Latest Resource Definition Drilling News

Gorilla Gold Mines Ltd has raised A$31.7 million through a placement to accelerate exploration and resource growth at its key Western Australian gold projects. The capital injection strengthens the company’s cash position to about A$42 million, supporting ongoing and planned drilling campaigns.

Gold Mountain Limited has reported significant extensions to its rare earth mineralisation at the Irajuba Down Under Project in Brazil, confirming high-grade total and magnet rare earth oxides and paving the way for resource drilling.

AIC Mines has confirmed high-grade copper mineralisation continuity at the Jericho deposit’s Jolly shoot, with early access expected by March 2026, potentially fast-tracking production growth.

Warriedar Resources has reported robust assay results from 50 drillholes at its Ricciardo deposit, confirming continuity of high-grade gold and antimony mineralisation within its Golden Range Project. The ongoing drilling program aims to further enhance resource confidence and potential growth.

Antipa Minerals reports robust assay results from its CY2025 drilling at the Minyari Gold-Copper Project, highlighting significant resource growth and promising new discoveries in Western Australia's Paterson Province.

Capricorn Metals maintains a robust 4.0 million ounce gold reserve as of June 2025, with significant drilling success at Mt Gibson and ongoing updates planned for both Mt Gibson and Karlawinda projects in FY26.

Encounter Resources reports record-breaking high-grade niobium assay results at its Green prospect, expanding the resource footprint and confirming the scale of its critical minerals system.

Vault Minerals projects steady gold production in FY26 with growth through FY28, driven by key plant upgrades and the anticipated restart of Sugar Zone operations. The company plans significant capital and exploration investments while preparing to fully unwind its hedge book.

Forrestania Resources is set to begin a two-phase drilling program at its Hyden Project following regulatory approval and the settlement of legal disputes over tenements.

EV Resources has raised up to A$5.5 million through a share placement to accelerate development of its Los Lirios and Dollar Antimony Projects, backed by a strategic partnership with Locksley Resources.

Great Boulder Resources has reported visible gold and impressive high-grade intersections from recent drilling at its Eaglehawk prospect, advancing the Side Well Gold Project in Western Australia.

Ora Banda Mining's latest drilling at Sand King Underground reveals significant high-grade gold mineralisation 300 metres beyond current life of mine plans, expanding the resource footprint and boosting production potential.