Latest Underground Drilling News

FireFly Metals Ltd reports a significant 42% increase in mineral resources at its Green Bay Copper-Gold Project, underpinned by robust drilling results and a well-capitalized balance sheet with over A$84 million in cash and liquid assets.

Black Cat Syndicate has restarted underground drilling at its Paulsens Gold Operation, targeting resource expansion and mine life extension with results expected from March 2025.

Ora Banda Mining's latest drilling at Riverina confirms deep, high-grade gold mineralisation, extending mine life and prompting a $45 million investment to accelerate exploration and infrastructure expansion.

FireFly Metals reports outstanding high-grade copper-gold intersections from its aggressive six-rig drilling campaign at the Green Bay Project, aiming to expand and upgrade its mineral resources significantly.

Brightstar Resources has reported robust high-grade gold assay results from its underground diamond drilling at the Second Fortune Gold Mine, reinforcing the mine’s geological consistency and supporting an imminent resource update.

X64’s December 2024 quarterly report reveals a 6% rise in gold production to 13,895 ounces alongside a reduction in all-in sustaining costs to US$1,994 per ounce, underpinned by strong underground drilling results and advancing Tigerway decline development.

Ten Sixty Four Limited reports a 9% rise in gold production to 13,123 ounces and a reduction in all-in-sustaining costs to US$2,045 per ounce for the September 2024 quarter, while advancing its Tigerway Decline project and navigating ongoing restructuring.

Ten Sixty Four Limited’s latest quarterly report reveals a notable decline in gold production alongside increased all-in sustaining costs, as the company advances its mine development and navigates a complex restructuring process.

Ten Sixty Four Limited’s latest quarterly report reveals a notable decline in gold output and cash reserves, alongside steady progress on key projects and a pivotal restructuring agreement.

Variscan Mines has announced a transformative update to its Novales-Udías Project, tripling its zinc-lead Mineral Resource Estimate and raising over $2 million to advance development. Drilling is underway with a Mine Re-Start Study on track for mid-2025.

Vertex Minerals has completed construction and begun commissioning of its Gravity Gold plant at the Reward Gold Mine, supported by significant capital raises and strategic hires.

FireFly Metals reports a substantial 42% increase in its Green Bay Copper-Gold Project resource, underpinned by strong drilling results and a successful A$73 million capital raise. The company is well-positioned to accelerate development and regional exploration in 2025.