Latest Underground Drilling News

FireFly Metals has announced a significant upgrade to its Green Bay Copper-Gold Project resource, alongside a A$139.5 million equity raise to fund ongoing drilling and development. The company is poised for rapid growth in a tier-one mining jurisdiction with strong infrastructure and exploration upside.

Greatland Resources confirms Havieron as a world-class, long-life gold-copper mine with robust economics and full funding secured. The feasibility study outlines a 17-year mine life with steady production and competitive costs leveraging existing Telfer infrastructure.

Haranga Resources has commenced underground diamond drilling at its Lincoln Gold Project in California, aiming to convert a historical resource to JORC compliance and explore new high-grade gold zones.

Southern Cross Gold has secured approval for its underground exploration tunnel at the Sunday Creek project, marking a pivotal step towards mine development and enhanced resource definition.

Pantoro Gold reports exceptional high-grade underground drilling results at its Norseman Gold Project, advancing plans to commence mining within the next year.

Kingston Resources has launched a new drilling campaign at its Mineral Hill Mine, deploying two rigs to target high-grade extensions and near-mine discoveries. Early assays from Long Panel rock chips show promising copper grades, underpinning the company’s growth ambitions.

Rox Resources has successfully raised approximately A$200 million through a major institutional placement, securing full equity funding for the development of its Youanmi Gold Project. Supported by cornerstone investors and existing shareholders, the company is positioned to advance construction and begin gold production by mid-2027.

Brightstar Resources has reported promising high-grade drilling results at its Second Fortune and Fish gold mines, indicating potential extensions to mine life and new ore sources for its planned Laverton mill.

Krakatoa Resources reports significant progress in drilling at its Zopkhito Antimony-Gold Project in Georgia, with most holes intersecting visible antimony mineralisation. Assay results are eagerly awaited to validate historical resource estimates and support a maiden JORC-compliant Mineral Resource.

Variscan Mines has reported new underground drilling results at the Udías Mine, revealing high-grade zinc mineralisation exceeding 20% zinc outside the existing resource estimate. These findings reinforce the potential for resource expansion and support ongoing mine development plans.

Haranga Resources is making significant operational progress at its Lincoln Gold Project in California, moving closer to delivering a JORC-compliant resource estimate through underground drilling and infrastructure upgrades.

Black Cat Syndicate’s ongoing underground drilling at Paulsens continues to reveal high-grade gold zones beyond current resources, supporting their More Gold, Sooner strategy. With 36 assay results pending and development advancing, the mine’s growth potential is increasingly evident.