Latest Reverse Circulation Drilling News

Carnaby Resources has delivered a robust Pre-Feasibility Study and declared its maiden Ore Reserve at the Greater Duchess Copper Gold Project, setting sights on first production in the second half of 2026.

Moho Resources has expanded its Bush Chook Gold Project by acquiring the high-grade Rocky Ridge prospect and is set to launch a 5,000m drilling campaign in May targeting multiple gold-antimony zones.

Horseshoe Metals reveals high-grade gold and silver assays that enhance the value of copper Direct Shipping Ore at Horseshoe Lights, unlocking new revenue potential amid strong copper prices and active offtake talks.

Skylark Minerals has kicked off its largest drilling campaign at the Zaranou Gold Project in Côte d’Ivoire, confirming deeper and thicker gold mineralisation that could expand its 364,600-ounce inferred resource.

New Age Exploration (ASX: NAE) has confirmed high-grade gold mineralisation consistent with Hemi-style intrusion at its Wagyu Gold Project in Western Australia, while also expanding its footprint through the acquisition of the Wallah Silver Project in NSW and progressing drilling in New Zealand.

Hammer Metals has kicked off a Reverse Circulation drilling campaign at its Mount Isa Kalman project, aiming to upgrade inferred copper-gold resources and expand near-surface mineralisation. The program supports an upcoming Scoping Study and reflects optimism due to recent strength in copper, molybdenum, and rhenium prices.

Catalina Resources has broadened its exploration footprint at Beasley Creek, unveiling multiple new copper-gold-silver targets along a key structural corridor and securing $180,000 in Western Australian government funding to kickstart drilling.

Bayan Mining and Minerals delivers strong rare earth assay results from its Desert Star project, advances permitting and drill planning at Bayan Springs South, and strengthens its leadership and strategic positioning.

Accelerate Resources bolsters its Woodie Woodie North manganese project with strong validation from historic drilling and fresh analysis, setting the stage for mid-year drilling targeting direct shipping ore.

Kingfisher Mining has confirmed high-grade copper-gold mineralisation at Copper Blow, secured a processing deal with Broken Hill Mines, and completed its Gascoyne REE divestment, sharpening its NSW focus.

Deep Yellow Limited has accelerated development at its flagship Tumas uranium project in Namibia, nearing construction readiness with significant engineering and earthworks milestones. Exploration success at the nearby Tinkas Prospect and strategic leadership appointments position the company well amid a strengthening uranium market.

Sabre Resources (ASX:SBR) has secured 80% stakes in two companies holding nearly 4,000km² of highly prospective gold and copper-gold projects in the Northern Territory, including drill-ready targets analogous to the Tennant Creek Mineral Field. A heavily supported $2 million placement will fund aggressive exploration including imminent drilling.