Latest Geology And Drilling News

Venari Minerals has moved Red Mountain from grassroots discovery to a 3.03Mt lithium carbonate equivalent inferred resource, backed by 99.5% battery-grade lithium carbonate test work. The next test is commercial rather than geological, with drilling, permitting and a planned Scoping Study now competing against a large loss and ongoing funding needs.

New Talisman Gold Mines has outlined a conceptual exploration target of up to 550,000 ounces of gold beyond its existing 350,000-ounce gold-equivalent resource at the Talisman Project. The company now plans 18 to 20 drillholes in calendar Q1 2027 to test six priority mineralised structures.

Empire Resources has identified four magnetic anomalies and prioritised two for drilling at its renamed Bradley Well project in Western Australia. Historical copper intercepts provide geological clues, but the targets remain untested and drilling timing depends on rig availability.

Black Horse Mining has uncovered a new high-grade gold zone at its Mt Egerton project, revealing a previously overlooked west-dipping fault lode with grades exceeding 10 g/t Au. Planned drilling aims to test the down-dip continuity and expand target areas.

Olympio Metals is set to acquire an 80% stake in the Jacknife High-Grade Silver Project in Idaho, leveraging patented mining claims and a local partner to accelerate exploration in a historically prolific silver district.

Sentinel Metals’ first diamond drill hole at Montana’s Columbia Project reveals a robust 46.8m intercept averaging 5.5 g/t gold, including a standout 13.5m at 16.6 g/t, confirming mineralisation extends into fresh rock below historical drilling depths.

Azzuro Resources' 3D gravity inversion at Red Hill uncovers a continuous high-density body extending well below existing drill levels, highlighting new down-plunge and southwest targets for imminent drilling.

Patriot Resources has independently confirmed the reliability of historical assay data at its Tassa Silver-Gold Project in Peru, reinforcing confidence in its 31.4Moz inferred resource and clearing regulatory hurdles ahead of a maiden drill campaign.

Dundas Minerals has delivered high-grade gold assay results from 1m re-assays at its Rockland project near Kalgoorlie, validating a mineralised corridor extending over 2km from Capricorn through Rockland. The company is gearing up for extensive drilling to test depth extensions and linkages along this emerging gold system.

McLaren Minerals reports exceptional heavy mineral assay results from its ongoing drilling at the McLaren Titanium Project, with bonanza grades up to 34.6% HM and promising extensions beyond current resources.

Redstone Resources has secured a 100% stake in a suite of greenfields exploration projects across Western Australia, gaining exposure to gold, lithium, copper, and base metals with immediate drilling approvals at key sites.

Austin Metals has kicked off a significant reverse circulation drilling campaign at its Austin Gold Project, aiming to test fresh BIF-hosted gold targets at Brunswick Hill and extensions at Mt Sandy in Western Australia.