Latest Resource Drilling News

Gold Mountain Limited has reported promising assay results from its Irajuba Prospect in Brazil, revealing significant extensions to rare earth mineralisation and setting the stage for expanded resource drilling.

Golden Globe Resources has successfully completed an oversubscribed $8.5 million IPO and immediately commenced a significant drilling program at its flagship Dooloo Creek project in Queensland. The company is advancing exploration with a new geological model targeting high-grade gold and copper mineralisation.

Rox Resources has confirmed the economic viability of its Youanmi Gold Project with a robust feasibility study and commenced underground mining, backed by a $218 million equity raise. The company is on track for first gold production by mid-2027.

WIN Metals has reported promising shallow gold mineralisation at its Radio Gold Project in Western Australia, reinforcing plans for a potential production restart in 2026. Key drill results and surface sampling confirm multiple near-surface targets across the project.

Catalyst Metals has confirmed a new high-grade gold zone beneath the Cinnamon open pit resource, potentially adding a sixth underground ore source to its Plutonic Gold Belt operations and supporting its ambitious production growth plans.

Patagonia Lithium’s latest drilling at Formentera reached 401m, revealing promising lithium concentrations at shallower depths but encountering low-porosity clays that limited further progress. The findings refine the company’s geological understanding and set the stage for upcoming drilling.

Stellar Resources has reported significant progress in its December quarter, advancing the Heemskirk Tin Project through robust drilling results and metallurgical studies, supported by a $9.5 million capital raise.

Titan Minerals has reported outstanding infill drilling results at its Dynasty Gold Project, confirming wide, high-grade gold and silver mineralisation that bolsters resource confidence and supports an imminent resource estimate update.

Gold Mountain Limited has reported strong assay results from diamond drilling at its Irajuba IR-1 prospect in Brazil, extending known rare earth mineralisation beyond previous targets with notably high magnet rare earth oxide content.

Midas Minerals has reported a significant new high-grade copper and silver find at its Spaatzu Prospect within Namibia’s Otavi Copper Project, marking a promising expansion near the established T-13 deposit.

Turaco Gold has received all assay results from its recent drilling at the Anuiri and Jonction deposits, confirming resource model confidence and signalling expected growth in the Afema Project’s mineral resources.

American Tungsten & Antimony Ltd is set to submit a Notice of Intent for its first diamond drilling program at the Tennessee Mountain Tungsten Project in Nevada, aiming to validate historic high-grade mineralisation and establish a formal resource estimate.