Latest Exploration Drilling News

Mount Burgess Mining NL has inked binding agreements to acquire two promising high-grade gold projects in Western Australia, setting the stage for exploration drilling in late 2025 backed by a $900,000 capital raise.

Lode Resources has reported a second batch of high-grade drill results from its Montezuma Antimony & Silver Project in Tasmania, revealing significant polymetallic mineralisation and promising bulk tonnage potential.

Siren Gold has raised $4 million through a well-supported placement to accelerate drilling and testing at its flagship Sams Creek Gold Project, alongside exploration at Langdons and Queen Charlotte.

Patriot Battery Metals has reported a significant mineral resource upgrade at its Shaakichiuwaanaan Property, reaffirming its position as a leading lithium and caesium explorer. The company also progressed its lithium-only feasibility study and environmental assessments while maintaining a strong financial position.

Great Western Exploration’s recent gravity survey at the Oval Targets in Western Australia reveals a promising core of a large VHMS copper-gold system, prompting plans for a deep drill test supported by government funding applications.

Petratherm Limited advances its Rosewood Titanium Project with the appointment of a seasoned project development head and an increased stake in a key joint venture, alongside promising metallurgical test results.

Savannah Goldfields has updated its Agate Creek Mineral Resource to 422,000 ounces of gold, reflecting improved confidence and a shift to a more robust estimation method. The combined Agate Creek and Georgetown Projects now hold over half a million ounces of gold.

Resouro Strategic Metals reports a significant update to its Tiros project resource alongside a reduced quarterly loss, highlighting progress in its Brazilian exploration assets.

Barton Gold Holdings has commenced diamond drilling at its Tolmer prospect, unveiling some of the highest-grade silver and gold intersections globally in 2025. This program aims to deepen structural understanding and unlock further exploration potential across a 1.5km mineralised footprint.

Forrestania Resources has signed a binding option agreement to acquire 100% of Hyden Project Holdings, adding nearly 300,000 ounces of gold resources in Western Australia to its portfolio. The move aligns with its strategy to expand in the Forrestania gold region, with a major drilling program planned.

Westgold Resources projects a rise in gold production to 345-385koz in FY26, backed by significant capital investment and operational improvements aimed at boosting free cash flow.

BMG Resources has secured $600,000 through a strategic share placement to advance its Western Australian gold projects, focusing on a scoping study at Abercromby and further drilling at Bullabulling.