Latest Reverse Circulation Drilling News

Nelson Resources has consolidated the historic Gold Point mining district in Nevada with a 90% stake, unveiling high-grade gold-silver potential and preparing for maiden drilling in Q2 2026. Meanwhile, a strategic partnership with MEGA Resources advances a major drilling program at the Yarri Gold Project in Western Australia.

Miramar Resources has kicked off a significant reverse circulation drilling campaign at its Gidji JV Gold Project, targeting promising bedrock gold deposits near Kalgoorlie. The program aims to follow up on earlier discoveries of supergene gold anomalies with deeper exploration.

Yandal Resources has made significant progress at its Arrakis gold discovery, confirming a large, high-grade mineralised system while securing a strong cash position to fuel accelerated exploration in 2026.

Lefroy Exploration has transitioned its Lucky Strike Gold Mine from approvals to active mining, with first ore haulage and toll milling set for early 2026. Meanwhile, promising drilling results at the Burns Gold Project hint at further resource growth.

WIN Metals has announced a significant 46% increase in the Mineral Resource Estimate at its Radio Gold Project, now totalling 41,000 ounces of gold. This upgrade, supported by extensive drilling, sets the stage for imminent mine planning and a potential development decision by mid-2026.

QX Resources has confirmed high-grade uranium mineralisation at its Madaba project in Tanzania and commissioned a detailed airborne radiometric survey to refine drill targets. Meanwhile, gold and iron ore projects in Australia await further exploration.

GoldArc Resources has identified multiple high-priority gold targets at its Leonora projects and secured strategic partnerships to accelerate mining development, backed by a $2.5 million cash advance facility.

Corazon Mining has secured key gold assets in Western Australia, finalising the Two Pools acquisition and gaining an option on Feather Cap, backed by fresh capital to fund imminent drilling programs.

New Age Exploration Limited (ASX, NAE) has progressed its drilling program at the Wagyu Gold Project in Western Australia while confirming promising gold mineralisation in New Zealand’s Otago region, supported by a recent $3.75 million capital raise.

Cannindah Resources has reported significant high-grade gold and copper intersections from its first deep drilling campaign at the Mt Cannindah Southern Porphyry Target, confirming a large and fertile mineral system.

Venus Metals Corporation has announced a significant JORC 2012 compliant Exploration Target for zinc and indium at its Youanmi Base Metals Project, with plans for extensive drilling in 2026 to advance the project.

Rincon Resources has advanced its strategic partnership with Greatland Resources through a staged farm-in and joint venture agreement, while delivering promising drilling results that extend the Hasties gold-copper deposits near the Telfer mine.