Latest Mineral Resource Drilling News

Patagonia Lithium’s latest drilling at Formentera reached 401m, revealing promising lithium concentrations at shallower depths but encountering low-porosity clays that limited further progress. The findings refine the company’s geological understanding and set the stage for upcoming drilling.

Turaco Gold has received all assay results from its recent drilling at the Anuiri and Jonction deposits, confirming resource model confidence and signalling expected growth in the Afema Project’s mineral resources.

American Tungsten & Antimony Ltd is set to submit a Notice of Intent for its first diamond drilling program at the Tennessee Mountain Tungsten Project in Nevada, aiming to validate historic high-grade mineralisation and establish a formal resource estimate.

Flynn Gold has successfully extended high-grade gold mineralisation across a 9km zone at its Golden Ridge Project in northeast Tasmania, with drilling confirming a large-scale gold system. Meanwhile, drilling at the nearby Mangana Project is underway, promising further updates in early 2026.

Barton Gold Holdings has bolstered its cash reserves to an estimated $20 million following a successful $15 million institutional placement and a $660,000 Share Purchase Plan, positioning the company to advance key gold development projects in South Australia.

Tambourah Metals has identified seven promising antimony drill targets at its Speewah Nth project, supported by strong silver and copper anomalies from recent sampling. The company plans up to 1200 metres of reverse circulation drilling pending approvals.

Power Minerals Limited reports exceptional high-grade rare earth and niobium intersections from shallow drilling at its Santa Anna Project in Brazil, reinforcing its potential for a significant mineral resource.

Solis Minerals has secured permits to begin a significant 5,000-metre diamond drilling campaign at its Ilo Este copper-gold project in Peru, aiming to unlock large-scale mineral resources. Drilling is set to start in August 2025, following progress at the nearby Chancho al Palo project.

Westgold Resources has unveiled a maiden Mineral Resource Estimate of 2.3 million ounces of gold at its Fletcher Zone, effectively doubling the Beta Hunt mine’s resource base and setting the stage for expanded production.

Flagship Minerals confirms the substantial scale and extension potential of gold mineralisation at its Pantanillo Gold Project in Chile, moving towards a JORC-compliant resource upgrade. Recent drilling highlights open mineralisation and near-surface expansion opportunities.

Anson Resources reports a successful pilot of Direct Lithium Extraction technology at its Green River project with 98% lithium recovery, while securing approvals for a 24-hole drilling program at its Yellow Cat Uranium-Vanadium project.

Cyclone Metals has secured a pivotal development agreement with Vale, unlocking up to USD 138 million in funding for the Iron Bear iron ore project in Canada and setting a clear path to production.