Latest Reverse Circulation Drilling News

Havilah Resources sees key milestones at Kalkaroo and Mutooroo projects, with Sandfire's $70 million prefeasibility study underway and Kantra Copper commencing Mutooroo evaluation. A shareholder distribution is targeted before year-end.

Falcon Metals has raised A$30 million through a placement priced at A$0.60 per share, bolstering its capacity to expand diamond drilling at Blue Moon and initiate maiden reverse-circulation drilling at Errabiddy.

Green & Gold Minerals posted a $886,828 loss for FY2026 amid a transformative year marked by its ASX listing and expansion into base metals exploration with the Herberton acquisition.

Bayan Mining has finalised the sale of its Bayan Springs North Project to Sun Silver, securing upfront and contingent payments while retaining a 1% royalty to maintain exposure to future exploration success.

Latitude 66 Limited has announced a maiden Mineral Resource Estimate for its Tin Dog Prospect and an upgraded resource at Red Dog within the Laverton Gold Project, boosting its total gold inventory to 339,000 ounces at Laverton and 918,000 ounces globally.

Duketon Mining has kicked off a 2,500-metre reverse circulation drilling program at its Barlee Gold Project, aiming to extend promising gold mineralisation identified in its maiden campaign and supported by strong soil geochemistry.

Tivan has secured all necessary regulatory and heritage clearances to launch a maiden drilling campaign at Walshy’s Wall, a promising manganese-barite gossan with high-grade fluorite and polymetallic potential in the Northern Territory.

Magmatic Resources is set to resume Reverse Circulation drilling at its Weebo Project, focusing on expanding known gold mineralisation at Otto 2 and Ockerburry 3 and testing new ground at Scone Stone West.

Novo Resources Corp bolsters its Australian gold and copper exploration pipeline with a maiden inferred resource at Belltopper and strategic gains at Egina following Northern Star’s JV exit.

iTech Minerals has unveiled a transformative year at its Reynolds Range project with high-grade gold-antimony discoveries and a lithium joint venture with SQM, while managing a $1.09 million net loss and bolstering its cash reserves.

Discovery Alaska Limited (ASX: DAF) has secured a strategic foothold in Western Australia’s Murchison Goldfields through the acquisition of the Cuddingwarra Gold Project, backed by a $900,000 placement to fund exploration and expansion.

Western Mines Group has reported strong Phase 5 assay results from its Mulga Tank Project, revealing broad nickel sulphide intersections with promising grades of nickel, cobalt, copper, and platinum group elements that support a hybrid mineral system.