Latest Exploration And Drilling News

Tali Resources is set to begin a 10,000m aircore drilling campaign at West Arunta in May, leveraging new geophysical surveys to test multiple high-potential prospects.

Redcastle Resources has secured a 60% earn-in to the Kilkenny Belt Package, adding 64km² of tenements adjacent to its existing Eastern Goldfields holdings and reinforcing its dual strategy of near-term development and regional exploration.

Pacgold Limited has poured its first gold doré bar from the White Dam Gold Project, signalling its shift from exploration to production and initiating cash flow to support growth.

American Uranium has launched a $2.59 million entitlement offer with free attaching options, highlighting its robust uranium resources in Wyoming and ongoing drilling plans.

Sierra Nevada Gold (ASX: SNX) has received five exploration licences for its As Safra copper-gold project in Saudi Arabia, granted by Royal Decree, allowing immediate drilling with three rigs on site. The licences reflect top-level government support and align with Saudi Arabia’s Vision 2030 mining ambitions.

Tennant Minerals has reported a significant diamond drilling intersection at its Bluebird discovery, revealing 19.7 metres of intense copper-gold-bismuth mineralisation and potential to more than double the resource footprint. The company also advances a feasibility study for a regional processing facility backed by government grants.

Breakthrough Minerals has completed its full acquisition of the North Queensland Copper-Gold Project, securing a substantial resource base and initiating a drilling campaign at Barbara, signalling a new phase of exploration and development.

Strata Minerals delivered strong maiden drilling results at its Zelica Gold Project, confirming consistent shallow high-grade gold mineralisation over a 1km strike. The company consolidated its landholding with the acquisition of Zelica South, extending the gold corridor to 10km and commencing follow-up exploration.

Terra Metals has unveiled a significant platinum group metal sulfide system at its Southwest Prospect within the Dante Project, backed by robust assay results and a strong cash position following a recent $85 million capital raise.

AusQuest has kicked off its maiden Reverse Circulation drilling at the Playa Kali IOCG copper-gold project, aiming to test targets akin to the nearby Mina Justa deposit, with follow-up drilling planned at the Lantana porphyry target and ongoing activity at Cangallo.

Sunstone Metals reported robust growth at its Bramaderos gold-copper project with a 3.6Moz AuEq resource and substantial exploration targets. Drilling at Copete and Porotillo prospects confirmed mineralisation continuity, underpinning potential resource upgrades.

Buxton Resources has secured all key approvals to start drilling at its Madman Project and agreed to sell its 49% interest in the Copper Wolf JV to IGO for about A$6.15 million, shifting its focus to Australian exploration.