Latest Exploration Drilling News

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.

West African Resources Limited has unveiled an updated 10-year gold production plan, projecting a peak output of 569,000 ounces in 2029 supported by 12.2 million ounces in Mineral Resources and 6.5 million ounces in Ore Reserves.

Everest Metals Corporation has secured regulatory approval to begin mining at its Mt Dimer Taipan Gold & Silver Project, targeting production commencement in late 2025. The project’s inferred resource and ongoing contract negotiations position EMC for a promising small-scale operation.

Peel Mining Limited has updated its mineral resource estimates, highlighting a robust 22.9 million tonnes at 2.20% copper equivalent across its South Cobar Project. The company is advancing pre-feasibility studies and exploration drilling at key deposits, positioning itself as a significant player in the Cobar Basin copper hub.

Enova Mining has raised $0.85 million to fund a diamond drilling campaign targeting high-grade rare earth elements at its East Salinas Project in Brazil, signaling strong investor confidence and advancing its critical minerals portfolio.

Koonenberry Gold has expanded the mineralised zone at its Enmore Gold Project in NSW to approximately 260 metres strike, revealing promising bulk tonnage and high-grade gold potential. The company is set to launch a fully funded +10,000-metre Phase II drilling campaign in late August to explore extensions and new targets along a 2km prospective corridor.