Latest Reverse Circulation Drilling News

Thor Energy has announced the issuance of 25 million new shares following successful exploration milestones and director performance targets, with shares set to begin trading on AIM and ASX on August 1.

Rand Mining Ltd reported solid gold production of 8,916 ounces in the June 2025 quarter, alongside improved cash flow and ongoing exploration success at key Western Australian projects.

Tennant Minerals has identified a significant copper anomaly at its Bluebird East prospect, mirroring the high-grade Bluebird discovery, while advancing large-scale gold-copper targets at its Barkly Project in the Northern Territory.

Hot Chili Limited confirms a significant copper-gold mineralisation footprint at its La Verde discovery in Chile, completing phase-one drilling and advancing strategic funding discussions for its key projects.

Gullewa Limited reports significant progress in its mining and property ventures, including a major drilling campaign and lot sales, setting the stage for an updated resource estimate.

Artemis Resources has secured $4.75 million in funding to launch a major drilling campaign across its gold, copper, and lithium projects in Western Australia, setting the stage for significant resource growth and development.

Leeuwin Metals has reported strong high-grade gold assay results from its latest drilling at the Marda Gold Project, with significant mineralisation extending below existing pits and new targets identified. The company aims to deliver a maiden Mineral Resource Estimate this quarter, supported by ongoing exploration and drilling.

Beacon Minerals has completed an 8-hole diamond drilling program at its Iguana deposit, revealing significant high-grade gold mineralisation and confirming geotechnical stability for pit designs. These findings set the stage for an updated resource model and future development plans.

Nimy Resources has reported exceptional high-grade gallium results from its Block 3 drilling campaign in Western Australia, setting the stage for a maiden JORC resource estimate in the coming quarter.

AusQuest Limited has reported significant new coarse-grained magnetite intersections across multiple prospects at its Morrisey Project in Western Australia, signaling promising potential for premium iron product development.

Asara Resources has kicked off Phase 1 drilling at its Massan Deposit in Guinea’s Kada Gold Project, while resolving a key legal dispute in Chile and maintaining a solid cash position of A$3.2 million.

Prodigy Gold has updated its mineral resources at the Tanami North Project, increasing gold ounces to over half a million, while securing $6.35 million in a recent entitlement offer to fund further exploration and development.