Latest Reverse Circulation Drilling News

Xpedra Resources has unveiled robust assay results from its maiden drilling at the Springfield Gold Deposit in NSW, revealing extensive shallow gold mineralisation with multiple high-grade zones and plans for deeper follow-up drilling.

Great Western Exploration has wrapped up a 2,200m air core drilling program at its Diorama copper-gold target in WA, with assay results expected by late July or early August 2026. The company plans follow-up reverse circulation drilling at six nearby Juggernaut targets next month, followed by drilling at Baroo.

Cannindah Resources continues to push the boundaries of its Cannindah Breccia copper-gold deposit with new drilling extending the Southern Shoot and revealing wider, higher-grade zones in both Southern and Northern Shoots, setting the stage for a significant resource upgrade later this year.

Austin Metals has kicked off a significant reverse circulation drilling campaign at its Austin Gold Project, aiming to test fresh BIF-hosted gold targets at Brunswick Hill and extensions at Mt Sandy in Western Australia.

Stelar Metals has wrapped up its initial fieldwork at the Hill of Leaders Tungsten Project, setting the stage for drilling campaigns later this year and marking a significant step in exploring a largely untouched mineralised system in the Northern Territory.

Carnaby Resources has solidified its Miniboom Lode discovery with wide, high-grade copper-gold intersections near Mount Hope Central and extended the Trek 1 mineralisation with substantial new drill results, underpinning its mid-year feasibility study and 2026 production target.

Native Mineral Resources (ASX:NMR) reported its strongest operational performance since restarting Blackjack, with a June gold smelt producing 488.5 oz doré and May metallurgical metrics showing record gold recovery over 95%. Multiple mining fronts and ongoing exploration position NMR for growth in FY2027.

Albion Resources has identified eight fresh gold target zones along 19km of key shear corridors at its Gidgee Gold Project, significantly broadening its exploration prospects beyond the German Well South drill-ready site.

Lodestar Minerals (ASX:LSR) confirms large-scale IOCG mineralisation in Chile and high-grade heavy rare earths in the USA, while progressing a 10,000m gold drilling program in Western Australia targeting a maiden resource.

Terrain Minerals’ recent drilling at its Wildflower Prospect within the Smokebush Project has confirmed gold and silver mineralisation across three major geophysical targets, with high-grade gold intercepts below 130 metres depth and the system remaining open along strike and at depth.

Ozz Resources aims to raise up to AUD 5 million through a public offer to fund the acquisition of Sulphide Minerals and exploration of the Bedaburra Project, pending ASX re-admission and shareholder approval.

Burley Minerals is set to commence a heritage survey ahead of a major reverse circulation drilling campaign targeting over 290 hectares of Channel Iron Deposit at Cane Bore, aiming to define a significant inferred iron ore resource in Western Australia’s Pilbara region.