Latest Drilling Campaign News

Encounter Resources reports significant resource growth at its Aileron Niobium-REE-Copper Project and maiden inferred copper resource at Yeneena, backed by a strong $15 million cash position.

Ordell Minerals has significantly expanded the McNabs East gold mineralisation zone at its Barimaia Project, revealing wide and high-grade intercepts over a 700-metre strike. The company also secured $3.85 million in fresh capital to accelerate exploration activities.

Great Western Exploration has identified multiple new copper-gold target zones at its wholly owned Yerrida North Project, with drilling set to commence following heritage approvals.

Kali Metals has identified a new high-grade gold prospect at its Marble Bar Project, extending the gold strike length to 3km, while maintaining a robust cash balance of A$5.13 million following a recent capital raise.

Kula Gold reports a maiden inferred tailings resource at Mt Palmer, confirms a significant niobium anomaly in Malawi, and completes a $2.5 million strategic placement to Forrestania Resources.

ABx Group is set to begin drilling at its T8 Rare Earths discovery in northern Tasmania, targeting expansion of high-grade dysprosium and terbium mineralisation critical for advanced technologies.

Winchester Energy has successfully completed drilling the JVU-5 well at its Varn waterflood project in Texas, confirming promising oil and gas shows and setting the stage for production ramp-up.

Aeris Resources reported steady Q1 FY26 production with 10.3kt copper equivalent at AISC of A$4.64/lb, alongside significant growth capital investment and promising exploration results.

Greatland Resources has kicked off FY26 with a drilling program at Telfer that has already surpassed targets, revealing a promising new high-grade zone underground and advancing multiple resource extensions.

Gorilla Gold Mines Ltd has raised A$31.7 million through a placement to accelerate exploration and resource growth at its key Western Australian gold projects. The capital injection strengthens the company’s cash position to about A$42 million, supporting ongoing and planned drilling campaigns.

Accelerate Resources has reported impressive high-grade gold assay results from its newly acquired Balagundi Gold Project near Kalgoorlie, with grades reaching up to 32.9 g/t Au. The company is gearing up for maiden drilling in November 2025 to further explore these promising targets.

Nordic Resources has raised A$8.5 million in a strongly supported institutional placement to fund expanded exploration and development of its Finnish gold projects, with key assay results imminent.