Latest Rc Drilling News

BPM Minerals has completed 9,060 metres of a record Forelands drilling campaign, with post-quarter assays returning its best Beachcomber result to date. The company is now advancing maiden drilling at Bonnie & Clyde while working towards a maiden resource estimate targeted for the first half of 2027.

Terrain Minerals has begun preparations for its largest-ever drilling program, with 86 reverse circulation holes planned across the Smokebush project in Western Australia. The 10,905-metre campaign will test both the existing Lightning resource and seven new exploration targets, but no new exploration results have yet been reported.

Indiana Resources has completed drilling at Company Well and Minos, while heritage clearance unlocks the next stage at the 7km Ealbara gold anomaly. The exploration progress comes alongside a November CEO departure and an unresolved arbitration claim over US$13.05 million in Tanzania settlement proceeds.

Auric Mining has moved from study work towards execution at its Burbanks-Munda gold plan, securing processing infrastructure for A$1.2 million and reporting strong Munda drilling results. The company is targeting mining at Munda in late 2027 and first gold from Burbanks in early 2028, subject to approvals and project execution.

Javelin Minerals has advanced its proposed all-scrip takeover by FirstAU while securing Eureka’s final mining approval and reporting further gold intersections. The deal offers a broader exploration portfolio, but the loss of Eureka’s processing pathway and a cash runway of about 2.57 quarters remain material constraints.

BOA Resources has extended the interpreted copper mineralised trend at Rooneys beyond 500 metres, with shallow high-grade intersections supporting a larger follow-up drilling campaign. The results add another exploration thread to the company’s expanding Neds Creek project, although continuity and true widths remain untested.

Strata Minerals has established a maiden JORC 2012 resource of 42,000 ounces at its Zelica Gold Project in Western Australia, with 68% classified as Indicated. The resource provides a technical base for further drilling and development studies, but does not yet represent an Ore Reserve or confirmed mining operation.

Iron Road has completed 464 metres of RC drilling at its TAU-A nickel-copper-gold target, but laboratory assays are still pending. The quarterly update also brings a major shareholder transition, a CEO retirement and a $1.21 million cash balance into sharper focus.

Tasman Resources has received South Australian approval for its Parkinson Dam environmental programme, clearing the regulatory path for a 20-hole drilling campaign. The programme now hinges on contractor appointments and a drilling start date, with historical high-grade gold and silver results providing the geological rationale.

Legend Mining is preparing to test its Pyrophyllite Hill gold prospect with a 50-hole aircore program after completing heritage surveys. The explorer ended September with $9.24 million in cash, although the reported 19.5-quarter funding estimate is based on a relatively modest quarter of spending.

Great Southern Mining has reported a run of high-grade gold intercepts at Golden Boulder, extending mineralisation across the northern 1.1 kilometres of a 3.5-kilometre trend. The exploration gains arrive alongside A$2.524 million in cash and a reported 1.13 quarters of funding at the quarter-end spending rate.

PC Gold has extended three gold lodes north of its Spring Hill resource, including a newly identified Link-style zone with grades as high as 10.03 g/t Au. Ten of 32 RC holes remain unassayed, leaving the scale and continuity of the extensions unresolved.