Latest Reverse Circulation Drilling News

AusQuest’s latest drilling at Cangallo confirms a 1.5km mineralised copper-gold corridor with emerging higher-grade zones, setting the stage for a major diamond drilling campaign targeting deeper sulphides.

Dreadnought Resources has launched a comprehensive target definition program at its Mangaroon Gold Project, deploying soil sampling and a gradient array induced polarization survey to pinpoint new drill targets ahead of discovery-focused drilling later this year.

Golden Globe Resources (ASX:GGR) has reported promising copper and gold assay results from its Phase 1 diamond drilling at Queensland's Dooloo Creek, validating its geological model and setting the stage for a follow-up drill program in late Q3 2026.

Resource Minerals International Ltd (ASX:RMI) has raised $3.5 million through a share placement to fund upcoming drilling programs in Tanzania and Saudi Arabia, targeting copper-gold and precious metals.

Ore Resources (ASX: OR3) has kicked off a 3,000m reverse circulation drilling campaign at its Coolgardie Lithium Projects, targeting strike extensions and infill at the Big Red and Potoroo pegmatites. The program follows strong historical lithium intercepts and promising metallurgical testwork, with results due in June 2026.

Metal Hawk has obtained $175,000 in government co-funding to advance diamond drilling at its Leinster South Project, focusing on a structurally significant gold target.

Connected Minerals (ASX:CML) is set to acquire Frontier Group CRM, gaining control of an 80% interest in the Bailundo carbonatite project in Angola, boasting near-surface high-grade niobium and rare earth mineralisation. Backed by a $4.5 million capital raise, the company aims to fast-track exploration in this emerging critical minerals jurisdiction.

Ballymore Resources is raising $3.24 million through a non-renounceable entitlement offer to fund drilling, geophysical surveys, and trial mining across key Queensland projects, including Dittmer and Ruddygore.

White Cliff Minerals has visually confirmed copper sulphides over a 1.8 km strike at its Danvers copper project, doubling the known mineralised footprint and intersecting thick chalcocite-rich zones within a major geophysical anomaly.

Magmatic Resources reports promising copper and gold intercepts from its FY2026 drilling at the Myall FJVA Copper-Gold Project, funded by Fortescue, while preparing to ramp up gold drilling at Weebo in Western Australia.

Altitude Minerals has locked in an exclusive option for the W-Project near Winnemucca, Nevada, adding a sizeable epithermal gold-silver system to its portfolio. Historical drilling shows widespread mineralisation but leaves key high-grade feeder zones untested, setting the stage for a 2026 exploration push.

Black Canyon is progressing its Wandanya Project with robust drilling and beneficiation results, underpinning a large manganese resource and promising scoping study economics.