Latest Exploration Drilling News

Caprice Resources has raised $7 million through a discounted share placement led by major Australian institutions, positioning the company to accelerate exploration at its Murchison Gold Projects and West Arunta Project.

Advance Metals has secured approvals to expand diamond drilling at its Myrtleford Project, targeting extensions of high-grade gold mineralisation along the Happy Valley Trend. The program includes new holes at multiple prospects and follows impressive assay results from earlier drilling.

Metal Hawk Limited has expanded its gold mineralised footprint at Leinster South with new high-grade surface assays and is set to commence a significant drilling program supported by government co-funding.

Core Energy Minerals has secured all necessary permits to launch its maiden aircore drilling campaign at the Cummins Uranium Project in South Australia, targeting a significant paleochannel system with historic uranium mineralisation.

Estrella Resources has intersected 6.45 meters of massive manganese oxides in its first-ever drillhole in Timor-Leste, confirming the region’s untapped mineral potential and setting the stage for an extensive follow-up drilling campaign.

Dart Mining has completed the first phase of diamond drilling at its Triumph Gold Project, revealing nine new zones of sulphide mineralisation and setting the stage for a potential resource upgrade.

AusQuest Limited has initiated an extensive geophysical survey at its Coober Pedy IOCG Project in South Australia, aiming to pinpoint drilling targets within a world-class mineral province. Results expected in 8-10 weeks will guide exploration plans for later in 2025.

Copper Search Limited has announced a non-renounceable entitlement offer to raise approximately $504,364, issuing new shares at $0.017 each with attaching options exercisable at $0.034 until mid-2027. The capital raising aims to support exploration drilling and business development across its Australian mineral projects.

Sipa Resources has completed key heritage surveys and submitted environmental approvals, setting the stage for maiden drilling at its South Australian gold projects near the 1.6 million ounce Tunkillia deposit.

Redstone Resources has secured $600,000 through a private placement to fund a deep drilling campaign at its West Musgrave Copper Project, aiming to uncover a potentially game-changing copper-nickel deposit beneath the Tollu veins.

Locksley Resources has secured $1.47 million through a heavily subscribed placement to fund a critical minerals exploration campaign at its Mojave Project in California, targeting rare earth elements and antimony.

Western Mines Group has raised $1.287 million through a strategic placement to fast-track exploration at its flagship Mulga Tank project, signalling renewed momentum in its nickel and precious metals ambitions.