Latest Reverse Circulation Drilling News

Emu NL has raised $1.4 million through a discounted share placement to fund an expanded drilling program at its Yataga Copper Project, with drilling expected to start by late November 2025, subject to fire risk conditions.

Rincon Resources has reported robust gold and copper assay results from its recent drilling at the Hasties Main deposit, extending mineralisation by 150 meters and confirming grades comparable to the nearby Telfer Mine.

Rokeby Resources has identified a suite of new high-grade gold and antimony prospects at its Hurricane Project in northern Queensland, confirming a district-scale mineralised system. The findings set the stage for an upcoming drilling campaign aimed at unlocking the project's full potential.

Golden Dragon Mining is set to begin a ~2000m drilling campaign at its promising Coodardy gold target in Western Australia, aiming to confirm mineralisation following strong historic results.

Charger Metals has initiated a 3,000m drilling program targeting a significant niobium anomaly at its Lake Johnston Lithium Project, funded by Rio Tinto Exploration. This move could unlock new battery metals potential alongside existing lithium and gold prospects.

Superior Resources has updated its Mineral Resource Estimate for the Steam Engine Gold Project, confirming a substantial 194,000 oz gold resource and revealing significant exploration potential along an additional 10 kilometres of prospective lodes.

Venari Minerals has identified six strong multi-element soil anomalies at its Needles Gold Project in Nevada, highlighting significant untested potential for large-scale epithermal gold-silver mineralisation. The company awaits assay results from recent drilling amid a US lab backlog.

Horseshoe Metals reports strong drilling results confirming extensive shallow copper mineralisation at its Horseshoe Lights Project, with Direct Shipping Ore operations set to begin this quarter amid active offtake and funding talks.

Ballymore Resources’ maiden reverse circulation drilling at the historic Torpy’s Crooked Creek mine reveals significant massive sulphide lead-zinc mineralisation, confirming extensions to the old high-grade silver-lead-zinc workings. Assay results are pending, promising further insights into this emerging Queensland base metals play.

Resources & Energy Group Limited (ASX, REZ) has announced a substantial JORC-compliant exploration target at its Gigante Grande Central Domain, estimating up to 500,000 ounces of gold. An extensive 8,750m drilling program is planned to commence in early 2026 to test and expand this promising resource.

Middle Island Resources has reported strong channel sampling results from the historic Bobija Mine in Serbia, confirming significant gold, silver, copper, lead, and zinc mineralisation. The company has completed its Phase 1 drilling program, with assay results expected soon.

Tali Resources has advanced its exploration in the underexplored West Arunta region, focusing on copper and critical minerals, with key drilling results expected in December 2025. The company’s significant landholding and strong local partnerships position it well in Australia’s emerging mineral province.