Latest Drill Targeting News

Forrestania Resources has successfully raised $8.6 million through a placement priced at a 21.7% premium, signaling strong investor confidence as it advances multiple gold projects.

Gateway Mining has identified approximately 90 kilometres of previously untested shear zones at its Yandal Gold Project in Western Australia, setting the stage for significant new gold exploration. The company plans major drilling campaigns in the coming months to unlock this potential.

FMR Resources has awarded a drilling contract to Big Bear Drilling for a maiden 4,000-metre diamond drilling campaign targeting a large copper porphyry system in Chile’s Llahuin Project. The program aims to unlock the potential of four high-priority targets using advanced directional drilling techniques.

True North Copper has significantly extended the mineralised footprint at its Aquila Prospect within the Mt Oxide Project, unveiling multiple new high-quality copper-cobalt-silver drill targets. Drilling is underway to test these promising extensions, potentially reshaping the project’s resource profile.

Rincon Resources has exercised its option to acquire 100% of the Crackerbox Gold Project in Western Australia, unlocking access to a highly prospective greenstone belt with significant historic gold and copper mineralisation. The company plans to launch an extensive exploration program to expand known mineralisation and evaluate resource potential.

FMR Resources has awarded a drilling contract to Big Bear Drilling for a 4,000-metre maiden diamond drilling campaign targeting a large copper porphyry system at its Llahuin Project in Chile. The program aims to unlock the potential of four high-priority targets using advanced directional drilling techniques.

Peregrine Gold’s latest air-core drilling results reveal an extended gold anomalous trend at the Tin Can Prospect, setting the stage for targeted follow-up drilling to explore higher-grade zones.

Mammoth Minerals has initiated the second phase of exploration at its Excelsior Gold-Silver Project in Nevada, leveraging a pioneering 3D underground survey of the historic Blue Dick Mine to guide upcoming drilling.

Miramar Resources has partnered with Sumitomo Metal Mining Oceania in a multi-million-dollar joint venture to explore for large-scale nickel-copper-platinum group element deposits at the Bangemall Projects in Western Australia.

Legacy Minerals has secured NSW Government approval to recommence drilling at its Mt Carrington gold-copper project, unveiling fresh geophysical targets and backed by a recent $7.75 million capital raise.

Verity Resources has completed a significant infill drilling program at its Korong deposit, aiming to upgrade its gold resource classification and pave the way for future development studies.

Enterprise Metals is set to begin air core drilling at its Murchison Project targeting rare earth elements, following regulatory approval and a heritage agreement. The program aims to test a key magnetic anomaly adjacent to Victory Metals’ North Stanmore REE deposit.