Latest Exploration And Drilling News

Xpedra Resources has unveiled robust assay results from its maiden drilling at the Springfield Gold Deposit in NSW, revealing extensive shallow gold mineralisation with multiple high-grade zones and plans for deeper follow-up drilling.

Alicanto Minerals (ASX:AQI) has secured A$30 million through an institutional placement to fund an aggressive drilling campaign at its Mt Henry Gold Project in Western Australia, boosting its cash reserves to about A$41 million ahead of a resource update later this year.

Austin Metals has kicked off a significant reverse circulation drilling campaign at its Austin Gold Project, aiming to test fresh BIF-hosted gold targets at Brunswick Hill and extensions at Mt Sandy in Western Australia.

Riversgold’s farm-in partner AIS Resources reports standout rock chip assays from the Saint John Project in New Brunswick, with multiple samples exceeding upper detection limits for copper, gold, silver, and antimony. These results underpin plans for systematic exploration and drilling.

Arika Resources has completed its acquisition of 100% ownership of the Yundamindra and Kookynie gold projects, consolidating control over key assets in Western Australia’s Eastern Goldfields and setting the stage for accelerated exploration.

Right Resources’ drilling at the Pilot Project in Tumbarumba validates a large Reduced Intrusive Related Gold System, with assays highlighting low grades in the transitional halo but confirming the presence of a substantial mineralised footprint. The high-grade core remains untested, marking a key exploration focus.

Breakthrough Minerals has revealed promising initial assay results from its maiden diamond drilling at the Barbara Copper-Gold Project, highlighting high-grade copper mineralisation and significant resource expansion potential within and beyond current boundaries.

Great Western Exploration has kicked off a 3,000m air core drilling program at its Diorama copper-gold target in Western Australia, aiming to test a large copper anomaly indicative of DeGrussa-style VHMS mineralisation.

Killi Resources has significantly extended the King Louie Breccia gold-copper-molybdenum anomaly at its Mt Rawdon West Project, setting the stage for imminent drill testing backed by government funding.

Solis Minerals has raised A$6 million in a placement strongly backed by institutional investors, including major shareholder PLS Group, to fund imminent drilling at its Brazil Lithium and Cinto Copper projects.

Critical Resources Limited showcased its diversified critical metals portfolio and advanced battery tech at its 2026 AGM, spotlighting growth prospects in lithium, gold, and base metals across Australia, Canada, and New Zealand.

Red Mountain Mining has locked in 100% ownership of the Pioneer Tungsten Project in Montana, an advanced asset with historic drilling pointing to promising tungsten grades. The company plans to kick off drilling in June 2026, capitalising on near-record tungsten prices and US government efforts to secure domestic critical mineral supplies.