Latest Resource Drilling News

Patronus Resources has kicked off its 2026 exploration season with promising high-grade gold results at the Tally Ho deposit in the Northern Territory and secured full ownership of the Guppy prospect in Western Australia, while executing a strategic uranium rights sale.

Pilbara Gold has reported significant new gold intersections below the current pit shell at its Mt York Project, suggesting potential for resource growth ahead of a prefeasibility study update.

Rapid Critical Metals has delivered striking ore sorting results at its Webbs Silver mine, nearly doubling silver grades in unprocessed stockpiled ore and achieving over 90% mass rejection in processed waste, potentially reshaping project economics.

Stellar Resources has boosted its Heemskirk Tin Project resource by 64% at Severn, pushing total contained tin to over 129,000 tonnes, while advancing prefeasibility studies and securing a $22.1 million capital raise.

Flynn Gold has secured a key regulatory milestone by registering Mining Lease Application 6M/2026 over part of its Golden Ridge Project in northeast Tasmania, enabling accelerated development including resource drilling and environmental studies.

Canterbury Resources is pushing ahead with a large-scale drilling program at its Briggs Copper Project while integrating its newly acquired Monto Project, setting the stage for a Pre-Feasibility Study on a potential tier-one copper operation.

Orbminco has completed key drilling and metallurgical milestones at Majestic North, keeping its development timeline on track for a September Mining Development and Closure Proposal lodgement and final investment decision.

Ballard Mining’s June quarter at Mt Ida delivers promising high-grade gold intercepts and new discoveries, underpinning a robust resource growth strategy backed by a solid cash position.

Critical Minerals Group’s Pre-Feasibility Study for its Lindfield Vanadium Project delivers a robust $821 million pre-tax NPV and 26.6% IRR, setting the stage for a Definitive Feasibility Study and potential final investment decision in 2027.

GBM Resources has reported significant extensions and grade improvements at its Twin Hills Gold Project, with Stage 2 drilling revealing mineralisation beyond the existing 1.0Moz resource and identifying over 20 new exploration targets.

Marmota Limited has pushed its Greenewood gold project drilling beyond 20,000 metres in just three months, significantly extending high-grade mineralisation and advancing its maiden scoping study.

MGX Resources is accelerating development at its Central Tanami gold project with underground exploration and resource drilling, while monetising Koolan Island through a $20.2 million sale plus future revenue share, bolstering its cash reserves.