Latest Resource Definition Drilling News

Larvotto Resources has moved decisively to secure the Blockade Copper Mine near Mt Isa, Queensland, following due diligence drilling that confirmed robust, continuous copper mineralisation. The acquisition positions Larvotto to accelerate its push towards near-term copper production in a region with established infrastructure.

Odyssey Gold has lifted the Cable Deposit resource at Tuckanarra to 158,000 ounces of gold, with a significant upgrade in confidence ahead of its Stage 1 Scoping Study, underpinning its development ambitions in Western Australia’s Murchison Goldfields.

Kalamazoo Resources has completed a substantial drilling program at its Mt Olympus deposit, delivering high-grade gold intersections that bolster confidence ahead of an updated Mineral Resource Estimate and ongoing Pre-Feasibility Study.

Black Canyon Limited reports strong assay results confirming shallow, high-grade manganese and iron mineralisation at its Wandanya Project, with expansion drilling extending the manganese horizon 400m south and revealing further targets to the north and east.

Krakatoa Resources (ASX: KTA) has raised $1.6 million through a placement to fund its 2026 drilling and development program at the Zopkhito Antimony-Gold Project. The capital will support efforts to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate, alongside metallurgical and environmental studies.

Krakatoa Resources has launched its second underground drilling season at the Zopkhito Antimony-Gold Project, aiming to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate while pushing early mine development.

St George Mining delivers a new benchmark intercept of nearly 200 metres of continuous high-grade rare earths and niobium from surface at its Araxá project, reinforcing its scale and open-pit potential.

Beacon Minerals has completed its largest drilling campaign to date at the Iguana deposit, delivering high-grade gold intercepts that underpin a forthcoming resource upgrade.

Black Canyon has won a $264,800 WA government grant to fund a detailed gravity survey and deep RC drilling at its Wandanya manganese project, accelerating its path to a maiden resource estimate.

Li-FT Power has reported robust lithium intersections from 20 diamond drill holes at its Yellowknife Lithium Project, confirming and expanding known spodumene mineralisation across multiple pegmatite complexes.

Lunnon Metals has greenlit a $13 million FY2027 exploration budget to aggressively test a conceptual 1.2-2.4 million ounce gold target at its Foster-Baker area within the St Ives gold camp, aiming to drill more metres than in any year over the past six decades.

Azzuro Resources has completed its first phase of drilling at the Red Hill Copper-Gold VMS Project in Mongolia, confirming continuity of a substantial massive sulphide system and identifying a high-grade copper interval. Assays are pending as geophysical surveys prepare to refine targeting.