Latest Resource Definition Drilling News

Legacy Minerals has received NSW Government approvals for an 8,000m diamond drilling campaign at its Mt Carrington Project, targeting promising extensions at Mascotte and first-ever modern testing at the Emu copper-gold prospect.

Aeris Resources has confirmed a significant new mineralised trend at its Avoca Tank deposit and thicker copper intersections at Budgerygar, setting the stage for resource upgrades and potential mine plan enhancements at its Tritton Operation.

Manuka Resources completes early-stage Mt Boppy drilling with low-grade gold results but gains key structural insights, while launching resource definition drilling at Pipeline Ridge targeting a maiden gold resource.

Manuka Resources updates its Mt Boppy exploration with low-grade gold findings and structural insights, while resource drilling at Pipeline Ridge progresses, supporting a near-term production restart.

Tanami Gold NL (ASX:TAM) is raising $70.5 million through a fully underwritten renounceable rights issue priced at $0.06 per share, a 34.78% discount to the last traded price, to finance development of its Central Tanami Project.

Ballymore Resources is raising $3.24 million through a non-renounceable entitlement offer to fund drilling, geophysical surveys, and trial mining across key Queensland projects, including Dittmer and Ruddygore.

Matsa Resources has kicked off a major diamond drilling campaign at Fortitude North targeting up to 1.85 million ounces of gold while reporting robust $28.7 million gold sales and $6.1 million EBITDA from the Devon Pit Gold Mine.

Manuka Resources has drawn down a US$26 million tranche of a US$30 million debt facility, exited care and maintenance at Wonawinta, and signed a major mining contract as it targets production restart in late Q2 2026.

Kingsgate Consolidated sustained robust production at Chatree with a fifth straight quarter exceeding 20,000 ounces of gold, while achieving a record AISC margin and boosting cash reserves to A$213 million.

Lindian Resources has begun full-scale construction at its Kangankunde Rare Earths Project and secured the SARECO Mixed Rare Earth Carbonate facility in Kazakhstan, positioning itself as a rare earths producer with downstream processing capabilities.

Silver Mines Limited is progressing its Bowdens Silver Project development application with updated ecological surveys, while exploration intensifies at the Rockwell Prospect and Californian assets, supported by a solid cash position.

Chilwa Minerals confirmed a significant niobium discovery at its Nakombe target, progressing with dual diamond rig drilling and advancing a NASDAQ listing application. Heavy mineral sands resource work continues alongside a new ionic clay rare earth program.