Latest Resource Drilling News

Cyclone Metals has forged a strategic partnership with Vale S.A. to fund and develop its Iron Bear iron ore project in Canada, marking a major step towards mining decision. The company also completed pilot production of high-grade direct reduction pellets, underscoring the project's technical promise.

Brazilian Rare Earths Limited reports unprecedented ultra-high-grade rare earth intercepts and significant district-scale mineral discoveries at its Monte Alto project, alongside key permitting milestones advancing its mining ambitions.

Capricorn Metals Ltd has reported a substantial 41% increase in the Ore Reserve Estimate at its Mt Gibson Gold Project, driven by ongoing drilling that continues to deliver exceptional high-grade results and promising underground potential.

Aurumin Limited has entered a potentially lucrative joint venture with Newcam Minerals for iron ore rights worth up to $7 million, while advancing gold exploration with significant drilling at its Central Sandstone Project.

Hawsons Iron Limited is progressing key process optimisation initiatives focused on dry crushing circuits and by-product extraction, while deepening government and investor engagement to enhance the Hawsons Iron Project’s value.

Astral Resources has reported its most significant diamond drilling results to date at the Theia Deposit within the Mandilla Gold Project, with drill-hole MDRCD918 delivering an exceptional 1,079 gram-metres of gold mineralisation. This breakthrough is expected to underpin an upgrade of the resource classification ahead of a Mineral Resource Estimate update scheduled for March 2025.

International Graphite advances its vision of a fully integrated graphite supply chain in Western Australia, securing significant government funding and delivering promising drilling and testwork results at its Springdale project.

Felix Gold Limited reports outstanding trenching results at its Treasure Creek Project in Alaska, revealing high-grade antimony and gold mineralization that bolsters prospects for near-term production amid critical U.S. supply chain needs.

Brightstar Resources has reported impressive high-grade gold intercepts from its inaugural drilling campaigns at the Montague-Boulder and Whistler deposits, reinforcing the potential for resource growth within its Sandstone Gold Project.

NuEnergy has finalized the Gas Sales and Purchase Agreement for its Tanjung Enim project and is advancing drilling preparations, marking a key step toward production and revenue generation.

Encounter Resources reports significant high-grade niobium mineralisation at its Green carbonatite complex, accelerating plans for resource drilling and mining studies in 2025.

Sun Silver Limited reports exceptional drilling results from its Maverick Springs Project in Nevada, revealing a standout 132.59m mineralised intercept with high silver-gold grades that surpass current resource averages, highlighting significant growth potential.