Latest Exploration Drilling News

Regis Resources Limited delivered a strong FY25 with record revenue and net profit, becoming debt-free and declaring a dividend, while advancing its underground growth strategy. However, its McPhillamys Gold Project faces a significant legal hurdle following a heritage protection declaration.

Regis Resources Limited delivered a standout FY25 with record revenue and profit, driven by unhedged gold sales and underground growth, while confronting a significant legal challenge over its McPhillamys Gold Project.

Ausgold Limited has resolved a long-standing legal dispute by acquiring critical freehold land for its Katanning Gold Project, unlocking new drilling opportunities and prompting a re-optimisation of its feasibility study.

Lion Rock Minerals confirms exceptionally pure rutile nuggets at its Minta Rutile Project in Cameroon, with independent verification supporting broad titanium industry applications. Exploration results reveal a growing mineralised footprint exceeding 2,750 km², positioning Minta as a globally significant rutile province.

Vault Minerals reports a robust FY25 with A$1.43 billion revenue and a net profit of A$237 million, driven by full-year integration of Silver Lake Resources and operational advances. The company outlines a strategic two-stage expansion at King of the Hills and maintains a strong cash position post debt repayment.

Carnaby Resources has completed its acquisition of the Trekelano mining leases, advancing exploration and integration efforts within its Greater Duchess Copper Gold Project.

Kaili Resources addresses ASX price query following a dramatic surge in its share price and trading volume, attributing the movement to its recent rare earth element drilling approval in South Australia.

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.