Latest Reverse Circulation Drilling News

Stavely Minerals has initiated an updated 2026 Scoping Study for its Stavely Project, reflecting significantly improved metal prices and exploration results that extend gold mineralisation across multiple prospects.

Triton Minerals has executed a key agreement advancing the sale of 70% of its Mozambique graphite assets and completed initial drilling at its Aucu gold-copper project, positioning the company for growth amid stable operating conditions.

Renascor Resources has marked significant progress in constructing its government-backed Purified Spherical Graphite demonstration facility while advancing exploration and upstream optimisation, maintaining a robust cash position of approximately A$97 million.

PolarX Limited reported steady progress in its Nevada and Alaska exploration projects during the December 2025 quarter, with key drilling programs completed and a significant joint venture funding milestone achieved with Northern Star Resources.

Paterson Resources has completed the first phase of an extensive drilling campaign at its Grace Gold-Copper Project, raising $752,000 through a rights issue to fund further exploration and resource upgrades.

Peregrine Gold has identified a second large-scale, high-grade Channel Iron Deposit near Newman, Western Australia, while expanding its Rocklea Gold Project footprint and maintaining a strong cash position.

Tambourah Metals has reported impressive high-grade gold intersections at its Bryah and Tambourah projects, alongside significant critical mineral discoveries at Speewah North, supported by a $5.2 million capital raise to advance exploration.

Lord Resources has reported final assay results from its maiden drilling at the Ilgarari Copper Project, revealing significant high-grade copper extensions and refining its geological model.

Charger Metals NL has retained 100% ownership of its Lake Johnston Lithium and Gold Project after Rio Tinto Exploration withdrew from their farm-in agreement. The company also reported a maiden lithium resource at Medcalf and uncovered significant high-grade gold intercepts at the Xmas Gold Discovery.

Antares Metals has strategically acquired two Western Australian gold and copper projects while uncovering a significant high-grade copper zone at its Mt Isa North project, backed by a $2 million capital raise and new leadership.

SQX Resources has validated historic high-grade gold and silver assays at its US projects, completed a strategic acquisition, and raised $2 million to accelerate exploration.

Native Mineral Resources reports strong assay results from its Blackjack Gold Project in Queensland, revealing significant shallow gold mineralisation and prompting a restart of mining operations.