Latest Drilling Campaign News

Tesoro Gold reveals a large new gold mineralised zone at its El Zorro Project in Chile, with surface sampling returning high-grade assays up to 22.10 g/t Au. The discovery sets the stage for upcoming drilling campaigns.

Norwest Minerals has announced a substantial 33% increase in the gold resource at its Bulgera Gold Project, now totaling 288,400 ounces following a comprehensive 3D geological model revision. This upgrade coincides with renewed drilling efforts aimed at further expanding the resource base.

G50 Corp’s latest drilling results confirm a significant new gold, silver, and zinc mineralized zone at its Golconda Project in Arizona, alongside promising gallium grades that could position the project as a strategic metals supplier.

Galileo Mining is set to begin a 5,000-metre aircore drilling campaign at its Norseman project, targeting high-grade palladium and platinum zones to expand its existing resource base.

Ordell Minerals has reported significant shallow gold mineralisation over a 300m strike length at its McNabs East Prospect within the Barimaia Gold Project, WA, with assays confirming multiple gold intersections near surface. Diamond drilling assays are pending, as the company prepares to restart drilling in August.

Warriedar Resources has reported strong assay results from diamond drill hole RDRC069 at its Ricciardo deposit, confirming extended high-grade gold and antimony mineralisation. These findings reinforce the deposit’s growth potential within Australia’s largest open-pit antimony resource.

Power Minerals’ maiden drillhole at the Santa Anna Project in Brazil reveals significant niobium and rare earth element mineralisation at depths far beyond previous drilling, boosting the project’s resource potential.

Miramar Resources has initiated reverse circulation drilling at the 8 Mile target within its Gidji JV Project, aiming to explore northern extensions of the adjacent 8-Mile Dam gold deposit. Supported by a drill-for-equity deal, this campaign could redefine the gold potential near Kalgoorlie.

Belararox Limited is set to begin drilling four priority copper targets in its Kalahari Copper Project this August, following extensive geological and geophysical surveys. The move marks a significant step forward in exploring a highly prospective region of the Kalahari Copper Belt.

Castle Minerals’ recent drilling at the Kandia Gold Project in Ghana reveals well-defined gold mineralisation extending to 150 metres depth, underpinning a promising multi-deposit corridor. Follow-up exploration is set to expand these findings across the prospective Wa East tenure.

Critical Resources Limited has launched a detailed soil-geochemistry survey at its Amoco Gold-Antimony Project in NSW, aiming to sharpen drill targets ahead of planned maiden drilling. Assay results are expected by late August, marking a significant step in advancing exploration within a prolific regional corridor.

Sarama Resources has successfully closed the first tranche of a A$2.7 million equity placement to fund exploration at its Cosmo Gold Project and support ongoing arbitration efforts. The second tranche, involving options and director participation, awaits shareholder approval.