Latest Resource Definition Drilling News

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.

BPM Minerals has expanded its high-grade gold footprint at the Beachcomber Prospect and greenlit its largest-ever 20,000m drilling program across its flagship Forelands Gold Project in WA.

New Murchison Gold Limited (ASX:NMG) has amended its JORC reporting for the Cloudkicker deposit while confirming strong, shallow high-grade gold intercepts. Mining at Cloudkicker has begun, expected to add about 20,000 ounces to production over the next 12-18 months.

Nexus Minerals has completed its Payns Prospect drilling with assay results revealing high-grade gold intercepts up to 34.77g/t Au, setting the stage for a maiden resource estimate within the Wallbrook Gold Project.

Kalamazoo Resources has wrapped up its Mt Olympus Resource Definition Drilling Program, delivering strong high-grade gold intercepts and narrowing drill spacing to support resource upgrades at the Ashburton Gold Project.

New Murchison Gold Limited has delivered strong drilling results at its Cloudkicker deposit, revealing higher-grade and more continuous gold mineralisation than previously estimated. Mining has commenced, with Cloudkicker expected to contribute around 20,000 ounces of gold over the next 12-18 months.

Critica Limited’s recent drilling at its Jupiter Rare Earth Project has validated broad, near-surface high-grade zones, underpinning an imminent resource upgrade and advancing its scoping study.

Caprice Resources continues to unlock a broad, high-grade gold system at its Island Gold Project in Western Australia, with new drill results confirming expansions beyond the original Vadrians lode and identifying fresh mafic-hosted quartz vein targets.

BPM Minerals is set to embark on a record 20,000m drilling campaign at its Forelands Gold Project in WA, targeting maiden resource estimates and testing a major gold anomaly with strong geological promise.