Latest Exploration Drilling News

Tivan Limited has upgraded its Speewah Fluorite Project resource, confirming it as one of the world’s largest high-grade fluorite deposits with significant growth potential. The update supports imminent feasibility study milestones and further drilling plans.

IRIS Metals has raised $5.5 million through a strongly supported placement to accelerate development of its critical minerals portfolio in the United States, including early sales from its Beecher Project.

Sierra Nevada Gold Inc (ASX – SNX) reports compelling rock chip sampling results at its As Safra Copper-Gold Project in Saudi Arabia, confirming historic high-grade mineralisation and identifying priority drill targets ahead of a planned 5,000m drilling campaign.

Matsa Resources reported solid progress at its Lake Carey Gold Project, delivering $11.73 million in gold sales and initiating new exploration drilling to boost its resource base.

Nagambie Resources has entered a binding joint venture with Alkane Resources to develop its significant antimony-gold discovery, backed by a $4 million capital injection and a clear path to production.

Beacon Minerals delivered a strong December quarter with increased gold production and improved recovery rates, while progressing key mining and exploration activities at the Lady Ida Gold Project.

Savannah Goldfields has resumed gold production at its Georgetown plant with strong sales and exploration results, backed by a $15 million capital raise to fuel growth and new project development.

Austral Resources has acquired the Lady Loretta mine from Glencore for A$45.5 million, significantly expanding its copper resource base and strengthening its cash position. This strategic move consolidates tenure adjacent to the Lady Annie Copper Mine and supports Austral’s ambition to become a mid-tier copper producer in North-West Queensland.

American West Metals has reported a substantial expansion of its Storm Copper Project resources in Canada alongside promising critical metals discoveries at its West Desert Project in Utah, underpinning its strategic growth and US market engagement.

Redcastle Resources has reported exceptional high-grade gold assay results from its ongoing grade control drilling at Redcastle Reef, alongside key regulatory progress that paves the way for mining to commence mid-2026.

Manuka Resources has secured a US$22.5 million loan facility and completed a A$15 million capital raise, positioning itself for a production restart in late Q2 2026 amid soaring silver and gold prices.

Aguia Resources has secured critical financing and advanced key projects in Brazil and Colombia, setting the stage for phosphate production in early 2026 and improved gold output. Meanwhile, the company streamlines operations and divests non-core assets to sharpen its focus.