Latest Resource Drilling News

Tanami Gold NL (ASX:TAM) is raising $70.5 million through a fully underwritten renounceable rights issue priced at $0.06 per share, a 34.78% discount to the last traded price, to finance development of its Central Tanami Project.

American Uranium has started drilling the final 55 holes at its Lo Herma uranium project in Wyoming, aiming to expand and upgrade resources before a planned Q3 2026 Mineral Resource update and Scoping Study.

Fortuna Metals has appointed mineral sands marketing veteran Ian Hind to lead its marketing strategy as it ramps up drilling at the Mkanda and Kampini rutile projects in Malawi, aiming to advance resource definition and commercial viability in 2026.

TG Metals targets a potential doubling of its laterite gold resources at Van Uden, advancing heap leach project designs and awaiting drilling approvals.

Yandal Resources is ramping up its 2026 exploration campaign in the Yandal Greenstone Belt, leveraging a $14.7 million cash reserve and new infrastructure to expand discoveries at Arrakis, Flushing Meadows, and Mt McClure.

Brightstar Resources (ASX:BTR) has reported multiple high-grade gold intercepts from ongoing drilling at its Sandstone Gold Project, supporting a mid-year resource upgrade and Pre-Feasibility Study.

Dreadnought Resources has reported some of the highest-grade gold intercepts yet at Metzke’s Find, extending mineralisation beyond its 2023 resource and setting the stage for a resource upgrade in July 2026.

Sunstone Metals has extended gold-copper mineralisation at its Bramaderos project in Ecuador, with recent drill holes intersecting significant widths that support upgrading a large exploration target into resources.

Midas Minerals has delivered its highest-grade copper and silver intercepts yet at the T-13 deposit in Namibia, with ongoing drilling poised to expand resources and accelerate exploration.

Pacgold Limited has poured its first gold doré bar from the White Dam Gold Project, signalling its shift from exploration to production and initiating cash flow to support growth.

GoldArc Resources has secured full ownership of Mt Stirling and launched partner-funded drilling campaigns across its Leonora North and South projects, delivering multiple high-grade gold results and locking in a binding development deal with Mineral Mining Services.

Adavale Resources reports strong assays from initial drillholes at London-Victoria, revealing high-grade northern lodes and broad southern mineralisation that underpin resource growth potential.