Latest Reverse Circulation Drilling News

Resolution Minerals has reported final assay results from its 2025 drilling campaign at the Golden Gate prospects in Idaho, revealing extensive near-surface gold mineralisation alongside significant tungsten intercepts. The findings confirm the potential for a large, open-ended gold-tungsten deposit, setting the stage for accelerated exploration in 2026.

Terra Metals has confirmed a large, high-grade platinum group metals (PGM) sulfide system at its Southwest SW6 Prospect, revealing thick mineralisation open at depth and a compelling new platinum-rich zone. This discovery expands the scale and complexity of the Dante Project’s magmatic system, setting the stage for an ambitious drilling campaign.

Renegade Exploration has reported significant gold, silver, and copper rock chip assay results from its Fireball Ridge Project in Nevada, confirming the potential of multiple mineralised zones within the prolific Walker Lane Trend.

Lunnon Metals reports robust drilling results at Lady Herial, confirming significant high-grade gold mineralisation beyond current open pit plans and signalling potential for an expanded mining footprint.

Tambourah Metals reports robust high-grade gold discoveries at Beatty Park South and Tambourah King, alongside promising critical minerals results at Speewah North, supported by active drilling and strong funding.

Santa Fe Minerals has initiated a significant drilling campaign at its Satama Gold prospect, aiming to define a JORC resource across a 2.5km strike length. The program combines diamond and reverse circulation drilling to test promising gold lodes at depth and along strike.

Askari Metals reports strong Phase 1 trenching results at its 100%-owned Uis Project in Namibia, confirming significant polymetallic mineralisation including tin, lithium oxide, tantalum, rubidium, and caesium. The company plans reverse circulation drilling in Q2 2026 to further define the resource.

Power Minerals has reported strong final results from shallow auger drilling at its Santa Anna Project in Brazil, confirming high-grade niobium and rare earth mineralisation from surface to end of hole. The company has now commenced a 10,000-metre deep drilling campaign to explore and extend this promising mineral footprint.

Caprice Resources has launched a significant 5,000-metre reverse circulation drilling program at its Vadrians gold deposit, aiming to extend known high-grade zones and prepare for deeper drilling campaigns.

Red Mountain Mining has initiated metallurgical test work on high-grade samples from its Oaky Creek Antimony Prospect, advancing the Armidale Antimony-Gold Project towards commercial validation. This move aims to de-risk the asset ahead of drilling and capitalise on strong early exploration results.

Hot Chili Limited has reported further strong near-surface copper-gold drill results at its La Verde porphyry discovery in Chile, reinforcing the potential for a higher-grade starter pit within the Costa Fuego project. Visual mineralisation from deeper drilling suggests significant expansion of the high-grade core, with assays pending.

Kalgoorlie Gold Mining’s recent diamond drilling at Kirgella Gift and Providence deposits reveals thick gold mineralisation extending well below previous resource estimates, signalling promising vertical growth potential.