Latest Reverse Circulation Drilling News

Ballymore Resources advances its Queensland exploration portfolio with a significant new gold-copper target beneath Dittmer and promising drilling results at Cedar Ridge and Ravenswood. Preparations for a deep drilling campaign at Dittmer are underway, signaling potential for a major resource upgrade.

Capricorn Metals Ltd has reported a substantial 41% increase in the Ore Reserve Estimate at its Mt Gibson Gold Project, driven by ongoing drilling that continues to deliver exceptional high-grade results and promising underground potential.

Verity Resources has confirmed a significant 1.1km extension of gold mineralisation at the Fred's Well Prospect within its Monument Gold Project in Western Australia, highlighting promising drill results and plans for pit optimisation studies in 2025.

Berkeley Energia's latest drilling at the Conchas Project in Spain reveals consistent, shallow lithium and rubidium mineralisation, underscoring the project's critical minerals potential. Metallurgical testing and 3D modelling are next steps to unlock value.

Regener8 Resources has completed maiden drilling at its East Ponton project, confirming Mulga Rock-style polymetallic mineralisation with notable gold, nickel, and cobalt intercepts. The company now shifts its exploration focus to the promising North Achilles project in New South Wales.

Tungsten Mining NL has reported significant high-grade tungsten and copper mineralisation from its recent drilling campaign at the Hatches Creek Project, setting the stage for a maiden Mineral Resource estimate in the March quarter.

Aurumin Limited has entered a potentially lucrative joint venture with Newcam Minerals for iron ore rights worth up to $7 million, while advancing gold exploration with significant drilling at its Central Sandstone Project.

Redcastle Resources has kicked off an extensive 8,500-metre drilling program across its Eastern Goldfields projects, supported by a recent $3.7 million capital raise and strategic licence acquisition.

Great Dirt Resources Ltd. has confirmed significant manganese mineralisation at its Junior Prospect in NSW, revealing promising high-grade zones and multiple stacked lodes that could substantially boost the project's resource potential.

Leeuwin Metals Limited (ASX:LM1) has secured a transformative acquisition of the Marda Gold Project, significantly enhancing its portfolio with a high-grade gold asset in Western Australia. The company also announced a $3.25 million capital raising to fund extensive exploration across its Australian and Canadian projects.

Astral Resources has reported its most significant diamond drilling results to date at the Theia Deposit within the Mandilla Gold Project, with drill-hole MDRCD918 delivering an exceptional 1,079 gram-metres of gold mineralisation. This breakthrough is expected to underpin an upgrade of the resource classification ahead of a Mineral Resource Estimate update scheduled for March 2025.

Thor Energy PLC advances its clean energy ambitions through a strategic acquisition in South Australia's hydrogen sector and promising uranium drilling results in the US.