has initiated a pit optimisation study on its Korong and Waihi gold deposits within the Monument Gold Project, aiming to capitalise on rising gold prices and unlock open-pit mining potential.

Lincoln Minerals has uncovered significant copper and base metals mineralisation in previously overlooked footwall sequences at its Minbrie prospect on South Australia's Eyre Peninsula, prompting a focused two-phase exploration program.

Arika Resources has identified extensive gold-bearing quartz reefs stretching over 4.5 kilometres at Banjo's Camp within the Yundamindra Gold Project, with rock chip samples grading up to 5.3 g/t Au. This discovery significantly expands the project's exploration potential ahead of planned drilling campaigns.

Evolution Mining has reported a landmark first half of FY25 with a 277% jump in statutory net profit and a substantial 250% increase in its interim dividend, underscoring robust operational momentum and shareholder returns.

Critical Resources Limited reports encouraging petrographic results from its Mayview Prospect in NSW, revealing a structurally controlled antimony-gold system akin to the nearby Hillgrove deposit. These findings bolster the prospect's exploration appeal with plans for detailed follow-up work.

Felix Gold Limited reports outstanding high-grade antimony and gold results from trench sampling at its Treasure Creek Project, highlighting potential for near-term production amid critical supply concerns.

Predictive Discovery Limited has successfully completed a A$69.2 million strategic placement with key investors Lundin family and Zijin Mining Group, strengthening its financial position for future growth.

Finder Energy reports excellent progress on its Ikan 3D seismic reprocessing project, with imaging results exceeding expectations and the project on track for completion by end Q1 2025. The enhanced data aims to optimise development wells and de-risk exploration targets, potentially unlocking significant value.

IMDEX reported a 10% revenue decline in 1H25 amid subdued global exploration activity but delivered a robust 28% increase in EBITDA, maintaining a strong 30% margin and positioning itself for growth.

Red Mountain Mining's recent desktop study of the Fry Lake Gold Project reveals promising gold mineralisation across multiple claims, setting the stage for an active 2025 exploration season amid soaring gold prices.

Lefroy Exploration has partnered with BML Ventures under a profit-sharing agreement to develop the Lucky Strike gold deposit, aiming to start mining operations in the second half of 2025. This collaboration leverages BML's mining expertise and funding, while Lefroy retains half the profits from the project.