Latest Exploration Drilling News

Midas Minerals has raised $11.5 million through a strongly supported placement to fund its acquisition and exploration efforts at the Otavi Copper Project in Namibia.

Savannah Goldfields has initiated a targeted drilling campaign at its Big Reef Extended Prospect, aiming to expand gold resources and support imminent mining plans at the Georgetown Gold Project.

EV Resources has made significant strides at its Los Lirios Antimony Project in Mexico, completing key infrastructure and identifying multiple high-grade drill targets as it moves closer to resource definition.

Paladin Energy Ltd has launched a significant A$300 million underwritten equity raising to advance its Patterson Lake South uranium project and support the ramp-up of its Langer Heinrich Mine, reinforcing its position in the global uranium market.

Power Minerals Limited has reported the highest rare earth element grades to date from re-assayed drill samples at its Santa Anna Project in Brazil, significantly enhancing the project's resource potential.

Paladin Energy has launched a fully underwritten A$300 million equity raising to advance its Patterson Lake South uranium project, aiming for a Final Investment Decision and first production by 2031.

Lincoln Minerals has expanded its exploration footprint at the Minbrie Copper-Base Metals Project, identifying two new drill-ready targets and confirming a large-scale multi-metal sulphide system stretching over 7km. Fully funded for drilling, the company aims to unlock significant growth potential in South Australia’s Eyre Peninsula.

New Hope Corporation has updated its 2025 coal resources and reserves, highlighting a significant increase at West Muswellbrook due to a new geological model, while overall reserves remain steady.

New Hope Corporation Limited posted a slight dip in revenue and net profit for FY2025 but achieved a notable 18% rise in saleable coal production, driven by growth at New Acland Mine and steady output at Bengalla Mine.

Estrella Resources reports further high-grade manganese intersections at its Ira Miri prospect in Timor-Leste, while preparing for limestone drilling at Werumata pending environmental approvals.

Riversgold Limited has partnered with Canadian AIS Resources to advance its Saint John Project, enabling AIS to earn up to 75% by funding exploration and drilling over four years while Riversgold retains a 25% free-carried interest.

Solstice Minerals is set to commence a maiden 5,000m drilling program at its Nanadie Copper-Gold Project in Western Australia, aiming to significantly expand its current mineral resource. The initial phase targets lateral and depth extensions of a substantial copper-gold system with promising geological indicators.