Latest Resource Definition Drilling News

Australian Gold and Copper Ltd has released its inaugural Mineral Resource Estimate for the Achilles deposit in NSW's South Cobar region, revealing a substantial 38.5 million ounces silver-equivalent resource. This milestone underscores the company's growing footprint in precious and base metals exploration.

Krakatoa Resources has reported strong visual antimony mineralisation from underground and surface drilling at its Zopkhito project in Georgia, extending the option period by 12 months to advance resource definition and transaction milestones.

Moonlight Resources Limited is set to raise A$10 million through a fully underwritten IPO, targeting exploration and development of its diverse mineral projects across Australia. The offer includes 50 million shares priced at $0.20 each, with free options attached.

Beacon Minerals reports strong assay results from its ongoing drill program at the Iguana Deposit, alongside securing vital land use and mining approvals, advancing the Lady Ida Project towards production.

Nexus Minerals has reported significant exploration progress at its Wallbrook Gold Project, identifying five promising prospects advancing towards resource definition drilling in early 2026. Recent aircore drilling confirmed strong extensional growth and new mineralised zones, reinforcing Wallbrook’s potential as an emerging gold camp.

Odyssey Gold has reported strong reverse circulation drilling results at its Tuckanarra Project, reinforcing the existing resource model and advancing plans for a resource upgrade. The Highway Deposit continues to demonstrate promising grade continuity and open pit potential.

PC Gold’s re-assay program using advanced Photon Assay technology has confirmed a significant 55.5% uplift in gold grades at its Spring Hill project, challenging historical estimates and setting the stage for a resource upgrade.

Enova Mining has initiated diamond drilling at its East Salinas Project in Brazil, targeting high-grade rare earth element mineralisation with promising surface assays. The program aims to confirm mineral continuity and advance resource definition along a 4 km strike.

BOA Resources has acquired a significant stake in the Neds Creek copper project in Western Australia’s Murchison region, setting the stage for a major exploration push in 2026 focused on the drill-ready Ricci Lee prospect.

BOA Resources has acquired a significant interest in the Neds Creek Copper Project in Western Australia’s Murchison Copper Belt, supported by a $3.75 million capital raise to fund exploration and drilling planned for early 2026.

St George Mining reports outstanding high-grade rare earth and niobium assay results from its Araxá Project in Brazil, signaling a significant resource expansion and upgrade. Ongoing drilling suggests the deposit remains open in all directions, reinforcing Araxá’s status as a world-class asset.

PTR Minerals continues to expand its titanium discovery at Muckanippie with drill results revealing thick, high-grade heavy mineral sands rich in titanium from surface at the Duke and Nardoo prospects.