Latest Exploration Drilling News

Aeris Resources has reported a robust half-year performance with a 62% jump in profit, a successful $101.6 million equity raise, and a strategic divestment of North Queensland assets. The company also announced plans to acquire Peel Mining’s South Cobar Copper Project, signaling an aggressive growth trajectory.

Alkane Resources has identified a significant gold-bearing seismic reflector beneath its Roswell deposit at Tomingley, alongside multiple high-grade zones in the Western Monzodiorite domain, signalling promising resource expansion prospects.

Dreadnought Resources has identified seven large-scale gold prospects at its Mangaroon Gold Project in Western Australia, setting the stage for drilling campaigns in the second half of 2026. Early soil sampling reveals extensive gold anomalies, signalling promising exploration upside.

Morella Corporation has raised A$2.1 million through a placement to fund drilling at its Mt Edon Rubidium–Lithium Project, marking a key step toward defining a maiden mineral resource estimate.

Metal Bank Limited has intersected thick, high-grade near-surface graphite adjacent to its Millennium copper-cobalt-gold resource in northwest Queensland, potentially adding a valuable critical mineral to the project.

Vital Metals has reported exceptional surface assay results from its Nechalacho Rare Earths and Niobium Project in Canada, revealing ultra-high-grade mineralisation beyond its flagship Tardiff deposit. These findings underpin an aggressive resource expansion strategy ahead of a 2027 Pre-Feasibility Study.

Perenti Limited reported steady half-year revenue of $1.73 billion with a 10.9% increase in net profit, underpinned by a $300 million Dalgaranga contract and growing drilling services in the US. The company also announced an unfranked interim dividend and a CEO transition underway.

McLaren Minerals has kicked off a major drilling campaign at its McLaren Titanium Project aiming to upgrade resource classifications and expand its substantial 529 million tonne resource base. The program is a critical step toward advancing the project’s development and future feasibility studies.

Tivan Limited has initiated comprehensive geophysical surveys across its Molyhil Tungsten and Sandover Fluorite Projects, aiming to refine exploration targets and guide drilling in 2026. The program includes advanced airborne and ground surveys designed to reveal new mineralisation beneath cover.

3D Energi has announced two significant gas discoveries in the Otway Basin, validating its exploration models and advancing regulatory approvals. The company is now considering a follow-up well that could unlock further value in the region.

Cauldron Energy has reported a significant 32% increase in uranium resources at its Yanrey Uranium Project, highlighted by a maiden Mineral Resource Estimate for Manyingee North and an upgraded resource at Manyingee South.

Norwest Minerals has reported robust gold assay results from its Phase 2 drilling at the Bulgera Gold Project, confirming mineralisation continuity at depth and setting the stage for a resource upgrade.