Latest Exploration Drilling News

Atomic Eagle Limited has announced a substantial new Exploration Target at its Muntanga Uranium Project in Zambia, highlighting significant potential resource growth. The company plans a fully funded $20 million drilling campaign in 2026 to expand its uranium resource base.

Enegex Limited has launched power auger drilling and trenching programs on its key permits in Côte d’Ivoire, following promising gold-in-soil anomalies and historical data. Four permit applications have also been approved, setting the stage for aircore drilling in early 2026.

Olympio Metals has completed a targeted soil sampling campaign and initiated resampling of historical drill core at its Bousquet Gold Project in Quebec, aiming to expand the known mineralised strike and refine drill targets ahead of a follow-up drilling program.

Rox Resources has opened a $10 million Share Purchase Plan at a 19.9% discount, inviting eligible shareholders to invest in the development of its Youanmi Gold Project. The offer runs through mid-December, aiming to bolster exploration and working capital.

Adavale Resources has launched a technically advanced second phase drilling campaign at its London-Victoria Gold Mine, aiming to expand the gold resource beyond current estimates. Led by new Managing Director David Ward, the program builds on promising initial results and structural insights.

FireFly Metals has successfully raised over C$30 million through a Canadian bought deal and approximately A$106.5 million via an Australian equity raise to fund key development and exploration at its Green Bay Copper-Gold Project in Newfoundland.

PTR Minerals has successfully raised $12 million through a share placement to accelerate development and exploration at its Rosewood Titanium and Muckanippie Heavy Mineral projects in South Australia.

AusQuest has kicked off an extensive Stage 3 drilling campaign at its Cangallo copper-gold project in Peru, aiming to expand mineralisation and pinpoint higher-grade zones. The results could reshape the project’s potential and set the stage for deeper exploration.

Dreadnought Resources has formalized a $10 million joint venture with Black Cat Syndicate to fund, develop, haul, and process ore from its Star of Mangaroon gold project, enabling near-term cashflow without upfront capital.

Magnum Mining & Exploration has launched a two-rig drilling campaign at its high-grade Feirinha Rare Earth Element Prospect in Brazil, aiming to unlock a potentially low-cost REE discovery. Initial metallurgical tests suggest promising recoverability of these critical minerals.

Brazilian Critical Minerals Ltd has confirmed high-grade rare earth element mineralisation at its Ema project in Brazil, with new drilling results extending the resource footprint and reinforcing the project's economic potential.

Pancontinental Energy NL has revealed significant progress in its Namibian Orange Basin exploration, spotlighting a massive 5 billion barrel oil prospect in PEL 87 and advancing farmout efforts to fund upcoming drilling.