Latest Exploration Drilling News

Manuka Resources has revised its exploration target disclosures to comply with JORC standards and announced an accelerated gold drilling program targeting extensions at Mt Boppy and shallow mineralisation at Pipeline Ridge, with results expected early 2026.

RareX Limited has completed heritage clearance at its Khaleesi Project, paving the way for a 3,000m drill campaign targeting extensive high-grade gallium-rich clays and rare earth mineralisation in early 2026.

Belararox Ltd has signed a drilling contract with Boart Longyear, setting the stage for deep diamond drilling at its TMT Project in Argentina. Concurrent geophysical surveys are refining targets ahead of planned Q4 2025 drilling.

Polymetals Resources has restarted mining and milling at its Endeavor silver zinc mine following a tragic accident, with shipments and exploration activities ramping up.

Magmatic Resources has launched a $3.5 million exploration drilling program at its Myall FJVA Project in partnership with Fortescue, targeting promising gold-copper porphyry deposits. The program includes both aircore and diamond drilling, alongside a geophysical survey, with initial results expected in early 2026.

Bubalus Resources has completed maiden drilling at its Crosbie North and South gold projects, submitting core samples for assay with results expected in December. The company also secured a drill rig for Avon Plains and extended its Syndicate Minerals option agreement to 2026.

AuMEGA Metals has initiated a fully funded diamond drilling program targeting a large, previously untested electromagnetic anomaly adjacent to its high-grade Central Zone gold deposits at Cape Ray, Newfoundland. This move could unlock a new gold-bearing trend within the district-scale project.

Rox Resources has successfully raised approximately A$200 million through a major institutional placement, securing full equity funding for the development of its Youanmi Gold Project. Supported by cornerstone investors and existing shareholders, the company is positioned to advance construction and begin gold production by mid-2027.

DPM Metals delivered record third quarter financial results driven by strong free cash flow and adjusted net earnings, while its recent acquisition of Adriatic Metals' Vareš operation promises higher-than-expected production in 2026.

Alvo Minerals reports promising trenching results at its Touro Prospect within the Palma Copper-Zinc Project, revealing significant surface mineralisation consistent with VMS deposits and prompting immediate drilling plans.

Alkane Resources reports a strong first quarter for FY2026, driven by its recent acquisition of Mandalay Resources, boosting gold equivalent production and revenue significantly.

Matsa Resources has officially commenced gold production at its Devon Pit Gold Mine, marking a significant step forward in its Lake Carey Gold Project. With maiden reserves confirmed and a robust option agreement in place with AngloGold Ashanti, the company is poised for growth amid ongoing exploration success.