Latest Exploration Drilling News

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.

Gateway Mining’s latest aircore drilling at the Yandal Gold Project reveals significant high-grade gold mineralisation near the bottom of holes along key shear structures, expanding the known gold system.

Evolution Energy Minerals has resumed soil sampling at its Chikundo Copper Project in Tanzania, moving closer to a planned drilling campaign in 2026. The latest phase aims to refine drill targets and accelerate exploration progress.

Talonx Resources has secured shareholder approval for two high-grade gold project acquisitions and extinguished $4.7 million in legacy debt, while completing drilling at its Viking Gold Project with assay results due soon.

Mithril Silver and Gold has commenced a 3,300-metre maiden drill program at Target 3 within its Copalquin gold-silver district in Mexico, aiming to test mineralisation continuity and scale following promising historic sampling results.

MetalsTech Limited has successfully raised approximately $9.4 million through a share placement, alongside a $2 million debt conversion, to fast-track its Sturec Gold Project in Slovakia.

Terrain Minerals has restarted its reverse circulation drilling campaign at the Smokebush Gold & Silver Project in Western Australia, aiming for a maiden resource estimate by mid-2026. The program targets the Lightning and Wildflower prospects with over 6,800 metres planned.

Catalyst Metals has reported its highest quarterly gold production at the Plutonic Gold Belt, while settling a longstanding legal dispute that unlocks accelerated development at its K2 deposit.