Latest Macquarie Arc News

Exultant Mining has kicked off its first drilling campaign at the Balerion Prospect in NSW, intersecting promising sulphide mineralisation while expanding tenure at Black Hammer with the Swatchfield licence grant.

Koonenberry Gold (ASX:KNB) bolstered its NSW portfolio by acquiring the Gundagai Gold-Copper Project and delivering strong drill results at Enmore and Junee JV, positioning for an active exploration phase.

Kingfisher Mining has completed extensive drilling at its Broken Hill Project, delivering high-grade copper-gold assays that push the Copper Blow project closer to a maiden resource estimate while progressing a strategic partnership with Broken Hill Mines.

Waratah Minerals has completed the A$1 million acquisition of the Ironclad Mining Lease in New South Wales, expanding its strategic Spur Gold Project footprint with a high-grade, historically significant gold asset. The company is accelerating exploration with diamond drilling and plans to scale up its rig fleet to unlock the lease’s potential.

Koonenberry Gold (ASX:KNB) has pinpointed a significant near-surface porphyry copper-gold target at its Dunedoo Project in NSW, backed by robust geological, geophysical, and geochemical data. Drill permits are secured for a Q3 2026 campaign targeting multiple priority prospects including Bolinda Vale, Hillside, and Tucklan.

LinQ Minerals has pinpointed a significant geophysical drill target south of its Gidginbung gold deposit, hinting at a potential 2km strike extension. Concurrently, reinterpretation of the Dam deposit suggests it may be part of a larger, blind porphyry system to the north, with drilling plans in motion for both targets.

Kingfisher Mining has completed significant drilling at its Broken Hill projects, confirming promising copper-gold and silver-lead-zinc mineralisation, with assay results due soon and further exploration planned.

LinQ Minerals has reported substantial gold and copper intersections at its Dam deposit, extending the high-grade core downdip by 100 metres and uncovering a new gold-rich zone outside the current resource boundary. The latest drilling results reinforce the potential for resource expansion within the Gilmore Project.

Adavale Resources has agreed to sell its Marree Embayment uranium licences to Orpheus Uranium for $650,000 cash and 5 million shares, sharpening its focus on a 166,000-ounce gold resource in New South Wales.

Koonenberry Gold’s maiden diamond drilling at Postman’s Gully within the Enmore Project has confirmed substantial gold mineralisation associated with the Borah Fault, revealing promising intersections up to 12m at 1.02g/t Au and extending mineralisation open in multiple directions.

Altitude Minerals is gearing up for significant drilling campaigns in New South Wales and Nevada, backed by a recent $1.15 million capital raise to fund exploration and project advancement.

Adavale Resources has boosted its Parkes Project gold resource by 44% to 166,000 ounces through a 100% scrip acquisition of the Calarie mining licence and three exploration licences, consolidating its belt-scale position in NSW’s Lachlan Fold Belt.