Latest Exploration And Drilling News

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

Stelar Metals has reported impressive high-grade silver assays up to 211 g/t at its Baratta Copper Project in South Australia, highlighting the project's potential as a significant copper-silver resource.

Mammoth Minerals has launched a new drilling phase at its Excelsior Gold-Silver Project in Nevada, revealing promising Carlin-style gold mineralisation that could significantly expand the project’s scale.

American Tungsten & Antimony Ltd (ASX, AT4) has produced its first antimony ingots from its Utah project, validating its processing approach and advancing its US growth ambitions including a planned Nasdaq listing.

Diablo Resources has significantly increased its Star Range critical minerals project footprint in Utah, securing additional claims that extend the high-grade North Star Prospect. The move sets the stage for imminent drilling and advances the company’s alignment with US critical minerals supply goals.

Cannindah Resources has raised $15 million through a two-tranche placement and launched a $2 million share purchase plan to fund expanded exploration at its Mt Cannindah Copper-Gold Project.

Premier1 Lithium has kicked off a significant reverse circulation drilling campaign at its Mt Kersey gold prospect within the Yalgoo Project, aiming to unlock the potential of a highly prospective 5 square kilometre mineralised zone.

Sierra Nevada Gold Inc (ASX – SNX) reports compelling rock chip sampling results at its As Safra Copper-Gold Project in Saudi Arabia, confirming historic high-grade mineralisation and identifying priority drill targets ahead of a planned 5,000m drilling campaign.

Red Mountain Mining has launched an expanded soil sampling program at its Oaky Creek prospect in NSW, aiming to unlock multiple high-grade antimony-gold targets along a 3km strike. This move builds on impressive assay results and positions the company alongside Australia’s leading antimony projects.

Talonx Resources’ recent RC drilling at the Beaker 2 Prospect validates historical high-grade gold mineralisation and reveals a coherent shallow oxide gold system, setting the stage for further exploration.

Adavale Resources has reported its highest-grade gold intercepts to date at the London-Victoria Gold Mine, confirming significant potential for resource expansion. The company also strengthened its leadership with the appointment of David Ward as Managing Director, advancing its exploration momentum.

Renegade Exploration has reported significant progress across its North American and Australian mineral portfolios, highlighting high-grade gold, silver, and critical mineral results and planning a maiden drill program at its Yukon Myschka Project in 2026.