Latest Mining Drilling News

Locksley Resources’ maiden diamond drilling at El Campo reveals significant NdPr-enriched rare earth mineralisation akin to Mountain Pass, while Desert Antimony Mine drilling extends high-grade stibnite zones beneath historic workings.

Nexus Minerals has reported robust gold assay results from its Wallbrook Gold Project, with the Payns Prospect delivering continuous mineralisation including grades up to 19.00g/t Au. The ongoing drilling program is on track to expand the project's resource base ahead of a September update.

Tolu Minerals has reignited underground mining at its Tolukuma Gold Mine with exceptional early sampling grades and unveiled a major new high-grade discovery at Fundoot, launching a massive 75,000-metre drilling campaign to expand resources and explore district-scale potential.

Tolu Minerals has revealed two new high-grade gold vein discoveries at its Tolukuma Gold Mine in Papua New Guinea, underpinning an ambitious near-mine drilling campaign aimed at boosting resource growth.

Australian Gold and Copper Ltd (ASX: AGC) has secured the Junee Gold Project in NSW through a $5.4 million share deal, adding seven drill-ready gold targets and raising $5 million to accelerate exploration.

Vita Resources has uncovered multiple large gold in soil anomalies at its Ninnis Gold Project in WA, prompting an expanded drilling program targeting key fault zones.

Austral Resources has bolstered its Cameron River Project with final assays revealing gold and silver alongside high-grade copper at Snow Queen, underpinning its regional growth strategy.

Raptor Metals has expanded its footprint in New Brunswick’s prolific Bathurst Mining Camp with the acquisition of key mining claims, adding the Coyote and Foghorn projects to its portfolio. The deal brings historical high-grade copper, silver, gold, zinc, and lead prospects under one roof, setting the stage for imminent drilling results and exploration.

Dynamic Metals has confirmed gold mineralisation at around 300 metres depth at its Cognac West prospect, signalling potential for a vertically extensive system beneath previously shallow targets.

Cavalier Resources has boosted the net present value of its Stage 1 Crawford Gold Project by 50% to A$77.2 million in an updated Pre-Feasibility Study, despite rising costs. The company secured a US$18.7 million gold sale agreement and raised $4 million to fund pre-production activities.

Atomic Eagle has kicked off a substantial 30,000-metre drilling campaign at its Muntanga Uranium Project in Zambia, targeting resource growth and new discoveries across three priority areas following a recent 24% resource upgrade.

Patriot Resources has dramatically expanded the Exploration Target at its Tassa Silver & Gold Project in Peru to between 559Moz and 774Moz silver equivalent, positioning it among the world’s largest undeveloped silver systems. A 4,000m drilling campaign is planned to convert this target into a formal Mineral Resource.