Latest Exploration Drilling News

American West Metals has successfully raised A$5.9 million as part of a broader A$14.4 million funding package to advance its Storm Copper Project in Canada, aiming to fast-track exploration and development activities.

Bubalus Resources has secured heritage clearance for a key 40-hectare area at its Yinnietharra Lithium Project, paving the way for exploration drilling at the promising Malinda East target adjacent to a major lithium deposit.

Horseshoe Metals is close to completing infrastructure upgrades at its Horseshoe Lights project, setting the stage for imminent copper Direct Shipping Ore operations and gold processing activities.

Horizon Minerals has raised A$30 million through a two-tranche share placement, strengthening its balance sheet to fast-track exploration and processing upgrades. The capital injection aims to boost resource drilling and refurbish the Black Swan plant ahead of increased gold production.

Canterbury Resources has completed the acquisition of the Jack Shay Project, adding promising copper and nickel prospects to its portfolio and setting the stage for exploration drilling later this year.

Solis Minerals has launched a 2,500-metre diamond drilling campaign at its Chancho al Palo project in Peru, with additional drilling and survey programs advancing across its southern Peru copper-gold portfolio.

Stavely Minerals is set to restart reverse circulation drilling at its Fairview gold prospect in Western Victoria, aiming to validate a major mineralised structure linked to high-grade copper-silver zones nearby. This move reflects a strategic pivot towards gold exploration in response to soaring gold prices.

Polymetals Resources reports steady progress at its Endeavor silver zinc mine with commissioning underway and first cash flow anticipated in June 2025. Mining volumes are ramping up ahead of schedule, setting the stage for a promising production phase.

Waratah Minerals has mobilised a third drill rig to its Spur Gold-Copper Project in New South Wales, targeting high-priority porphyry copper-gold zones and expanding exploration along the Spur Gold Corridor.

Aguia Resources has initiated a 25-hole diamond drilling campaign at its Santa Barbara Gold Project in Colombia, aiming to define a maiden JORC resource and explore extensive vein systems.

Breakthrough Minerals has resolved a critical regulatory issue allowing the Errolls Gold Project acquisition to proceed, with drilling set to begin next quarter targeting high-grade gold extensions.

Tivan Limited has initiated a comprehensive 35,000m drilling program at its Speewah Fluorite Project in Western Australia, aiming to expand its mineral resource and advance feasibility studies ahead of a Final Investment Decision in 2026.