Latest Exploration And Drilling News

Sunshine Metals has exercised its option early to acquire the Sybil Epithermal Gold Project, setting the stage for drilling to commence in July-August 2025. The project boasts historic high-grade gold results and strategic significance near Charters Towers.

North Stawell Minerals Ltd (ASX – NSM) has opened a $2.1 million non-renounceable entitlement offer to fund key gold exploration projects in Victoria. This follows a $1.5 million placement, together raising $3.6 million to advance drilling and development.

Lode Resources has announced a maiden Mineral Resource Estimate for its Webbs Consol project in New South Wales, revealing a high-grade silver equivalent resource of 32 million ounces. The estimate confirms the project's potential with strong grades and promising metallurgical recoveries.

QMines is set to complete its acquisition of the high-grade Mount Mackenzie Gold and Silver Project, boosting its resource base and planning a maiden drilling program to unlock further value.

Peak Minerals has confirmed a significant high-grade rare earth-rich monazite discovery at its Minta Est site in Cameroon, expanding the Minta Rutile Project's mineralised footprint to over 660 square kilometres.

Cazaly Resources has launched a 2000m reverse circulation drilling program at the Duke of York prospect within its Goongarrie Gold Project, aiming to validate historical gold intercepts and explore new mineralisation zones.

Lode Resources has announced its first Mineral Resource Estimate for the Webbs Consol silver-base metals project in New South Wales, revealing a substantial high-grade deposit. This milestone confirms the project's potential and sets the stage for further exploration and development.

Noronex Limited has broadened its strategic alliance with South32 to include two new Botswana tenements, backed by promising drilling results from Namibia’s Damara Copper Project that highlight significant regional copper potential.

Cygnus Metals reports robust infill drilling results from its flagship Corner Bay deposit, reinforcing the potential for resource growth and underpinning an upcoming Mineral Resource update scheduled for Q3 2025.

Lakes Blue Energy has obtained Victorian government approval to drill the Wombat-5 appraisal well, a key step toward unlocking significant gas resources amid looming East Coast supply shortages.

Black Canyon Limited is set to significantly broaden its footprint in the eastern Pilbara with the acquisition of 229 square kilometres of new tenements around its Wandanya manganese project, enhancing its potential for large-scale manganese and iron mineralisation.

Resolution Minerals Ltd has entered a binding agreement to acquire the Horse Heaven Project in Idaho, a promising antimony-gold-silver-tungsten asset adjacent to a major US mine, with drilling planned for 2025.