Latest Exploration Drilling News

Emerald Resources NL has posted a record after-tax profit of A$87.6 million for FY25, driven by robust gold prices and steady output at its Okvau Gold Mine. The company also reported significant resource expansions at its Memot and Dingo Range projects, while achieving a debt-free status.

Far East Gold Limited has identified new gold-bearing quartz vein zones at its North Bermol prospect, extending the mineralised corridor and boosting exploration potential within the Idenburg Project.

QX Resources has acquired 100% of the Madaba Uranium Project in Tanzania, a site with promising historical uranium grades, and is raising $2.3 million to advance exploration and development.

Ballard Mining reports strong infill and extensional drilling results at its Mt Ida Gold Project, confirming and potentially expanding the high-grade Baldock resource. The ongoing program aims to upgrade resource confidence and supports future development plans.

Mammoth Minerals has initiated the second phase of exploration at its Excelsior Gold-Silver Project in Nevada, leveraging a pioneering 3D underground survey of the historic Blue Dick Mine to guide upcoming drilling.

29Metals Limited has reversed a significant loss to report a $35.3 million net profit for the first half of 2025, driven by stronger production at Golden Grove and improved metal prices, while Capricorn Copper remains suspended amid ongoing water and regulatory challenges.

Ora Banda Mining Ltd delivered a standout FY25 with net profit soaring 575% to $186 million, driven by record gold production and successful underground mine expansions. The company sets ambitious FY26 targets amid strong operational momentum.

Legacy Minerals has secured NSW Government approval to recommence drilling at its Mt Carrington gold-copper project, unveiling fresh geophysical targets and backed by a recent $7.75 million capital raise.

Power Minerals Limited reports exceptional high-grade rare earth and niobium intersections from shallow drilling at its Santa Anna Project in Brazil, reinforcing its potential for a significant mineral resource.

Odyssey Gold Limited has reported preliminary metallurgical test results from its Tuckanarra Gold Project, revealing strong gold recoveries across oxide and fresh sulphide ores. These findings support the potential for ore processing at Monument Murchison’s Burnakura plant under their joint venture.

Pilbara Minerals has released an updated Mineral Resource Estimate for its Colina Lithium Project in Brazil, consolidating its 100% ownership following the Latin Resources acquisition. The estimate confirms a substantial lithium oxide resource supporting open pit mining prospects.

Pivotal Metals has identified multiple undrilled electromagnetic conductors at its Lorraine Project in Quebec, alongside an extension of a high-grade gold corridor, setting the stage for a significant exploration campaign.