Latest Mining And Drilling News

Mount Hope Mining has identified multiple strong electromagnetic conductors at its Blue Heeler prospect, signalling promising mineralisation near historic copper mines. The company is set to commence its maiden drilling program, aiming to unlock new resources within the Mt Hope Project.

Kaili Resources has officially confirmed a change of control with Mr Jianzhong Yang now holding over 60% of shares, alongside a significant board reshuffle. The company remains focused on advancing its rare earth elements exploration in South Australia.

Mount Hope Mining (MHM) has initiated its maiden drilling campaign targeting gold and base metals in the prolific southern Cobar Basin, aiming to define a JORC resource and accelerate development.

Forrestania Resources has announced its first JORC-compliant inferred mineral resource at the Ada Ann gold deposit, marking a significant step toward becoming a high-margin gold producer.

Forrestania Resources has reported its first JORC-compliant inferred mineral resource at the Ada Ann gold deposit, marking a key milestone in its Bonnie Vale project near Kalgoorlie. The near-surface deposit offers promising economics with a low discovery cost and plans for expansion underway.

Hammer Metals has launched a targeted drilling campaign at its Bronzewing South project in Western Australia, aiming to unlock high-grade gold mineralisation adjacent to a major historic mine. The program focuses on previously underexplored zones with promising historical intercepts, potentially setting the stage for significant resource growth.

Truscott Mining Corporation has confirmed a $577,890 capital raise through a rights issue, explaining its exploration expenditure and operational status amid a drilling hiatus since late 2022. The company underscores its commitment to long-term project development and compliance with ASX listing requirements.

Catalyst Metals reports significant drilling intercepts outside the current Trident Gold Project resource, hinting at further resource growth and supporting its ambition to double reserves on the Plutonic Gold Belt.

Alkane Resources has reported promising gold intersections near its Tomingley Gold Operations, with standout results at the El Paso prospect and along the Tomingley Structure. These findings underpin plans for further drilling and resource growth.

Cygnus Metals has pinpointed multiple promising copper-gold drilling targets adjacent to the historic Cedar Bay mine within its Chibougamau Project, mobilizing an additional rig ahead of a comprehensive resource update next month.

AXP Energy has raised A$2.7 million through a two-tranche placement to expand its innovative gas-to-power-bitcoin mining operations and accelerate oil and gas drilling activities in Oklahoma.

Black Cat Syndicate has initiated diamond drilling at the promising Paulsens West seismic target, located just 600 metres from its Paulsens Gold Operation. This co-funded exploration effort aims to unlock new mineral potential identified through advanced seismic data reprocessing.