Latest Resource Definition Drilling News

Develop Global reports strong September quarter progress with Woodlawn mine ramping up on schedule and Sulphur Springs DFS doubling projected cashflow to A$1.5 billion. A major mining services contract extension further bolsters the company’s growth outlook.

PVW Resources has advanced its Brazilian Southeast Hub rare earth projects through a hydraulic auger drilling campaign, confirming deeper mineralisation and exceptional leach recoveries up to 89%. The company is poised for further resource definition and metallurgical optimisation.

Perseus Mining reported steady gold production and cashflow growth in Q1 FY26, while progressing key projects including the CMA Underground and Nyanzaga development. The company also completed a CEO transition and renewed its share buyback program.

Vault Minerals delivered a strong September quarter with record gold production and advancing key infrastructure upgrades, setting the stage for significant free cash flow growth in FY27.

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.

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.