Latest Exploration And Drilling News

Many Peaks Minerals has delivered robust diamond drill results at its Ferké Gold Project, expanding the maiden Ouarigue Mineral Resource Estimate to 1.32 million ounces and reinforcing geological continuity.

Infini Resources has kicked off its inaugural diamond drilling campaign at the Reynolds Lake and Reitenbach Lake uranium projects, targeting high-grade zones including the Titus Prospect. The program aims to unlock a large, underexplored uranium system on the Athabasca Basin's eastern margin.

Genesis Resources progresses environmental work at its Plavica project in North Macedonia while Australian field activities stall due to wet season, reporting a A$401k operating cash outflow and under two quarters of funding.

Moho Resources has expanded its Bush Chook Gold Project by acquiring the high-grade Rocky Ridge prospect and is set to launch a 5,000m drilling campaign in May targeting multiple gold-antimony zones.

PhosCo Ltd advances its Gasaat Phosphate Project with robust drilling results at KM and SAB deposits, confirming thick, high-grade mineralisation. Imminent maiden resource estimates and a significant new discovery at DOH underscore the project's growing global significance amid supply chain disruptions.

Beach Energy’s Q3 FY26 output rose 7% quarter-on-quarter, led by a 174% surge in Perth Basin production following Waitsia Gas Plant compressor commissioning. The company also secured new Queensland acreage and greenlit the Moomba Central Optimisation project, though weather disruptions trimmed Cooper Basin output and prompted a production guidance cut.

Mammoth Minerals reported significant shallow gold intercepts at its Excelsior Springs project in Nevada, expanded its landholding with the Imperial Gold Project acquisition, and completed the Paterson divestment, positioning itself for further exploration growth.

Mount Hope Mining’s March quarter update reveals strong high-grade gold assays, expanded mineralisation, and new tenement acquisitions in NSW’s Cobar Basin, setting the stage for Phase 3 drilling at Mt Solitary.

Nelson Resources has expanded its footprint at the Gold Point Project with new high-grade gold-silver veins and prepared for maiden drilling, while unlocking significant development potential at Yarri through mining lease grants and a $10 million funding deal.

Carnarvon Energy is gearing up for a high-impact Bedout Sub-basin drilling campaign in the first half of 2027, supported by a robust balance sheet and strategic investments.

Deep Yellow Limited has accelerated development at its flagship Tumas uranium project in Namibia, nearing construction readiness with significant engineering and earthworks milestones. Exploration success at the nearby Tinkas Prospect and strategic leadership appointments position the company well amid a strengthening uranium market.

Sabre Resources (ASX:SBR) is set to expand its footprint in the Northern Territory through an 80% acquisition of major gold and copper-gold projects, including drill-ready targets on extensions of the Tennant Creek Mineral Field. Drilling is scheduled to begin shortly after shareholder approval.