Latest Exploration Drilling News

Auravelle Resources reports standout high-grade gold results from its South Australian projects and outlines a robust exploration agenda targeting major gold deposits nearby.

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.

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.

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.

Flynn Gold has initiated its first-ever diamond drilling program at the historically rich Double Event gold prospect in Northeast Tasmania, following trenching that revealed an extensive mineralised corridor. The drilling aims to validate and expand on promising surface assay results, potentially unlocking significant value for the Golden Ridge Project.

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.

Koonenberry Gold (ASX, KNB) reports promising soil sampling results from its Wilga Flats Project in NSW, revealing a 4.2km gold and base metal anomaly akin to the nearby Cowal Gold Mine. The company aims to progress these targets to drill-ready status backed by a strong cash position.

St Barbara Limited reveals strategic progress on its Simberi Sulphide Expansion and Atlantic Projects, underpinning a robust production outlook and advancing key regulatory approvals.

Flynn Gold Limited has announced a renounceable pro-rata rights issue to raise up to $3 million, partially underwritten by Mahe Capital, to fund exploration drilling across its Tasmanian projects.

Tesoro Gold’s updated Scoping Study for the El Zorro Gold Project in Chile highlights a technically straightforward open pit operation with strong economics, projecting 1.26 million ounces of gold production over 13.5 years.

Tambourah Metals reports exceptional shallow gold intersections at its Tambourah King prospect, reinforcing the project's potential and setting the stage for further exploration and resource estimation.

New Frontier Minerals has appointed GeoDrill Australia to lead its inaugural drilling campaign at the Harts Range Project, targeting a suite of critical minerals vital to modern technologies and energy transition.