Latest Resource Drilling News

Dart Mining has applied for a new exploration permit over the historic Raglan Goldfield, aiming to consolidate its gold assets in Central Queensland alongside the recently acquired Triumph Gold Project.

Rimfire Pacific Mining has confirmed the Currajong Prospect as a promising new high-grade scandium opportunity, supported by historic drill data. The company plans an extensive drilling campaign in early 2025 to further define this resource within its Fifield project portfolio.

Savannah Goldfields Limited has launched a $14 million capital raising to fund the restart of gold mining operations at its Agate Creek and Georgetown projects, backed by cornerstone investors including Wes Maas.

Westgold Resources has lowered its FY25 gold production forecast due to slower-than-expected ramp-ups at key mines, adjusting cost and capital expenditure guidance accordingly.

Redstone Resources is gearing up for a pivotal drilling campaign at its 100%-owned West Musgrave Copper Project in Western Australia, backed by a $220,000 government grant and strong historical copper grades.

Challenger Gold has secured a binding toll processing agreement to fast-track production at its Hualilan Gold Project in Argentina, while also reporting promising drilling results from its Colorado V project in Ecuador and completing a strategic capital raise.

Ten Sixty Four Limited’s latest quarterly report reveals a notable decline in gold production alongside increased all-in sustaining costs, as the company advances its mine development and navigates a complex restructuring process.

Terra Metals reports robust drilling results from its Dante Project, revealing high-grade titanium alongside copper, PGMs, and vanadium, while securing an option to expand its tenement holdings.

First Lithium Limited reports promising metallurgical testwork results and an imminent maiden Mineral Resource Estimate, underpinning its Mali lithium projects amid ongoing license renewal progress.

Sunshine Metals Ltd reports a substantial upgrade to its Ravenswood Consolidated Project, with a 57% rise in contained gold and positive drilling and metallurgical results underpinning the growth.

Olympio Metals has identified multiple coincident EM and IP anomalies at its Dasserat prospect in Quebec, setting the stage for a drilling campaign planned for early February 2025.

Titan Minerals reports standout drilling results at its Dynasty Gold Project’s Iguana prospect, confirming resource growth potential with significant gold and silver intercepts. The company is advancing its 10,000m drilling campaign backed by a strong balance sheet.