Latest Reverse Circulation Drilling News

WA Gold has delivered a robust scoping study for its Abercromby Gold Project, forecasting strong cashflows and low capital costs, while ramping up drilling at both Abercromby and Bullabulling projects with assay results imminent.

Dreadnought Resources is progressing its Star of Mangaroon open pit towards production while nearly doubling high-grade gold resources at Metzke’s Find. The company also extends critical metals potential with strong niobium and rare earth intercepts at Mangaroon.

Falcon Metals has cleared regulatory and heritage hurdles to launch its maiden drilling at the Olsen Well gold target, expanding its footprint along the Errabiddy Shear Zone with promising rock chip results underpinning exploration.

Bayan Mining has launched its first-ever drilling program at the Desert Star Rare Earth Project, confirming key mineralisation and signing a strategic MoU with US Critical Materials to develop processing technologies.

Talisman Mining’s recent aircore drilling has revealed broad, shallow gold mineralisation over an 800m strike at Sheepyard, NSW, aligned with a sizeable untested IP anomaly. Follow-up drilling is planned to explore this emerging large-scale gold system further.

Noronex Limited has struck a deal to acquire the Sleitat Tin Project in Alaska, marking a rare US tin opportunity, while pushing forward with copper and uranium exploration programs in Africa backed by South32.

Forrestania Resources’ latest drilling at British Hill delivers multiple high-grade gold intercepts, extending mineralisation both near surface and at depth. The results bolster the project’s potential as a key ore source within its regional development strategy.

Nelson Resources has kicked off underground drilling at its high-grade Orleans Mine while advancing rehabilitation at Great Western Mine and securing a strategic tungsten property adjacent to a major US project. Exploration spending reached $794k, supported by a $2.1 million cash buffer.

Tarrina Resources has revealed substantial high-grade gold intersections over a strike exceeding 1km at its Christmas Gift project, alongside compelling new copper-gold IOCG targets at Walparuta, signalling expanded exploration potential.

Manhattan Gold Corporation has kicked off its first modern drilling in over 30 years at Nunavut’s Hook Lake Project, backed by expanded mineral rights and promising high-grade gold assays from surface sampling.

Bayan Mining has agreed to sell its Bayan Springs North Project in Nevada to Sun Silver for up to A$800,000, retaining a 1.0% royalty and securing non-dilutive funding to focus on rare earths development.

Everest Metals has kicked off a 2,000m reverse circulation drilling program at its Mt Dimer Exploration Project in Western Australia, supported by a $145,000 co-funding grant from the WA Government’s Exploration Incentive Scheme. The campaign targets three high-priority gold anomalies adjacent to existing mining operations, aiming to extend known mineralisation.