Latest Drilling Assays News

Blaze Minerals has acquired a commanding interest in the Loulombo Project in the Republic of the Congo, unveiling exceptional base metals grades and planning a maiden drilling campaign. Meanwhile, critical mineral discoveries in Uganda and a $2.42 million capital raise underpin its growth trajectory.

Nimy Resources reports impressive high-grade gallium assays from its Block 3 East drilling campaign, advancing towards a maiden JORC-compliant resource at the Mons Project. The company also strengthens its metallurgical research partnerships and secures fresh capital to fuel ongoing exploration.

Toubani Resources has made significant strides in developing its Kobada Gold Project in Mali, securing a $29 million strategic placement and launching extensive drilling programs aimed at expanding its mineral resource base ahead of a final investment decision.

Global Lithium Resources has made significant progress on its Manna Lithium Project, advancing its Definitive Feasibility Study and securing a key variation to its offtake agreement with Canmax. The company also reported a substantial reduction in its cash burn rate, maintaining a strong cash position.

Sunrise Energy Metals has revealed fresh assay results from its latest drilling campaign at the Syerston scandium deposit, confirming expanded zones of high-grade mineralisation. These findings bolster the company’s resource base ahead of an updated feasibility study.

Fulcrum Lithium has completed significant drilling programs at its Alkali Flats and Fairway projects in Nevada, with assay results awaited to determine lithium potential. The company also plans to exit its Summit project, focusing resources on more promising assets.

Albion Resources has reported impressive near-surface gold intercepts at its Collavilla Prospect in Western Australia, highlighting a standout 11m at 20.0 g/t gold from just 17m depth. A detailed gravity survey is underway to pinpoint further high-grade targets within the expansive Ives Find granite.

Tanami Gold NL has reported promising initial assay results from its latest drilling campaign at the historic Jims Gold Mine, revealing significant gold intercepts that hint at potential resource expansion. Final results from the majority of diamond core samples are still awaited, keeping the market’s attention.

Lanthanein Resources has completed diamond drilling at its Lady Grey Project, reported promising assay results, and launched a $2.4 million capital raising alongside a proposed rebrand to Fortuna Metals.

Many Peaks Minerals has reported strong progress in its Côte d’Ivoire gold projects, highlighted by robust drilling results at Ferké and a significant A$13.5 million equity raise to fund further exploration.

Somerset Minerals has reported visible copper mineralisation in multiple drill holes across its expansive Coppermine Project in Nunavut, Canada, confirming the district-scale potential of this underexplored copper belt. The company is preparing for a larger Phase-2 exploration campaign as assay results are awaited.

Black Canyon Limited’s June quarter report reveals promising drilling results at its Wandanya Project, confirming extensive high-grade manganese and iron mineralisation with improved metallurgical recoveries and strategic tenement expansions.