Latest Exploration Drilling News

Global Lithium Resources is set to unlock value from its gold assets by spinning them out into a new ASX-listed company, MB Gold, targeting a $6 million IPO in early 2026.

Catalina Resources has completed its acquisition of the Beasley Creek Gold Project, gaining full ownership of a highly prospective gold tenure in Western Australia’s Pilbara region.

CZR Resources has completed a $75 million sale of its Robe Mesa iron ore interest, emerging debt free with $76.3 million in cash to fund aggressive exploration at its Croydon gold and Edamurta copper projects.

Golden Deeps Ltd has raised $3.54 million through an oversubscribed placement to accelerate exploration and drilling at its Otavi Mountain Land Critical Metals Projects in Namibia, focusing on the high-grade Graceland Prospect.

Ballard Mining advances its Mt Ida Gold Project with strategic land acquisitions, new mining lease applications, and a pending water licence increase, underpinning plans for a decade-long mine life.

Corazon Mining has completed its acquisition of the Two Pools Gold Project, alongside a $2 million capital raise and a significant share consolidation, positioning itself for accelerated exploration in Western Australia’s prolific Gascoyne region.

Mount Burgess Mining has completed a $900,000 placement at a premium to recent trading prices, setting the stage for upcoming gold exploration drilling at its Viking and Blair North prospects.

Javelin Minerals has locked in a $25 million mining and funding agreement with MEGA Resources, boosting its Eureka Gold Project resources and setting sights on production by mid-2026. The company also raised $4.5 million to accelerate exploration at its key WA gold assets.

Aguia Resources has revealed a significant new gold vein discovery at its Santa Barbara project in Colombia, alongside operational upgrades that have markedly improved gold recovery and production quality.

Metro Mining Limited achieved record quarterly bauxite shipments with improved cost efficiency, yet a recent operational outage and river constraints have prompted a downward revision of its 2025 production forecast.

Native Mineral Resources reports a successful ramp-up of gold production at its Blackjack plant, delivering nearly 700 ounces of refined gold and securing $10 million in fresh capital to fuel ongoing operations and exploration.

Iron Road Ltd progresses its Central Eyre Iron Project and Mulgathing heavy mineral sands exploration despite subdued iron ore investment and volatile energy costs. Strategic land options secured at Cape Hardy signal potential green hydrogen collaboration.