Latest Reverse Circulation Drilling News

Marmota Limited reports a stellar quarter with major titanium mineral sands discovery at Muckanippie and high-grade gold extensions at Aurora Tank, underpinning an aggressive drilling campaign and capital raise.

Asra Minerals has successfully completed Phase 1 drilling at its Leonora North and South gold projects, confirming significant gold mineralisation and setting the stage for an expanded Phase 2 program in March 2025.

New Age Exploration Limited (ASX: NAE) reports encouraging gold intercepts from its Wagyu Gold Project in the Pilbara, Western Australia, alongside a $1.75 million capital raise to fund further exploration. The latest drilling phases reveal a significant 'sickle-shaped' mineralised zone, reinforcing the project's potential.

Larvotto Resources has reported robust progress at its Hillgrove Antimony-Gold Project, highlighted by exceptional drilling results and a successful $30 million capital raise, positioning the company for production by late 2025.

Surefire Resources NL advances its flagship Victory Bore project with a formal Expression of Interest from Germany’s HMS Bergbau, while new gold and copper targets emerge at the Yidby Project following recent drilling successes.

Audalia Resources has completed a key drilling program at its Medcalf Project, delineating promising mineralisation zones while significantly boosting its cash reserves through a recent capital raise.

GWR Group Limited reports completion of phase two drilling at its Prospect Ridge Magnesium Project with assay results pending, while divesting its Hatches Creek interest to bolster focus and capital for growth.

Great Southern Mining Limited reports promising assay results from its Duketon Gold Project, extending high-grade gold mineralisation and identifying new anomalies, alongside a $2.4 million capital raise to fund ongoing exploration.

Venus Metals Corporation has initiated a reverse circulation drilling campaign at its Hilltop Prospect within the Henderson Gold Project, aiming to test promising high-grade gold mineralisation identified in recent sampling.

Corella Resources reports promising rare earth element drilling results at its Tampu Project alongside significant board and management changes, while facing tight cash reserves.

True North Copper has successfully recapitalised following voluntary administration, securing a strong balance sheet and pivoting to an aggressive exploration strategy at its key Queensland copper projects.

Odyssey Gold Limited reports compelling diamond drilling results at its Tuckanarra Gold Project, confirming deeper mineralisation continuity and validating new exploration models. The company plans expanded airborne EM surveys and further drilling to unlock additional resource potential.