Latest Resource Drilling News

Aguia Resources has reported promising initial diamond drilling results at its Santa Barbara gold project in Colombia, confirming high-grade gold mineralisation continuity beneath existing underground workings. The ongoing drilling program aims to delineate an extensive mineralised vein system with further assay results expected soon.

Asara Resources has kicked off Phase 1 drilling at its Massan Deposit in Guinea’s Kada Gold Project, while resolving a key legal dispute in Chile and maintaining a solid cash position of A$3.2 million.

Nova Minerals has launched a 15,000-meter drilling campaign at its Estelle Project targeting gold and antimony, while advancing a US Department of Defense grant application to fast-track its antimony development.

Chilwa Minerals reports encouraging metallurgical testwork from its Mposa Deposit, confirming the potential for commercial-grade ilmenite and promising by-products including zircon and rare earth minerals. These findings will shape the upcoming Scoping Study and flowsheet design.

Santana Minerals reports a robust update to its Bendigo-Ophir Gold Project with a new Pre-Feasibility Study showing enhanced economics and streamlined mine design, alongside advancing regulatory approvals in New Zealand.

Tungsten Mining NL (ASX – TGN) highlights its position as a key supplier of ethically sourced tungsten outside China, leveraging one of the world’s largest resource bases amid tightening global supply and rising prices.

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.

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.

Sunshine Metals has completed resource infill drilling at its Plateau gold-silver prospect and reconnaissance drilling at the Salla gold-copper-zinc prospect, delivering results that support an upcoming resource update and further exploration.