Latest Mining Drilling Updates News

Chilwa Minerals has mobilised a second diamond drill rig at its Mpyupyu target in Malawi, accelerating exploration of niobium, rare earths, tantalum, and gallium within a newly identified alkaline syenite intrusion. With over 1,000 metres drilled and key assay results pending, the company is poised for a revised resource estimate in May 2026.

NewPeak Metals has completed a significant drilling campaign at its Tansey Gold Project with assay results due soon, while gearing up for a substantial drill program at Las Opeñas in Argentina. The company holds $1.4 million cash and a notable stake in Lakes Blue Energy as it weighs options for its uranium assets.

Golden Dragon Mining has resumed drilling at its Coodardy gold target, aiming to extend a newly defined high-grade gold trend over a 700m strike in Western Australia’s Cue Gold Project. The program also initiates exploration at the promising Behring Bore target.

Patagonia Lithium has advanced drilling at its Formentera lithium project in Argentina to 308 metres, revealing encouraging porosity and brine characteristics that suggest strong lithium potential. Six successful packer tests indicate increasing brine concentration and flow rates, with further drilling planned to deepen the resource understanding.

Gateway Mining has resumed drilling at its Yandal Gold Project, revealing significant gold mineralisation at the Haflinger discovery and gearing up for follow-up programs.

Adelong Gold has updated its Lauriston Project drilling progress, revealing visible gold in drillhole AC2502 and confirming assay results for six Comet prospect holes are expected in Q1 2026. Drilling has also commenced at the nearby Yankee-Trojan prospect, maintaining momentum in this promising Victorian gold-antimony system.

Patagonia Lithium has advanced drilling at its Formentera project in Argentina, reaching 131 metres with promising brine test results indicating strong lithium potential. Early packer tests reveal increasing dissolved solids and excellent flow rates, supporting the company’s resource growth ambitions.

Austral Resources Australia Ltd has agreed to acquire the Lady Loretta mine from Glencore for A$45.5 million, consolidating its copper assets near the Lady Annie Copper Mine and boosting its processing feedstock. This strategic move strengthens Austral’s balance sheet and advances its vision to become a mid-tier copper producer in Queensland.

Patagonia Lithium has reached 335 metres depth in its Formentera lithium brine drilling program in Argentina, successfully collecting brine and core samples for detailed analysis. The company plans further drilling and geophysical surveys to refine its Mineral Resource Estimate.

Patagonia Lithium has reported successful initial brine extraction and core sampling at its Formentera lithium project in Argentina, marking steady progress in its drilling campaign. Early results indicate favorable porosity and brine characteristics that support ongoing exploration efforts.

FMR Resources’ drilling at the Llahuin Project’s Southern Porphyry target has confirmed copper-bearing veining and potassic alteration above the main geophysical anomaly, reinforcing exploration models despite a temporary pause in drilling.

Patagonia Lithium prepares to drill a key lithium well in Argentina while advancing rare earth exploration in Brazil, backed by recent funding and promising early results.