Latest Drill Targeting News

Perpetual Resources has launched a systematic exploration program across its key lithium projects in Brazil, aiming to expand on recent high-grade discoveries and define new drill targets.

Koonenberry Gold has expanded its Enmore mineralised zone to 260m strike and identified new gold targets, backed by a strong $7.8 million cash position to fund extensive drilling.

Aldoro Resources has launched a significant Phase II drilling campaign targeting high-grade niobium at its Kameelburg project, while simultaneously initiating heavy rare earth element exploration at Omuronga, Namibia.

Alma Metals is advancing its Briggs Copper Project with a deep diamond drill hole underway and the scoping study nearing completion, supported by a Queensland Government grant and solid financial footing.

Mithril Silver and Gold Limited reports a significant 10.9 g/t gold equivalent intercept over 8 meters, extending the Target 1 strike at its Copalquin project in Mexico by 300 meters. The company advances multiple drill targets supported by ongoing geological studies and a district-wide aerial magnetic survey.

Manhattan Corporation advances a high-resolution magnetic survey at its Hook Lake gold project in Nunavut while agreeing to sell its L3 Lithium Project in Nova Scotia for up to $1.34 million.

Iron Road Ltd progresses its Central Eyre Iron Project and Mulgathing heavy mineral sands exploration despite subdued iron ore investment and volatile energy costs. Strategic land options secured at Cape Hardy signal potential green hydrogen collaboration.

Aurelia Metals has revealed significant exploration success at its Nymagee Mine in NSW, discovering two new mineral lenses and extending known mineralisation with promising gold and base metal grades.

AuMEGA Metals has identified a significant new gold corridor at Cape Ray West, marked by high-grade gold-in-till anomalies linked to an untested felsic intrusive complex. The company is preparing for fully funded drilling in late 2025 to explore these promising targets.

Moho Resources has reported new high-grade gold assays up to 6.98g/t at its Bush Chook Project in Western Australia, extending a mineralised trend to 300 metres and setting the stage for a maiden drill program later this year or early next.

Santana Minerals reports robust assay results from its RAS North drilling program, confirming strong grade continuity and potential resource upgrades. Concurrently, the RINA drilling reveals a fertile, largely untested gold system along the Rise and Shine Shear Zone, hinting at significant regional expansion opportunities.

Aruma Resources has locked in $3.515 million through a placement to fund targeted exploration across its copper, heavy mineral sands, and uranium projects in Australia. The capital raise, supported by directors and new investors, aims to advance drilling and sampling programs at key sites.