Latest Drilling Campaign News

Brightstar Resources has unveiled a robust feasibility study for its Laverton-Menzies gold projects, targeting 70,000 ounces per annum and a pre-tax NPV of AUD 316 million. The study outlines a clear path to production ramp-up and strategic funding plans.

Terra Uranium Limited (ASX, T92) has agreed to acquire Dundee Resources Pty Ltd, gaining control of the Glen Eden project, the largest undeveloped tungsten-molybdenum deposit in New South Wales, backed by a $865,000 placement to fund exploration.

Blackstone Minerals has raised $22.6 million through a heavily oversubscribed placement led by Macquarie Bank, fueling a major drilling program at its Mankayan Copper-Gold Project in the Philippines. The capital raise follows a transformative merger and signals strong institutional confidence in the company’s growth strategy.

Carnavale Resources reports strong diamond and RC drilling results at its Kookynie Gold Project, extending mineralisation depth and strike at Swiftsure and Tiptoe lodes. An updated resource estimate and scoping study are due in September, underpinning advancing development plans.

TechGen Metals has secured a Heritage Protection Agreement with the Jaru People, unlocking exploration licence grants and enabling planned drilling at its Blue Devil copper-gold-silver project in Western Australia.

Horseshoe Metals has secured crucial Direct Shipping Ore mining approval for its Horseshoe Lights Copper-Gold Project, setting the stage for imminent production and early revenue generation from high-grade copper stockpiles.

Battery Age Minerals has successfully raised $3 million to fund maiden drilling at its Bleiberg Germanium-Zinc Project in Austria and advance exploration at the El Aguila Gold-Silver Project in Argentina, attracting new investors and reinforcing its strategic position in critical minerals.

Gorilla Gold has completed its maiden drilling at Mulwarrie and accelerated exploration at Comet Vale, aiming for significant resource upgrades in 2025. Recent drilling extends high-grade gold mineralisation, setting the stage for expanded Mineral Resource Estimates later this year.

St George Mining has launched advanced geophysical surveys at its Araxá Niobium and Rare Earths Project in Brazil, aiming to pinpoint new high-grade mineralisation zones and support ongoing drilling efforts.

Enova Mining has launched a focused Phase 2 surface sampling campaign at its East Salinas project in Brazil, aiming to refine high-grade rare earth element drill targets ahead of planned drilling later this month.

Hawk Resources has identified a significant 1.1-kilometre gold soil anomaly extending from the historic Cactus copper-gold mine in Utah, with assays up to 1.24g/t. This discovery, supported by strong multi-element associations, sets the stage for a targeted drilling campaign later this year.

Warriedar Resources has confirmed significant high-grade antimony mineralisation at its Azure Coast deposit near the Ricciardo gold project, unveiling new potential in the Golden Range belt. The company plans targeted drilling later this year to expand on these promising results.