Latest Exploration Drilling News

Horizon Gold Limited has announced a $7 million non-renounceable entitlement offer alongside a $5 million placement to fund its Gum Creek Gold Project and repay debt. The offer opens on 29 July and closes on 12 August 2025.

Horizon Gold Limited has raised $12 million through a placement and entitlement offer to advance its Gum Creek Gold Project feasibility study and resource drilling, signaling strong investor confidence amid rising gold prices.

Blaze Minerals has completed its acquisition of an 80% interest in the Loulombo Base Metals Project in the Republic of the Congo and is advancing preparations for its maiden drilling campaign.

RareX Limited has successfully raised A$2 million through a share placement at a premium, positioning itself to advance exploration and development across key rare earths projects in Australia and Kenya.

Lode Resources has received initial tin assay results from its ongoing drilling at the Montezuma Antimony & Silver Project, significantly enhancing previously reported high-grade intercepts and underscoring the polymetallic nature of the deposit.

Aurelia Metals has successfully met its FY25 production and cost guidance, driven by a strong ramp-up at Federation Mine and the start of development at Great Cobar. The company’s solid quarterly performance underpins its growth ambitions for FY26.

AIC Mines has delivered strong FY25 production and financial results while securing key contracts and financing to expand its Eloise processing plant and advance the Jericho copper deposit development.

Warriedar Resources has reported strong assay results from diamond drilling at its Ricciardo deposit, revealing wide, high-grade gold and antimony mineralisation that surpasses current resource estimates and signals significant growth potential.

Pantoro Gold capped FY2025 with robust production and cashflow, eliminating debt and setting ambitious growth targets for FY2026 at its Norseman Gold Project.

MRG Metals Limited has announced a non-renounceable pro-rata entitlement offer to raise approximately $818,000, aiming to fund exploration and development activities across its heavy mineral sands projects in Mozambique.

Sipa Resources has successfully raised A$1.61 million through a strongly supported placement, positioning the company to advance multiple gold exploration projects across South Australia and Western Australia.

Ordell Minerals has raised $3.85 million through a discounted share placement to accelerate drilling at its Barimaia Gold Project and initiate exploration at Goodia and Fisher South in Western Australia.