Latest Resource Drilling News

Beacon Minerals has initiated its largest reverse circulation drilling campaign at the Lady Ida Iguana Deposit, aiming to enhance geological confidence and update mineral resources by mid-2026.

Capricorn Metals has announced a 13% increase in the Mt Gibson Gold Project's resource, including a maiden underground resource of 684,000 ounces at Orion South and a new open pit resource at Highway, boosting total resources to 4.5 million ounces.

Horizon Gold Limited has reinforced the potential of its Gum Creek Gold Project, boasting a 2.14 million ounce resource and progressing steadily towards a feasibility study completion in early 2026.

Horizon Gold Limited has raised $12 million through a placement and entitlement offer to advance its Gum Creek Gold Project feasibility study and resource drilling, signaling strong investor confidence amid rising gold prices.

AIC Mines has delivered strong FY25 production and financial results while securing key contracts and financing to expand its Eloise processing plant and advance the Jericho copper deposit development.

Asra Minerals has initiated a significant 3,000m drilling campaign at its Leonora South Gold Project, targeting the Challenge and Eclipse prospects near the existing Sapphire resource. The program aims to validate historic gold mineralisation and could expand the company’s resource base.

Unico Silver Limited has reported a breakthrough drill intercept at its La Negra prospect, significantly extending mineralisation beyond previous estimates and bolstering its PLUS 150 growth strategy.

Titan Minerals has reported significant high-grade gold and silver mineralisation from surface trenching at its Cerro Verde prospect, bolstering confidence ahead of a mineral resource update expected in late Q3 2025.

Tivan Limited has visually confirmed copper mineralisation at two sites within its Turiscai Project in Timor-Leste, setting the stage for assay results later this year and resource drilling in 2026.

Native Mineral Resources has raised A$10 million through a share placement to fund the ramp-up of gold production at its Blackjack plant in Queensland, following its first gold pour ahead of schedule.

NewPeak Metals has raised A$1.14 million by selling part of its shares in Lakes Blue Energy, aiming to fund its own exploration plans while maintaining a significant stake in Lakes’ promising gas projects.

TMK Energy has secured a drilling contract for its LF-07 production well, marking a key milestone in its Lucky Fox Pilot Well Project in Mongolia. The company also outlines an ambitious 2025 exploration program aimed at expanding its coal seam gas resources.