Latest Exploration And Drilling News

Duketon Mining's first-ever drilling at Barlee delivers broad gold intercepts, confirming promising mineralisation and setting the stage for expanded exploration.

Buru Energy has launched a prospectus offering over 207 million new options free-attaching to a recent $5.3 million placement, aiming to back the commercialisation of its Rafael Gas Project and bolster working capital.

BOA Resources Ltd has voluntarily suspended trading of its shares on the ASX pending a potential acquisition announcement, with the suspension expected to last up to five trading days.

Atomic Eagle Limited confirms ongoing negotiations with Niger's Ministry of Mines to draft a new mining agreement for the Madaouela Uranium Project, following permit withdrawal and arbitration.

Stelar Metals has identified widespread tungsten mineralisation at its Hill of Leaders Project in the Northern Territory, dispatching samples for assay and preparing for a July drilling campaign.

Sunshine Metals has kicked off a comprehensive airborne magnetic and radiometric survey at its Sybil Gold Project in Queensland, setting the stage for a drilling program targeting multiple high-grade prospects including the first-ever tests at Francis Creek East.

Great Plains Metals has secured a 51% interest in Godolphin’s Yeoval and Goodrich copper-gold projects and is moving to increase its stake to 70%, committing another $1 million in exploration. Godolphin will continue as operator while drilling progresses, with assay results due by mid-July.

PC Gold has reported compelling new gold assay results from its Spring Hill project, alongside a strategic tenement acquisition that expands its landholding by 68km². The company is ramping up exploration with four rigs and a $22 million cash buffer, setting the stage for resource growth beyond the imminent update.

Minerals 260 has kicked off early construction at its 4.5Moz Bullabulling Gold Project, aiming for plant construction in early 2027 and first gold output by late 2028. Key initiatives include a $59.1 million village contract, water infrastructure development, and extensive grade control drilling.

Xpedra Resources has unveiled robust assay results from its maiden drilling at the Springfield Gold Deposit in NSW, revealing extensive shallow gold mineralisation with multiple high-grade zones and plans for deeper follow-up drilling.

Alicanto Minerals (ASX:AQI) has secured A$30 million through an institutional placement to fund an aggressive drilling campaign at its Mt Henry Gold Project in Western Australia, boosting its cash reserves to about A$41 million ahead of a resource update later this year.

Austin Metals has kicked off a significant reverse circulation drilling campaign at its Austin Gold Project, aiming to test fresh BIF-hosted gold targets at Brunswick Hill and extensions at Mt Sandy in Western Australia.