Latest Underground Drilling News

MGX Resources is accelerating development at its Central Tanami gold project with underground exploration and resource drilling, while monetising Koolan Island through a $20.2 million sale plus future revenue share, bolstering its cash reserves.

Black Cat Syndicate has revealed two new high-grade gold discoveries at its Paulsens Gold Operation, Lynx and Regulus, which highlight untapped structural zones and underpin a more expansive gold system with strong production and resource growth potential.

Rox Resources has delivered strong drilling results at its Youanmi Gold Mine, confirming promising underground grades and new exploration targets that could extend mine life beyond current plans.

Krakatoa Resources has verified significant visual antimony mineralisation in early 2026 drilling at its Zopkhito project, advancing efforts to formalise a JORC-compliant resource estimate. Assays remain pending as the company prepares for underground sampling and metallurgical testing.

Variscan Mines is set to begin a 1,430-metre diamond drilling campaign at its Guajaraz polymetallic project in central Spain, aiming to test high-priority zinc and associated base metal targets and secure a tenement extension.

Alkane Resources has reported strong high-grade gold intercepts and the deepest mineralisation to date at its Björkdal Gold Mine in Sweden, underpinning potential resource growth and mine-life extension.

West Coast Silver (ASX:WCE) has intersected a fresh, high-grade silver zone beneath historical workings at Elizabeth Hill, alongside broad near-surface extensions beyond its maiden resource, signalling significant growth potential.

Ballymore Resources has kicked off a deep Magnetotelluric survey at its Dittmer Project, aiming to pinpoint a concealed porphyry copper-gold system beneath a historic high-grade gold mine while advancing underground development and resource drilling.

Nelson Resources appoints Nicholas Ong to its board while progressing underground drilling at its Gold Point project in Nevada, with assay results pending and a second drilling phase imminent.

Kingston Resources has reported standout underground drilling results at its Red Terror deposit, Mineral Hill, revealing high-grade gold and copper extensions beyond current resource boundaries and opening new exploration avenues to the north and at depth.

FireFly Metals has delivered exceptional drilling results at its Green Bay Copper-Gold Project, reinforcing the continuity and scale of its high-grade core zone. These assays will feed into updated resource models and economic studies due mid-year.

Krakatoa Resources has launched its second underground drilling season at the Zopkhito Antimony-Gold Project, aiming to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate while pushing early mine development.