Latest Exploration And Drilling News

Dart Mining (ASX:DTM) has agreed to acquire a large, underexplored gold and lithium project near the Gruyere mine in WA’s Yamarna district, backed by a $2 million capital raise to fund exploration and acquisition costs.

Native Mineral Resources is on track to surpass 1,000 ounces of gold production in a single month for the first time at its Blackjack operation, backed by a strong August smelting run and advancing multi-pit development.

Terra Metals has pushed the boundaries of its Southwest sulfide discovery at the Dante Project, extending the mineralised strike by 150 metres to over 1,100 metres and confirming multiple high-grade reef zones. The system remains open, with ongoing drilling and assay results set to further define this promising PGM-Cu-Ni-Co corridor.

Cauldron Energy has refined its uranium exploration strategy at the Bennet Well deposit by reprocessing historic seismic data, uncovering multiple new high-priority targets and extending known palaeochannels. Initial drilling on these targets is imminent as part of the 2026 program.

Macro Metals has agreed in principle to sell its Agbaja Iron Ore Project in Nigeria to RSIN Nigeria Limited for US$5.67 million, allowing the company to refocus on Western Australian operations.

Novo Resources has progressed its Belltopper Gold Project with a planned diamond drilling campaign and completed maiden Pilbara drilling programs, while reporting a $3.9 million net loss for H1 2026 and bolstering liquidity through capital raises.

Diablo Resources has secured an 80% stake in the historic Horn Silver Project in Utah, unlocking a portfolio of high-grade silver, gold, copper, and antimony targets. The acquisition complements its nearby Star Range assets and aligns with US critical minerals priorities.

New Age Exploration (ASX: NAE) has refined its drill targets at the Wallah Silver Project in NSW by reprocessing historic 2009 induced polarisation (IP) data with modern techniques, confirming untested high-grade mineralisation along strike and at depth. Drilling is scheduled for Q3 2026 to test these promising zones.

Core Lithium has delivered high-grade lithium intersections at BP33, reinforcing the deposit's scale and underground mining potential with ongoing drilling set to expand resources further.

Broken Hill Mines (ASX: BHM) has delivered a suite of high-grade silver, lead, zinc, copper, and gold intercepts from recent drilling at its Pinnacles Mine open pit area, underpinning ongoing mining operations and a planned resource upgrade by year-end.

Midas Minerals has reported robust assay results from its first diamond drill hole at the Deblin deposit within Namibia’s Otavi Copper Project, revealing two substantial zones of high-grade copper sulphide mineralisation. The company is ramping up drilling efforts with plans to expand its rig fleet and expects further assay results later this year.

Connected Minerals (ASX:CML) is mobilising a ~6,000m reverse circulation and diamond drilling program at its Bailundo Carbonatite Project in Angola, aiming to define a maiden JORC Mineral Resource for niobium and rare earth elements.