Latest Resource Drilling News

Black Canyon Limited reports strong assay results confirming shallow, high-grade manganese and iron mineralisation at its Wandanya Project, with expansion drilling extending the manganese horizon 400m south and revealing further targets to the north and east.

Krakatoa Resources (ASX: KTA) has raised $1.6 million through a placement to fund its 2026 drilling and development program at the Zopkhito Antimony-Gold Project. The capital will support efforts to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate, alongside metallurgical and environmental studies.

Terra Metals has reported thick, continuous platinum group metal-copper-nickel sulfide mineralisation over a 950m strike at the Southwest zone of its Dante Project, with deeper assays pending and exploration advancing rapidly.

Black Canyon has won a $264,800 WA government grant to fund a detailed gravity survey and deep RC drilling at its Wandanya manganese project, accelerating its path to a maiden resource estimate.

Green & Gold Minerals (ASX: GG1) has secured a drill for equity deal with Centurion Drilling, enabling a 30% increase in drilling metres at its Herberton and Chillagoe projects without additional cash outlay.

GoldArc Resources has completed the first phase of a 34,000m grade control drilling program at Mt Stirling, delivering consistent broad mineralisation and higher-grade zones that underpin updated mine models ahead of regulatory approval.

Maritana Minerals has launched a fully funded 60,000-metre resource conversion drilling campaign targeting four key projects to upgrade Mineral Resources and bolster mine planning for the Black Swan Processing Hub.

Sabre Resources is poised to kick off a major drilling campaign at its Kurundi North Project, aiming to unlock copper-gold deposits analogous to Tennant Creek. This follows a transformative acquisition pending shareholder approval and includes government-backed funding for follow-up diamond drilling.

Encounter Resources has kicked off a 3,500-metre dual drilling campaign at its Yeneena Copper Project, aiming to extend known high-grade copper mineralisation along the Parbo system and complete a diamond hole at Haddon. Results are due in August 2026.

Leeuwin Metals has uncovered multiple significant historical gold intercepts at its Marda Gold Project’s Red Boomerang and Deception Hill prospects, expanding exploration potential beyond the existing 342,300oz resource. Drilling plans for the second half of 2026 are progressing alongside a resource upgrade and assay results from 55 pending holes.

Aeris Resources has received Supreme Court approval to acquire Peel Mining, adding significant copper resources to its Tritton operations and setting the stage for long-life production growth.

McLaren Minerals reports exceptional heavy mineral assay results from its ongoing drilling at the McLaren Titanium Project, with bonanza grades up to 34.6% HM and promising extensions beyond current resources.