Latest Reverse Circulation Drilling News

Torque Metals is initiating a targeted 6,500-metre drilling program at its Paris Gold Project, leveraging advanced electromagnetic surveying to unlock new high-grade gold zones and potentially grow its resource base.

Redcastle Resources has significantly boosted its gold Mineral Resource Estimates to 42,000 ounces across its Queen Alexandra and Redcastle Reef deposits, marking a 280% increase from its maiden resource. The company is advancing towards near-term production with a strategic partnership and ongoing scoping study.

Estrella Resources has confirmed a $5 million capital injection from a strategic investor exercising a tranche subscription option, underpinning its ambitious manganese and limestone projects in Timor-Leste.

Sunrise Energy Metals has reported promising assay results from its latest drilling campaign at the Syerston Scandium Project, revealing multiple new zones of high-grade scandium mineralisation. These findings come as global scandium supply tightens following recent Chinese export restrictions.

Power Minerals has completed a 2,272-metre drilling program at its Santa Anna niobium-REE-gallium project in Brazil, advancing its due diligence ahead of a potential acquisition. Results expected in July could pave the way for a maiden resource estimate.

Albion Resources has initiated a significant Reverse Circulation drilling campaign at its Yandal West Project, targeting historically rich gold zones with promising exploration potential.

New Frontier Minerals has finalized key drill targets for Heavy Rare Earth Elements, Niobium, and Uranium at its Harts Range Project, supported by a $59,000 Northern Territory government grant and progressing towards a maiden drilling campaign.

Accelerate Resources has launched a 2,000m drilling campaign at its Kanowna East Gold Project near Kalgoorlie, targeting basement-hosted gold mineralisation with promising historical results backing the effort.

Reedy Lagoon Corporation has identified several promising gold exploration targets at its Burracoppin Project in Western Australia, leveraging detailed magnetic surveys and extensive soil sampling. The company plans to advance to drilling after securing necessary permits and agreements.

Verity Resources has confirmed a new gold mineralisation trend at its Monument Gold Project in Western Australia, with early drilling results at the Triton Prospect supporting follow-up resource expansion plans. The company also highlights McKenzie Well as a promising new target, setting the stage for an aggressive exploration campaign.

Future Battery Minerals has identified a significant 1.75km gold anomaly at its Miriam Project in Western Australia, setting the stage for a promising drilling campaign starting in July 2025.

Trek Metals has expanded its Christmas Creek exploration by adding a diamond drill rig to complement ongoing reverse circulation drilling, aiming to deepen geological insights and target high-grade gold zones.