Latest Drill Targeting News

Top End Energy has made significant strides in its Serpentine Natural Hydrogen Project in Kansas, expanding its leasehold and initiating a farm-out process amid growing industry interest. Meanwhile, exploration continues in Australia’s Beetaloo Basin as the company prepares for a U.S. investor push through an upcoming ADR listing.

Capricorn Metals has agreed to acquire the Mongers Lake Project adjacent to its Mt Gibson Gold Project, aiming to unlock new gold resources in Western Australia. The $1.5 million deal includes cash and shares, with milestone payments tied to resource and mining developments.

Lincoln Minerals has identified multiple high-priority drill targets at its Minbrie Copper-Base Metals Project with drilling planned for late 2025, while its Kookaburra Graphite Project achieves battery-grade purity, underscoring the company’s strategic positioning in critical minerals.

Battery Age Minerals has initiated its maiden drilling campaign at the Bleiberg Zinc-Germanium Project following regulatory approval, while advancing exploration at El Aguila with a $3 million capital raise backing its growth.

Australia United Mining reports steady progress at its Sofala gold project and maintenance at Queensland’s Ropewalk mine, while facing a limited cash runway supported by related party loans and share investments.

Ballard Mining has kicked off an extensive drilling campaign at its Mt Ida Gold Project, confirming high-grade gold resources at the Baldock deposit and advancing exploration across multiple high-priority targets.

Golden Horse Minerals ramps up exploration at its Southern Cross gold project with strong high-grade results and moves to acquire the Sorrel Copper Project for $3 million, backed by a $15 million capital raise.

QX Resources reported steady progress in its Queensland gold projects and secured a strategic farm-out for its Pilbara iron ore rights, while stepping back from US lithium ventures amid market softness.

Askari Metals has launched a comprehensive regional exploration program at its Nejo Gold and Copper Project in Ethiopia, targeting high-grade gold and copper mineralisation with drilling planned for late 2025.

Piche Resources has revealed compelling high-grade gold and silver results from surface sampling at its Cerro Chacon project in Argentina, highlighting significant exploration upside ahead of drilling.

Siren Gold Limited reports significant progress on its New Zealand gold and antimony projects, with a mining permit decision for Sams Creek expected by year-end and ongoing drilling poised to upgrade resource classifications.

Trigg Minerals has significantly expanded its Antimony Canyon Project in Utah, defining a robust exploration target and securing $12.5 million to advance development. Strategic appointments and a processing study signal its ambition to become a key US antimony supplier.