Latest Exploration Drilling News

Augustus Minerals has raised $2.5 million through a share placement to fast-track drilling at its flagship Music Well project and advance exploration across its Western Australian and Papua New Guinea assets.

Skylark Minerals has exercised its option to acquire 100% of the Vavoua Project for A$150,000, expanding its Côte d’Ivoire footprint near the Abujar Mine with promising historical gold results.

Coda Minerals has launched critical drilling and environmental programmes at its Elizabeth Creek Copper-Silver Project, underpinning its Pre-Feasibility Study and potential resource expansion.

Condor Energy has submitted its application to convert the offshore Tumbes Basin TEA 86 into a Licence Contract, securing 100% ownership and expanding its prospective resources to over 3.3 billion barrels of oil and 1 Tcf of gas.

Pioneer Minerals has appointed Alaska Midnight Sun Drilling for its first reverse circulation drill campaign at the Springfield Tungsten, Gold and Gallium Project in Idaho, targeting high-grade multi-commodity mineralisation in Q3 2026.

Haranga Resources has wrapped up its underground drilling at the Lincoln Gold Project, delivering standout high-grade assays and setting the stage for a maiden JORC Mineral Resource Estimate next week.

Classic Minerals has restated its 80% beneficial interest in the Forrestania Gold Project, emphasizing that recent acquisitions by Forrestania Resources do not affect its rights, which remain protected amid ongoing Supreme Court litigation.

Unity Metals has extended its gold discoveries at the Ngot Gold Project in Cambodia, hitting mineralisation in all four drilled prospects with notable results near the Okvau Mine.

Oceana Metals is launching a major drilling and re-assaying campaign at its Serra Negra Rare Earths Project in Brazil, aiming for an initial resource estimate later in 2026.

European Resources Limited has closed a renounceable rights issue raising $2.57 million before costs, issuing 171.4 million new shares and options to fuel exploration and metallurgical programs in Finland and Slovakia.

Diamond drilling at Aldoro Resources’ Kameelburg project in Namibia confirms a significant niobium-rich zone extending to the northeastern edge of the carbonatite intrusion, refining the mineralised core’s limits ahead of a resource update.

Black Bear Minerals has boosted its Independence Project resource in Nevada to 2.2 million ounces gold equivalent, including a standout 1Moz high-grade skarn at 6.3g/t gold, achieved at a mineral growth cost of just AU$4.71 per ounce.