Latest Exploration And Drilling News

Core Energy Minerals has confirmed uranium mineralisation at its Cummins Project in South Australia through a maiden aircore drilling program, reinforcing its geological model and setting the stage for targeted follow-up exploration.

Flynn Gold has initiated its first-ever diamond drilling program at the historically rich Double Event gold prospect in Northeast Tasmania, following trenching that revealed an extensive mineralised corridor. The drilling aims to validate and expand on promising surface assay results, potentially unlocking significant value for the Golden Ridge Project.

Riversgold Limited has partnered with Canadian AIS Resources to advance its Saint John Project, enabling AIS to earn up to 75% by funding exploration and drilling over four years while Riversgold retains a 25% free-carried interest.

Infini Resources Limited has launched a A$3 million flow-through share offer targeting its Canadian uranium projects, aiming to advance exploration amid regulatory and financing challenges.

Askari Metals has agreed to sell its Australian gold assets to Forrestania Resources for A$700,000, enabling a strategic pivot towards its promising African exploration projects.

RareX Limited’s initial exploration at Mt Mansbridge reveals multiple high-grade heavy rare earth occurrences, including rock chips with up to 2.7% total rare earth oxides and exceptional heavy rare earth content. Soil sampling further confirms promising targets for future drilling.

Waratah Minerals has extended gold mineralisation by 160 metres in both directions at the Consols Zone within its Spur Gold Corridor, revealing promising high-grade intercepts. The company is accelerating drilling efforts and adopting new assay technology to fast-track exploration.

Artemis Resources has completed a $4.9 million capital raise to fund extensive drilling programs targeting gold and copper at its Carlow, Titan, and Cassowary projects in Western Australia. The funding will accelerate exploration efforts aimed at expanding mineral resources and testing new high-potential targets.

Nova Minerals has made a strategic A$1 million investment in Adelong Gold, securing a 9.4% stake and board representation, while maintaining focus on its flagship Estelle Project in Alaska.

Western Mines Group has completed diamond drill hole MTD030 at its Mulga Tank Project, intersecting extensive olivine cumulate ultramafic rock with multiple intervals of visible nickel sulphide mineralisation, including high-tenor blebs confirmed by spot pXRF readings up to 41.3% nickel. This confirms a dynamic komatiite system and reinforces the project's large-scale potential.

Solstice Minerals is ramping up exploration at its Edjudina Range gold discovery, unveiling promising primary gold intercepts and preparing for expanded drilling to extend the mineralised trend beyond 1km.

Kuniko Limited has executed a binding earn-in and joint venture agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW, backed by a rights issue to fund exploration and drilling. The project offers significant resource potential in a Tier-1 jurisdiction with existing inferred mineral resources.