Latest Reverse Circulation Drilling News

Rand Mining reported a solid March quarter with 4,909 ounces of gold produced and ongoing underground development, though cash reserves dipped to $2.33 million reflecting operational pressures.

Lightning Minerals has commenced a significant drilling campaign at its Esperança lithium project in Brazil, alongside promising soil sampling results at its Caraíbas and Canabrava projects, underscoring the company’s growing footprint in the Lithium Valley region.

Sunshine Metals has launched a targeted reverse circulation drilling program at Liontown to upgrade shallow oxide gold and silver resources and advance metallurgical studies, aiming to fast-track development amid strong gold prices.

Arika Resources is set to recommence a significant 6,000m reverse circulation drilling program at its Yundamindra Gold Project, targeting extensions at Pennyweight Point and Landed at Last prospects following recent high-grade gold discoveries.

Piche Resources has extended its Cerro Chacon gold-silver mineralised corridor to 14km and identified multiple high-grade uranium zones at Sierra Cuadrada, setting the stage for an 8,000m drilling campaign in 2Q 2025.

Patronus Resources has identified a new 1km-long gold mineralisation trend at its Cardinia East project following a 6,679m air-core drilling program, setting the stage for further exploration with upcoming reverse circulation drilling.

Power Minerals Limited has identified significant rare earth element potential at its prospective Santa Anna niobium carbonatite project in Brazil, signing a binding letter of intent to acquire the asset and planning immediate drilling to define an exploration target.

Saturn Metals reports robust assay results from 38 drill holes at Apollo Hill, reinforcing the continuity of its 2.03 million ounce gold resource and highlighting significant growth potential ahead of a planned resource upgrade in late 2025.

Golden Mile Resources has awarded a drilling contract to Alford Drilling for its inaugural reverse circulation program at the Pearl Copper Project in Arizona, targeting historically rich Odyssey and Ford prospects.

Rox Resources reports compelling assay results from its 35,000m drilling campaign at Youanmi, alongside advancing metallurgical testing and critical infrastructure upgrades, positioning the project firmly on track for its mid-2025 resource update.

Patronus Resources has reported significant high-grade gold intercepts at its Mertondale Gold Project, confirming substantial exploration upside and unveiling a maiden JORC Exploration Target named Koi. The results reinforce the potential to expand beyond the existing 241,000-ounce resource.

FMR Resources has initiated a 1,500-metre drilling campaign at its Fairfield Copper Project in Canada, targeting extensions of known copper mineralisation at the Demoiselle prospect. Results are expected within weeks, potentially advancing the company’s position in a prolific copper belt.