Latest Exploration And Drilling News

Auravelle Metals has identified a promising new gold target at Sheoak East within its Nuckulla Hill Project, revealing significant shallow gold mineralisation in initial drilling. This discovery extends a large gold anomaly and sets the stage for aggressive follow-up exploration.

Western Yilgarn NL has significantly expanded its exploration footprint at the Ida Holmes Junction Project to target high-grade gallium mineralisation and secured critical land access for drilling at its West Julimar Bauxite Project in Western Australia.

Gateway Mining has completed its acquisition of the Yandal Gold Project, revealing promising high-grade gold results and securing $22.5 million to fuel extensive exploration and drilling programs.

Olympio Metals has reported significant high-grade gold intersections from its Bousquet Gold Project in Quebec, alongside a $1.6 million capital raise to accelerate exploration and drilling activities.

DY6 Metals has significantly expanded its Central Rutile Project in Cameroon, confirming high-grade rutile mineralisation and securing A$4.625 million to accelerate exploration. The company also initiates a strategic review of its Malawian rare earth portfolio amid growing market interest.

Caprice Resources delivers exceptional high-grade gold results at its Island Gold Project and embarks on a fully funded Phase 4 drilling campaign, while strategically expanding its landholding through the acquisition of the Comet Gold Project.

KGL Resources is making significant strides in preparing the Jervois Project for construction, leveraging higher copper, silver, and gold prices to optimise the project and secure funding. Exploration efforts and strategic partnerships are positioning the company for a 2026 construction start and 2027 production.

Blaze Minerals has mobilised drilling at its promising Loulombo Project in the Republic of the Congo, following exceptional base and critical metals sampling. Meanwhile, its Ugandan Ntungamo Project confirms new critical mineral discoveries, underpinning a recent $2.4 million capital raise.

Riversgold has secured a full funding and operational partnership with MEGA Resources for its Northern Zone Gold Project near Kalgoorlie, while also farming out its Saint John project in Canada to AIS Resources. The company raised A$1.8 million to advance exploration and development.

Northern Minerals reports a robust Definitive Feasibility Study and secures conditional funding interest, positioning Browns Range as a critical supplier of heavy rare earths by 2028.

ADX Energy reports a 17% production dip in Q3 2025 due to well downtime but boosts sales revenue by 23%, while advancing drilling plans and acquiring key infrastructure.

Bounty Oil & Gas reported a modest $272,000 in oil revenue for Q3 2025, boosted reserves in Queensland, and plans to restart Surat Basin production in 2026 while navigating ongoing legal challenges offshore Sydney.