Latest Resource Drilling News

Solis Minerals has secured permits to begin a significant 5,000-metre diamond drilling campaign at its Ilo Este copper-gold project in Peru, aiming to unlock large-scale mineral resources. Drilling is set to start in August 2025, following progress at the nearby Chancho al Palo project.

Lakes Blue Energy has commenced drilling the Wombat-5 well in Victoria’s Gippsland Basin, aiming to unlock a significant gas resource to help ease tightening supply on Australia’s east coast.

Evolution Energy Minerals advances its development-ready Chilalo Graphite Project in Tanzania, targeting a Final Investment Decision by mid-2026 while exploring promising copper prospects and strengthening its leadership team.

Reedy Lagoon Corporation has identified several promising gold drill targets at its Burracoppin project while seeking a farm-in partner for its iron venture, signaling a pivotal phase in exploration and development.

Sky Metals Limited has locked in $6.1 million through a share placement to accelerate exploration and development at its flagship Tallebung Tin Project in NSW. The funding will support resource expansion, metallurgical studies, and feasibility work.

FireFly Metals reports exceptional drilling results at its Green Bay Copper-Gold Project, extending mineralisation well beyond current resources. Backed by a substantial A$145 million capital raise, the company is poised for a resource update and advancing mining studies.

Horizon Minerals reported steady gold output from Boorara and Phillips Find projects, generating nearly A$39 million in revenue for the June quarter, while progressing a major plant conversion study and securing $30 million in new funding.

European Lithium Limited reported strong Q2 2025 progress with significant share sales in Critical Metals Corp raising over A$12.8 million, alongside promising exploration and development updates across Greenland, Austria, Ireland, and Australia.

Titan Minerals reports strong drilling results at its Dynasty Gold and Linderos Copper projects, confirming significant mineralisation extensions and advancing joint venture milestones.

West African Resources delivered solid Q2 gold production and cash flow, with the Kiaka project completing construction early and under budget. High-grade drilling results at M1 South promise further resource growth.

Meeka Metals has successfully poured first gold at its Murchison Gold Project, marking a key milestone achieved within nine months of construction start. The company is accelerating both open pit and underground mining operations, supported by expanded capital expenditure and strong drilling results.

Petratherm Limited has significantly expanded its Rosewood Titanium Discovery at the Muckanippie Project through Phase 2 drilling, revealing high-grade mineralisation over a 20km² area that remains open to the north. The company also completed Phase 3 drilling and strengthened its leadership with a key executive appointment.