Latest Mining And Drilling News

Turaco Gold’s latest drilling at the Adiopan-Asupiri Deposit reveals strong high-grade gold intercepts, underpinning further resource growth within the 4.65Moz Afema Project in Côte d’Ivoire.

AIC Mines has reported promising drilling results at its Iris and Eloise South prospects near the Eloise copper mine, confirming extensive copper mineralisation and a spectacular high-grade gold intercept.

Peako Limited has identified extensive, high-grade gold-bearing veins across its Saudi Arabian projects, including an 8km corridor at Wadi Jarir with samples up to 41.5 g/t gold, setting the stage for maiden drilling this October.

Magnum Mining has reported robust rare earth element results from 92 new auger holes at its Piracanjuba North project in Brazil, confirming widespread mineralisation across multiple centres and accelerating its 10,000m drilling program ahead of schedule.

Galan Lithium is set to become a significant lithium brine producer with its Hombre Muerto West project in Argentina, targeting first sales in the second half of 2026. The company boasts a world-class resource, strong fiscal incentives, and a valuation discount to ASX peers.

Rokeby Resources (ASX: RKB) has secured the high-grade Omeo Gold Project, renewed a key mining licence, and launched a drilling campaign at Sunnyside to upgrade historical gold resources while raising $4.34 million.

PTR Minerals has unveiled a substantial maiden Mineral Resource Estimate for its Rosewood Titanium Project, highlighting a large, high-grade heavy mineral deposit with strong metallurgical potential and strategic team expansions.

Austral Resources has identified a second parallel copper-gold lode at its Cameron River Project, with drillhole 26SQRC006 hitting significant grades. The discovery supports the company’s strategy of regional growth around its Rocklands Processing Facility.

Pantoro Gold delivered 18,028 ounces in Q4 FY2026 amid operational challenges and sets a FY2027 production target of 90,000 to 105,000 ounces at a lower AISC of A$2,800 to A$3,400 per ounce.

Alligator Energy's drilling campaign at the Samphire Uranium Project has pushed uranium mineralisation 600 metres south of Blackbush, unlocking new ground on the Mullaquana Crown Lease and advancing resource delineation and feasibility efforts.

Encounter Resources has pinpointed a 1.2-kilometre copper-gold target zone at its Elsa prospect in WA’s Paterson Province, following a 10,000m RC drilling program that intersected broad, shallow mineralisation coinciding with extensive weathering and potential deeper sulphide zones.

Altoro Metals, formerly Variscan Mines, has officially rebranded and is set to begin maiden diamond drilling at its Guajaraz polymetallic project in Spain, backed by a $5 million capital raise.