Latest Exploration Drilling News

Cooper Metals has secured full ownership of the Pyramid Gold Project in North Queensland, a high-grade, underexplored gold asset in the prolific Drummond Basin. The company plans to accelerate exploration with immediate drilling targeting multiple priority zones along a largely untested fault corridor.

Mount Hope Mining has locked in a drill contractor for its Mt Solitary Phase 3 program, aiming to extend gold mineralisation and advance towards a maiden JORC resource by year-end.

MGX Resources is accelerating development at its Central Tanami gold project with underground exploration and resource drilling, while monetising Koolan Island through a $20.2 million sale plus future revenue share, bolstering its cash reserves.

Neometals Ltd has restarted exploration drilling at its Barrambie Project in Western Australia, focusing on expanding known copper and gold mineralisation at the Rinaldi and Ironclad deposits.

Perseus Mining is ramping up underground production and expanding its resource base at the Yaouré Gold Mine in Côte d’Ivoire, supported by a $34 million FY27 drilling program aimed at extending mine life and boosting mineral resources.

AIC Mines reported steady progress on its Eloise processing plant expansion and commenced ore processing at Jericho, while elevated diesel prices and unseasonal rain pushed costs above guidance in the June quarter.

Buxton Resources’ initial drilling at the Madman Project has intersected hydrothermal breccia with increasing sulphide content, including pyrrhotite that explains the site’s magnetic anomaly, bolstering hopes for a significant gold-copper system.

D3 Energy has secured independent certification of maiden prospective resources for helium, hydrogen, and methane in its South Australian PEL121 permit, establishing a significant new critical gases footprint.

Sunshine Metals has boosted its Liontown gold-silver resource in Queensland, increasing contained gold by 13%, silver by 21%, and overall tonnes by 28%, underpinning plans for mid-2027 gold production at the Mt Moss facility.

Aureka Limited has secured a three-year, project-agnostic toll milling agreement with the Wedderburn Gold Processing Mill, positioning its Comstock Gold & Silver Project for early production and exploring processing options for its flagship Irvine Gold Project.

AuKing Mining has locked in a A$5 million placement at a premium to VWAP, backed by strategic and global investors, to accelerate drilling at its Tundulu rare earths project in Malawi.

Kinetiko Energy is progressing rapidly from exploration to production with a major onshore gas discovery in South Africa, targeting first commercial compressed natural gas by late 2027 through a phased, capital-efficient development.