Latest Resource Drilling Programs News

Godolphin Resources has identified a significant new induced polarisation anomaly 1,000 metres from its Lewis Ponds deposit, alongside high-grade gold, zinc, and copper surface samples, setting the stage for a targeted drilling campaign in March 2026.

A single exploration name blew the doors off the leaderboard, while two well-known uranium plays and a Nevada explorer sank hard. Behind the noise: deals got closer to completion, big raisings reset prices, and several “good news” gaps didn’t survive the week.

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

Alicanto Minerals has won shareholder approval to acquire the Mt Henry Gold Project in Western Australia, unlocking a 915,000oz gold resource and appointing Jeff Sansom as CEO to spearhead growth.

PTR Minerals has reported significant expansion of its Rosewood Titanium Project, confirming extensive high-grade mineralisation and securing $12 million to accelerate development.

GreenTech Metals has completed a major acquisition of a 70% interest in the high-grade Munni Munni PGE-Cu-Ni Project in Western Australia, backed by a $5.2 million capital raise and a strengthened board. The company has commenced drilling to validate historical resources and aims for a JORC-compliant update in early 2026.

Anson Resources has kicked off a revised drilling program targeting lithium brines in Utah and secured a $14 million capital raise, alongside a key offtake agreement for its Green River Lithium Project.

Titan Minerals secures a strategic $10 million investment from Lingbao Gold International, advancing its Dynasty Gold and Linderos Copper projects with promising drilling results and a strong cash position.

Torque Metals is advancing its Paris Gold Camp project in Western Australia, moving from exploration to development readiness with a 250,000-ounce gold resource and an aggressive drilling program.

New Age Exploration Limited (ASX, NAE) has progressed its drilling program at the Wagyu Gold Project in Western Australia while confirming promising gold mineralisation in New Zealand’s Otago region, supported by a recent $3.75 million capital raise.

A few stocks did the heavy lifting this week, with one biotech exploding higher and a gas name collapsing on the other side of the ledger. Big moves came from capital raises, regulator decisions, and drill results that investors treated as near-term value, not distant promises.

Southern Cross Gold Consolidated Ltd. has achieved a pivotal regulatory milestone enabling underground exploration at its Sunday Creek project, backed by strong drilling results and a robust cash position of $130.4 million.