Latest Exploration Drilling News

ABx Group has raised A$3 million through a well-supported share placement to advance its Deep Leads heavy rare earths project in Tasmania, aiming to complete key studies and expand exploration.

Astral Resources reports strong initial assay results from its Theia Deposit in-fill drilling, confirming broad gold mineralisation and exceptional high-grade zones that align closely with existing resource models.

Cosmo Metals has received regulatory approval to commence its first-ever drilling program at the Spring Creek prospect within the Bingara Project, aiming to unlock high-grade gold potential along a historically underexplored 12km trend.

Larvotto Resources has reported strong drilling results extending high-grade gold and antimony mineralisation at its Hillgrove project in NSW, confirming continuity at Eleanora and Golden Gate prospects and initiating new exploration at Metz and Freehold.

Coda Minerals has announced a fully underwritten $8.33 million entitlement offer to fund the pre-feasibility study of its Elizabeth Creek Copper-Silver Project, offering shareholders a discounted entry price with attaching options.

Noronex Limited has confirmed deeper, higher-grade copper mineralisation at its Fiesta Project in Namibia through diamond drilling, setting the stage for a substantial 7,000m Reverse Circulation drilling campaign funded by South32.

Victory Metals has identified multiple ultra-high heavy rare earth oxide zones at its North Stanmore project, positioning it as a key future supplier amid soaring global prices. The company plans a major drilling campaign to expand these valuable zones while reducing processing volumes and costs.

Tali Resources has completed its initial reverse circulation drilling program at the West Arunta Project, with assay results expected in the December quarter. The company is advancing further exploration activities backed by government incentives.

Variscan Mines has secured official approval of its Restoration Plan for the Novales-Udias Zinc Project in northern Spain, unlocking the path to mine production restart and extensive exploration drilling.

Chilwa Minerals has verified rare earth elements in its first diamond drill hole at the Mposa anomaly within Malawi’s Chilwa Carbonatite system, marking a significant milestone in its critical minerals exploration program.

Cobre Limited has struck a strategic deal with Sinomine International Exploration, securing up to A$3 million in funding and an option for Sinomine to acquire a 70% interest in the Okavango Copper Project in Botswana.

Savannah Goldfields Limited is poised to restart gold production in 2025 at its Georgetown and Agate Creek sites, backed by solid ore reserves and ambitious exploration plans to extend mine life.