Latest Exploration Drilling News

Brightstar Resources has signed a pivotal Memorandum of Understanding with Paddington Gold, setting the stage for open pit mining at the Lady Shenton deposit starting early 2026. This agreement promises to significantly boost production and de-risk the Menzies Gold Project.

Warriedar Resources has successfully closed an oversubscribed Share Purchase Plan, raising $9.1 million; well above its initial $2 million target; and securing a total of $21 million in funding to accelerate exploration at its Golden Range Gold Project.

Brightstar Resources reports compelling new gold assay results from its Sandstone Hub drilling, highlighting significant mineralisation at the Bull Oak deposit and promising early-stage findings at Sandstone North.

Pivotal Metals has expanded its exploration footprint at the Lorraine property in Quebec with a high-resolution magnetic survey, revealing new structural targets and potential mineralised intrusions. This development enhances the prospects for high-grade gold and copper-nickel-PGM discoveries in a prolific Canadian greenstone belt.

Sierra Nevada Gold’s recent auger sampling at New Pass reveals promising gold grades in historic tailings, bolstering plans for mine reactivation and processing trials.

Koonenberry Gold has reported strong assay results from its sixth drillhole at the Enmore Gold Project, confirming extended and continuous gold mineralisation. The company plans a fully funded follow-up drilling program to further expand this emerging discovery in NSW.

Sipa Resources has secured key environmental approvals to begin drilling at its newly acquired South Australian gold projects, signaling a major step forward in its exploration plans.

North Stawell Minerals Ltd (ASX – NSM) has opened a $2.1 million non-renounceable entitlement offer to fund key gold exploration projects in Victoria. This follows a $1.5 million placement, together raising $3.6 million to advance drilling and development.

Javelin Minerals is fast-tracking mining at its Eureka Gold Project, targeting 34,000 recoverable ounces from a granted Mining Lease within 12 months. Advanced contractor talks and promising drilling results underpin this push in a buoyant gold price environment.

Cosmo Metals has revealed significant new gold lode extensions at its Nundle Goldfield project in NSW, following interpretation of preliminary LiDAR survey data. The findings highlight underexplored potential in historic mining areas, setting the stage for targeted drilling.

Renergen Limited reports steady LNG production despite maintenance downtime, progresses a strategic merger with ASP Isotopes, and advances exploration with new seismic data and drilling activity.

Blaze Minerals has inked a binding deal to acquire a major interest in the Loulombo Base Metals Project in the Republic of Congo, backed by a $2.52 million capital raise to fund exploration and development.