Latest Resource Definition Drilling News

Catalina Resources is set to begin a 2,400m reverse circulation drilling campaign at its Breakaway Dam Copper Project, aiming to test high-priority electromagnetic targets and extend known copper mineralisation over an expanded strike length.

Black Canyon Limited’s June quarter report highlights robust drilling results and beneficiation success at Wandanya, supported by a $265K WA government grant and a solid $7.8 million cash position.

Metals X reported a steady tin output at Renison with a 5.9% tin price lift boosting revenue and EBITDA despite increased costs and a marginal net cash flow dip. Capital projects and exploration advanced, while the company’s strong cash reserves underpin its growth ambitions.

Noronex Limited has struck a deal to acquire the Sleitat Tin Project in Alaska, marking a rare US tin opportunity, while pushing forward with copper and uranium exploration programs in Africa backed by South32.

Tanami Gold has secured $70.5 million through a fully underwritten rights issue to fund its Central Tanami Project development, including a major underground decline and resumed drilling at Jims Gold Mine.

Krakatoa Resources is pushing its 2026 drilling program at the Zopkhito Antimony-Gold Project two months ahead of schedule, advancing toward a maiden JORC-compliant mineral resource estimate with multiple technical workstreams underway.

Koba Resources has delivered strikingly high tungsten and tin assays from its initial sampling at Queensland's Mt Garnet Project, advancing drilling and exploration plans.

Great Southern Mining has kicked off a 1,300m diamond drilling program at Mt Dillon, the highest-priority target in its Edinburgh Park Project, backed by Gold Fields’ funding and expertise.

BOA Resources is poised to launch a 7,500m drilling campaign at its Neds Creek Copper Project in WA, targeting the Ricci Lee prospect to define a maiden resource and build on recent asset acquisitions.

MGX Resources is accelerating development at its Central Tanami gold project with underground exploration and resource drilling, while monetising Koolan Island through a $20.2 million sale plus future revenue share, bolstering its cash reserves.

Golden Horse Minerals has reported a string of high-grade gold intercepts from its Southern Cross regional drilling, with the Greenmount prospect delivering consistent mineralisation that thickens and grades up at depth. Complementary sampling at Withers confirms significant gold in historic stockpiles, while drilling at Bells and Lynette awaits assay results.

Rox Resources has delivered strong drilling results at its Youanmi Gold Mine, confirming promising underground grades and new exploration targets that could extend mine life beyond current plans.