Latest Mining And Drilling News

QMines Limited has completed a significant drilling campaign at its newly acquired Develin Creek copper project, delivering promising assay results that reinforce the project's potential to expand the Mt Chalmers mine plan.

Adavale Resources has completed the acquisition of a 72.5% stake in the Parkes Gold and Copper Project and secured $1.675 million in funding to accelerate exploration, including promising drilling results at the historic London-Victoria Gold Mine.

Magmatic Resources has launched a 3,000m diamond drilling campaign at its Myall Project alongside encouraging soil sampling results at its Wellington North and Parkes projects, signaling advancing exploration momentum.

Anson Resources secured key approvals to expand drilling at its Utah lithium projects, reported a maiden resource at its Western Australia base metals deposit, and raised $2.3 million in an oversubscribed share purchase plan.

FMR Resources has completed a detailed airborne EM survey at its Fairfield Copper Project in Canada and secured a drill contractor to commence maiden drilling at the Demoiselle Prospect in mid-February 2025. The survey results have identified multiple high-priority copper targets, setting the stage for a pivotal exploration phase.

Truscott Mining Corporation is gearing up for an expanded drilling program at its Tennant Creek gold projects, leveraging a robust gold price environment and fresh capital to advance exploration and resource definition.

Silver Mines Limited is set to commence a 2,000–3,000m diamond drilling program at its recently acquired Elsienora Project, targeting promising silver and gold mineralisation with historic results hinting at McPhillamys-style deposits.

AIC Mines reports compelling high-grade copper intersections from recent drilling at the Jericho deposit, setting the stage for a significant resource upgrade in March 2025.

Pantoro Limited delivered a solid December quarter with gold production within guidance and positive cash flows for the fourth consecutive quarter, prompting an upward revision to its FY2025 production target. The company’s strategic focus on underground expansion and asset optimisation underpins its growth trajectory.

Alkane Resources has reported significant gold intercepts from deep core drilling beneath the San Antonio deposit, revealing promising underground mineralisation potential. The company is advancing a comprehensive exploration program to expand its resource base at Tomingley.

Great Boulder Resources has announced a promising new gold discovery at its Side Well South project, with recent AC drilling intersecting high-grade gold mineralisation near historic workings. Drilling is ongoing, aiming to expand this emerging zone.

Mt Malcolm Mines NL’s bulk sampling program at the Golden Crown Prospect has yielded 122.4 ounces of gold doré, reinforcing the site’s ultra-high-grade gold mineralisation and underpinning plans for future mining development.