Latest Resource Drilling News

Terra Metals’ latest drilling confirms a large-scale, continuous PGM-Cu-Ni-Co sulfide system at its Southwest Prospect, extending the mineralised footprint beyond the existing Dante resource and setting the stage for a maiden Southwest Mineral Resource Estimate later this year.

TechGen Metals has secured A$2.7 million through an oversubscribed placement to fast-track maiden drilling at its flagship Blue Devil copper-gold project in WA, alongside advancing exploration at Dalgaranga and John Bull gold assets.

LinQ Minerals has pinpointed a significant geophysical drill target south of its Gidginbung gold deposit, hinting at a potential 2km strike extension. Concurrently, reinterpretation of the Dam deposit suggests it may be part of a larger, blind porphyry system to the north, with drilling plans in motion for both targets.

European Resources has significantly expanded the exploration potential at its Korsnäs rare earth project in Finland, increasing the Exploration Target by up to 190% to between 18 and 32 million tonnes at 0.8% to 1.0% TREO. This growth follows new passive seismic survey results and geological modelling extending mineralisation down to -400 m RL.

Midas Minerals extends high-grade copper and silver intercepts at Namibia’s T-13 deposit, reinforcing resource continuity ahead of a planned update later this year.

Gold Mountain Limited has reported additional high-grade rare earth mineralisation at its Ayrton Senna Prospect within the Down Under Project in Brazil, with assay results highlighting shallow mineralisation open at depth and strong magnet rare earth oxide ratios.

OzAurum Resources has delivered another round of strong near-surface gold intercepts at its Mulgabbie North Paleochannel Project, reinforcing a low-cost heap leach development pathway and progressing site construction.

GoldArc Resources has delivered its widest and some of its highest-grade gold intercepts yet at Mt Stirling, advancing the project towards open-pit mine planning with over 60% of a partner-funded grade control drilling program completed.

Ark Mines has produced high-grade monazite and titanium dioxide products from its Sandy Mitchell heavy mineral concentrate, marking a key step toward commercialising its North Queensland rare earths project.

Prodigy Gold has won a $112,152 co-funding grant from the Northern Territory Government to drill a 600m hole at its Hyperion Gold Deposit, targeting a major untested geophysical anomaly that could expand the 454,000-ounce resource.

Rox Resources has secured a fixed-cost EPC contract for its Youanmi processing plant while accelerating underground mining fronts and stockpile development, keeping first gold pour on track for mid-2027.

Caspin Resources has pinpointed a compelling new drill target, the Moss Prospect, just 1km from its Kelpie tin deposit in NSW, with geophysical and geochemical signatures mirroring those of the existing resource. Drilling is set to commence shortly, following ongoing resource expansion work at Kelpie.