Latest Resource Drilling News

Westgold Resources has unveiled a maiden Mineral Resource Estimate of 2.3 million ounces of gold at its Fletcher Zone, effectively doubling the Beta Hunt mine’s resource base and setting the stage for expanded production.

AIC Mines has awarded a fixed-price $77.6 million contract to GR Engineering to expand its Eloise processing plant capacity from 725,000 to 1.1 million tonnes per annum, with construction set to begin in October 2025 and commissioning expected by late 2026.

Nimy Resources has wrapped up a major drilling campaign at its Block 3 Gallium Prospect in Western Australia, setting the stage for a maiden resource estimate by year-end. Early assays reveal promising high-grade gallium, fueling optimism amid growing global demand for this critical metal.

Anson Resources has completed integrated static and dynamic geological models for its Green River Lithium Project, revealing a large, interconnected lithium brine reservoir and setting the stage for expanded resource drilling.

Turaco Gold has raised A$60 million through a strongly supported placement, positioning the company to fast-track growth and exploration at its flagship Afema gold project.

True North Copper’s latest drilling campaign at the Great Australia Mine reveals promising new copper-gold-cobalt mineralisation zones beyond existing resources, signaling potential for resource expansion and mine life extension.

New Murchison Gold Limited has reported further high-grade gold intersections from its Crown Prince Gold Project, reinforcing the potential for a profitable open pit operation at its Garden Gully site near Meekatharra.

FireFly Metals Ltd has announced a flow-through share offer aiming to raise approximately A$11.2 million, targeting Canadian investors to fund regional exploration drilling. This offer complements a broader capital raising strategy to advance development at the Ming Mine and other key projects.

James Bay Minerals has reported significant high-grade gold and silver intercepts extending mineralisation well beyond current estimates at its Independence Project in Nevada, highlighting strong growth potential.

Lefroy Exploration has secured its inaugural toll milling agreement for the Lucky Strike Gold Project, marking a significant step towards production with a February 2026 milling slot at Greenfields Mill.

GTI Energy’s recent Scoping Study for its Lo Herma Uranium Project in Wyoming highlights a promising low-cost in-situ recovery operation with strong economic metrics and a 7-year production horizon.

Lefroy Exploration has reported outstanding near-surface gold assay results from its Lucky Strike project, validating resource models and revealing promising high-grade zones. With diamond drilling underway to explore a potential larger Stage 2 pit, the company is advancing its development plans backed by partner funding.