Latest Reverse Circulation Drilling News

Mount Hope Mining has locked in a drill contractor for its Mt Solitary Phase 3 program, aiming to extend gold mineralisation and advance towards a maiden JORC resource by year-end.

Somerset Minerals has pushed back the closing date for its non-renounceable entitlement offer, giving shareholders until 5 August 2026 to participate in the capital raise aimed at funding its copper exploration projects in Nunavut and Ecuador.

Athena Resources has kicked off a 2,900m drilling campaign at its 100% owned Narryer Project, backed by a $3.5 million placement and shareholder-approved share consolidation to streamline capital structure.

Metal Hawk has resumed reverse circulation drilling at its Leinster South Project, aiming to expand on recent high-grade gold intercepts at the Thylacine and Tysons prospects. The campaign is expected to last up to three weeks, with assay results due in about a month.

CGN Resources has bolstered its position in the Leonora gold district by acquiring the 142 km² Desdemona Project, expanding its landholding to 386 km². The company has initiated its first reverse circulation drilling program at Christmas Well targeting multiple high-priority gold prospects.

Mt Malcolm Mines is initiating a 2,000–2,500m drilling campaign at its Golden Crown Prospect, aiming to expand and upgrade its recently defined 4,600-ounce gold resource in Western Australia.

Rox Resources has delivered strong drilling results at its Youanmi Gold Mine, confirming promising underground grades and new exploration targets that could extend mine life beyond current plans.

Sunshine Metals has boosted its Liontown gold-silver resource in Queensland, increasing contained gold by 13%, silver by 21%, and overall tonnes by 28%, underpinning plans for mid-2027 gold production at the Mt Moss facility.

Great Bear Exploration is gearing up for a major 2026 field campaign at its vast Great Bear Project in Canada, armed with fresh high-grade assay results and a cutting-edge airborne geophysics survey to refine drill targets.

AuKing Mining has confirmed a widespread carbonatite system at its Tundulu Rare Earth Project in Malawi, intersecting carbonatite in 26 of 27 reverse circulation drill holes and setting the stage for diamond drilling to commence.

Western Ridge Resources has unveiled an initial Exploration Target of up to 14.5 million ounces of silver at its Keystone Mine in Nevada, backed by recent sampling and geological modelling. The company is gearing up for its first drilling campaign in over 80 years to test and expand this promising target.

Star Minerals has begun mining at its Tumblegum South Gold Project with high-grade gold intercepts confirmed, while also expanding its footprint by securing a large new exploration project near Merredin in Western Australia.