Latest Geology And Drilling News

Reach Resources Limited (ASX: RR1) has announced a 30% increase in the Mineral Resource Estimate for its Blue Heaven deposit at the Murchison South Gold Project, now totaling 80,000 ounces of gold at an improved grade of 3.0 g/t Au. The near-surface resource supports potential open pit mining with high metallurgical recovery and favourable infrastructure access.

BPM Minerals has commenced a significant 7,500m drilling program at its Beachcomber Prospect, targeting high-grade gold extensions, while preparing for a heritage survey at Bonnie & Clyde to enable maiden drilling later this year.

Emu NL’s Stage 1 drilling at Fiery Creek confirms a significant copper-silver mineral system, refining targets and boosting confidence for the 2026 Yataga Valley drilling campaign.

FIN Resources has initiated a 1,500-metre diamond drilling campaign at its newly acquired Cabin Lake Gold Project in Canada’s Northwest Territories, targeting high-grade gold zones identified through recent geological analysis.

Rimfire Pacific Mining is on track to deliver its maiden Murga scandium Mineral Resource Estimate by the end of March 2026, buoyed by promising assay results highlighting broad mineralisation and a potentially cheaper processing route.

TechGen Metals has commenced drilling at its Mt Boggola Project in Western Australia, focusing on four promising copper and gold targets identified by geophysical and geochemical surveys. The campaign aims to unlock shallow mineralisation with a combination of reverse circulation and diamond drilling.

Forrestania Resources has completed diamond drilling at its Lady Lila project and initiated drilling at British Hill, marking key steps in its strategy to build a multi-asset gold portfolio in Western Australia.

Helios Energy has marked a key milestone with its first oil and condensate sales from the Presidio Oil Project in Texas, signaling a shift from exploration to early-stage production. The company is now focused on securing funding for further development and drilling activities.

Ragusa Minerals has executed a binding agreement to acquire a majority interest in the Purple Pansy manganese-gold project in Arizona, expanding its landholding and raising $600,000 to fund exploration.

Adelong Gold has completed six diamond drillholes at its Comet prospect with assays pending, confirming key geological structures. Drilling has now started at the nearby Yankee-Trojan prospect, signalling ongoing momentum in its Victorian gold exploration.

Eminence Minerals has engaged Brazilian consultancy GE21 to conduct a strategic technical review of its Campo Grande rare earth project, aiming to pave the way for a formal resource estimate and development studies.

Midas Minerals has reported a significant new high-grade copper and silver find at its Spaatzu Prospect within Namibia’s Otavi Copper Project, marking a promising expansion near the established T-13 deposit.