Latest Reverse Circulation Drilling News

AuKing Mining has locked in a A$5 million placement at a premium to VWAP, backed by strategic and global investors, to accelerate drilling at its Tundulu rare earths project in Malawi.

Falcon Metals has pushed its Blue Moon gold mineralisation beyond 600 metres of strike, uncovering a new Jasmine Zone and confirming visible gold in multiple locations. The company also advanced its Pyramid Hill and Errabiddy projects while maintaining a robust A$15.4 million cash position.

Hammer Metals has confirmed broad and continuous copper-gold-molybdenum-rhenium mineralisation at its Kalman project, highlighted by a standout 165m intercept grading 1.96% recovered copper equivalent in drill hole K162. The results bolster resource confidence ahead of a planned Scoping Study.

Great Western Exploration has kicked off a reverse circulation drilling campaign at its promising Juggernaut copper-gold targets, with assay results from Diorama aircore drilling expected soon. The company also plans potash monitoring at Lake Way and faces pending tenement forfeiture hearings.

Stelar Metals has revealed multiple rock chip assays exceeding 1% WO3 at its Hill of Leaders Project, marking a significant new tungsten discovery in the Northern Territory. The company is fast-tracking drilling to test the system's scale amid tightening global tungsten supply.

Sabre Resources has secured $2 million in a placement to fund drilling across its newly acquired 4,000km2 copper and gold projects near Tennant Creek, targeting high-potential IOCG and gold mineralisation.

BPM Minerals is set to embark on a record 20,000m drilling campaign at its Forelands Gold Project in WA, targeting maiden resource estimates and testing a major gold anomaly with strong geological promise.

AuKing Mining has obtained export approval from Malawi authorities for its initial drill samples at the Tundulu Rare Earths Project, marking a key step toward upcoming assay results expected in late July.

Somerset Minerals has dispatched its entitlement offer prospectus to shareholders, opening a non-renounceable offer from 9 July to 22 July 2026. The capital raising supports ongoing exploration at its Nunavut copper projects.

Great Southern Mining (ASX:GSN) is pushing forward with aggressive drilling campaigns across its Western Australian and Queensland gold projects, supported by a recent $4.6 million equity placement. Early results hint at promising extensions of known mineralisation, setting the stage for further resource growth.

Astral Resources reports strong assay results from infill drilling at Theia, underpinning resource upgrades and de-risking early Mandilla mine development near Kalgoorlie.

Cyprium Metals has identified significant oxide copper mineralisation across a large section of the Nifty waste dump, potentially adding a low-cost feed source for its heap leach and SXEW operations as it advances the copper complex restart.