Latest Resource Drilling News

Gold Mountain Limited has reported significant extensions to its rare earth mineralisation at the Irajuba Down Under Project in Brazil, confirming high-grade total and magnet rare earth oxides and paving the way for resource drilling.

Horizon Minerals reported steady gold production from Boorara and Phillips Find, unveiled promising high-grade drilling results at Burbanks, and acquired the Gordons Project near Black Swan, while progressing a key Pre-Feasibility Study for a gold processing plant conversion.

Horizon Gold advances its Gum Creek project with significant gold intercepts from water bore drilling and launches an AI-powered exploration platform, while maintaining its feasibility study timeline and securing $12 million in fresh capital.

Prospech Limited reports steady progress on rare earth element metallurgy at its Korsnäs project and promising gold-silver drill results in Slovakia, backed by a fully subscribed $2.1 million capital raising.

Platina Resources has secured a conditional agreement to acquire the Sunrise Bore Gold Project, significantly expanding its landholding in Western Australia's prolific Laverton gold district. The project offers promising historical mineralisation and strong exploration potential near key regional mines.

TechGen Metals reports significant exploration progress with new high-grade copper and gold discoveries across multiple projects, supported by a successful $3.77 million capital raise. The company is poised to advance drilling programs amid strong commodity markets.

Mithril Silver and Gold Limited reports a significant 10.9 g/t gold equivalent intercept over 8 meters, extending the Target 1 strike at its Copalquin project in Mexico by 300 meters. The company advances multiple drill targets supported by ongoing geological studies and a district-wide aerial magnetic survey.

Kairos Minerals has raised approximately A$27 million through a premium share placement to fund drilling and development at its Mt York and Roe Hills gold projects in Western Australia, attracting robust demand from institutional investors.

Titan Minerals has landed a US$10 million strategic investment from Lingbao Gold International, acquiring nearly 10% of the company and setting the stage to fast-track its Dynasty Gold Project in Ecuador.

Astral Resources reports strong assay results from 29 additional holes at Theia Deposit, confirming broad zones of high-grade gold consistent with its existing resource model. The ongoing in-fill drilling program advances the Mandilla Gold Project towards production readiness.

North Stawell Minerals (ASX – NSM) showcased promising high-grade gold intercepts at the Australian Gold Conference, reinforcing its position in Victoria’s prolific Stawell Mineralised Corridor. The company’s exploration pipeline, including the Darlington-Caledonia trend and Wildwood prospect, signals significant upside potential near existing milling infrastructure.

Barton Gold Holdings has raised $17.5 million through a placement led by Franklin Templeton and a Share Purchase Plan, aiming to commission its Central Gawler Mill by late 2026 and advance the Tunkillia Gold Project.