Latest Rc Drilling News

Famien Resources has reported gold mineralisation in most holes from a 3,672-metre RC program at the Bonougbara Trend in Côte d’Ivoire. The explorer is planning geophysical work and follow-up drilling while expanding its permit portfolio and redirecting focus away from Western Australia.

Patronus Resources has reported gold mineralisation below the existing Tally Ho resource, shallow results at Davies No. 2 and a broad intercept at Hydra. The ASX-listed explorer ended September with $72.029 million in cash and liquid investments, giving it room to keep drilling while assays remain outstanding.

Hamelin Gold has reported an ultra-high-grade 2-metre interval grading 101.5 g/t gold from its Phase 2 drilling at Day Dawn, alongside extensions to the Aurora and Altus lodes. Further RC assays and diamond drilling results could provide the next test of how continuous and extensive the system is.

Platina Resources has confirmed a broad, shallow gold system at Sunrise Bore, with only about 200 metres of a 1.2km mineralised trend tested so far. The ASX-listed explorer ended September with A$10.746 million in cash after completing the US$14 million sale of its Owendale scandium project.

Metal Hawk has reported its strongest Leinster South drilling result to date, including 9 metres at 12.3g/t gold at the Numbat lode. A $1.2 million placement is funding further RC and diamond drilling, with the next assays due in November.

Caspin Resources has reported a 45% increase in contained tin at its Kelpie Deposit, with a 6.5Mt resource now sitting within an optimised open-pit shell. The explorer is moving towards development-style work while awaiting assays from deeper drilling and testing a growing list of regional targets.

Industrial Minerals has cleared a key licensing hurdle at its newly acquired Laverton Gold Project, positioning the North Pool prospect for maiden RC drilling once heritage and regulatory approvals are complete. The company ended September with $2.50 million in cash after completing its $3 million placement and issuing shares tied to the acquisition and board changes.

Arika Resources has identified a previously unrecognised gold lode at its Kookynie project after drilling returned 19 metres at 7.99g/t gold, including 6 metres at 15.87g/t. The early-stage discovery sits above the historic Champion Main Reef and opens several follow-up targets along a 3km mineralised trend.

Accelerate Resources has begun maiden drilling at Gingarrigan, an untested prospect outside its existing Woodie Woodie North resource base, while securing A$1.1 million for exploration. The results will test whether surface manganese outcrops extend into a potentially broader mineralised system.

Venus Metals has completed a second 1,541-metre RC drilling program at Bellchambers after intersections including 20 metres at 2.72 g/t gold. The explorer ended September with $25.8 million in cash and Rox Resources shares, despite returning about $35 million to shareholders during the quarter.

Galileo Mining has expanded its near-term exploration pipeline at Norseman, with mineralised outcrop north of Callisto, two kilometre-scale PGM target zones at Mission Sill and a new gold prospect. The company ended September with approximately A$6.9 million in cash, funding aircore and RC programs already under way or scheduled.

Kincora Copper has paid A$100,000 for a nine-month option over six exploration licences covering 1,147km² across New South Wales and Victoria. The package includes Boree Creek, where a historical drill hole returned a 48-metre copper-gold interval that Kincora plans to test with diamond drilling.