Latest Exploration Drilling News

Southern Hemisphere Mining’s latest quarterly report highlights a significant increase in copper and gold prices, boosting the value of its Llahuin project, alongside promising drilling results and a high-grade copper discovery at surface.

Tasman Resources reports a robust cash position and a valuable stake in Eden Innovations, while gearing up for significant drilling programs at its South Australian projects in 2026.

Albright Metals has released initial assay results from its 2025 drilling campaign at the Vail Road Gold Deposit, revealing impressive high-grade gold intercepts that validate previous data and underpin plans for resource estimation.

29Metals Limited has initiated a fully underwritten $150 million entitlement offer at $0.40 per share, aiming to bolster its growth projects and operational recovery following seismic disruptions. The retail offer opens on 28 January and closes on 11 February 2026.

Bubalus Resources has completed its maiden drilling program at the Avon Plains Gold Project, with assay results due soon, while advancing exploration across multiple Victorian and Northern Territory projects.

Black Horse Mining successfully completed an $8 million IPO and has begun active exploration at its Mt Egerton Gold Project, with drilling results expected by February 2026.

West African Resources has met its 2025 gold production and cost targets for the fifth consecutive year, reporting robust quarterly results and promising exploration outcomes that suggest extended mine life at Sanbrado.

Octava Minerals has resumed drilling at its Federation Project in Western Tasmania, revealing visible semi-massive sulphides and high-grade polymetallic surface samples that hint at promising mineralisation.

Meeka Metals delivered a robust December quarter with a 28% jump in gold production and nearly doubled operating cash flow, while exploration at new targets hints at further resource expansion.

G11 Resources has completed a strategic acquisition and raised $7.5 million to fund exploration drilling targeting major copper and gold deposits in Tasmania and NSW. The company identified a significant new geophysical anomaly adjacent to the Mt Lyell mine, setting the stage for a busy 2026.

Kaili Resources has initiated a targeted Aircore drilling campaign across its Mallee Project tenements in South Australia, aiming to unlock rare earth element potential within the Loxton/Parilla Sands. This early-stage program follows promising regional exploration and seeks to refine future drilling focus.

Central Petroleum has completed its acquisition of strategic interests in the Otway and Cooper Basins, setting the stage for a multi-well exploration campaign starting in the second half of 2026.