Latest Resource Drilling News

Titan Minerals reports significant drilling progress and metallurgical breakthroughs at its Dynasty Gold Project, while JV partner Hanrine accelerates Linderos Copper drilling. The company strengthens its balance sheet with a $25.7 million capital raise and clears debt.

Great Boulder Resources has reported further shallow, high-grade gold mineralisation at its Eaglehawk deposit within the Side Well Gold Project, confirming the prospectivity of this emerging system with strong recent drilling results.

Cyclone Metals has secured a pivotal development agreement with Vale, unlocking up to USD 138 million in funding for the Iron Bear iron ore project in Canada and setting a clear path to production.

Prodigy Gold NL has unveiled its comprehensive exploration plans for 2025, targeting resource expansion at Hyperion and Tregony deposits while advancing development options at Old Pirate. The company aims to leverage drilling results and metallurgical studies to accelerate project development in the Northern Territory.

Gold Mountain Limited has confirmed high-grade Rare Earth Oxide mineralisation from 56 drill holes at its Down Under REE Project in Brazil, highlighting significant potential for resource expansion and further exploration.

GBM Resources has engaged renowned geophysicist David McInnes to reprocess historic data and identify new gold targets, aiming to expand its 1.84 million ounce resource base in Queensland's Drummond Basin.

Caprice Resources responds to ASX price query by releasing validated exploration results from its Island Gold Project, following a trading halt triggered by unusual market activity.

Titan Minerals reports robust high-grade gold and silver intersections from its ongoing Dynasty drilling campaign, including a newly discovered vein that could expand resource potential ahead of a mid-2025 update.

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.