Latest Exploration Drilling News

Sandfire Resources reported solid H1 FY26 production with a shift toward stronger H2 volumes, improved safety metrics, and a strategic move to acquire an 80% stake in the Kalkaroo Copper-Gold Project.

High-Tech Metals has raised $10.7 million through the exercise of nearly 43 million options, bolstering its push towards gold production at the Dam-Damsel project and expanding exploration across its vast Western Australian tenure.

Deep Yellow Limited reports strong progress on its flagship Tumas Project with key engineering milestones and exploration successes, while preparing for a leadership transition and navigating a buoyant uranium market.

Ramelius Resources has reported exceptional high-grade gold intercepts from a 65,000m drilling campaign, reinforcing its 5-year production outlook and highlighting significant resource growth potential across multiple Western Australian projects.

Atomic Eagle Limited has reported significant shallow uranium mineralisation from its maiden drilling at Muntanga East in Zambia, with a maiden resource estimate expected later this quarter. The results highlight potential for low-strip open-pit mining and support the company’s broader growth ambitions.

29Metals has successfully closed its institutional entitlement offer, raising approximately $119 million at a notable discount, with a retail offer set to launch later this month. The capital raise aims to fuel key growth projects across its mining portfolio.

Star Minerals has received mining approval for its Tumblegum South Gold Project and commenced grade control drilling, setting the stage for production in early 2026 amid rising gold prices.

Paladin Energy reports a 16% rise in uranium production at Langer Heinrich Mine, with strong sales and a fortified balance sheet positioning the company for growth. Exploration advances in Canada and leadership changes signal a strategic push forward.

Vault Minerals delivered a robust December quarter with 76,520 ounces of gold produced and significant progress on its King of the Hills processing plant expansion, positioning the company for higher throughput and full exposure to gold prices after closing its hedge book.

29Metals Limited has announced a fully underwritten $150 million entitlement offer to bolster liquidity, address operational disruptions at Golden Grove, and accelerate development projects including the Gossan Valley and Capricorn Copper restart.

29Metals has announced a $150 million fully underwritten equity raising at a significant discount to support recovery from seismic disruptions at Xantho Extended and to advance key growth projects.

29Metals reported a strong December quarter with increased copper and zinc production at Golden Grove, cost efficiencies, and steady progress on key projects, while Capricorn Copper remains suspended pending regulatory approvals.