Latest Drilling Campaigns News

Sarama Resources has completed the second tranche of its A$2.6 million equity placement, issuing new options to fund exploration at its Cosmo Gold Project and support arbitration efforts.

Magnum Mining & Exploration has secured permits and land access to launch a targeted drilling campaign on its Brazilian rare earth projects, aiming to validate high-grade mineralisation and advance its exploration footprint.

Javelin Minerals is advancing its Eureka Gold Project with a targeted diamond drilling campaign and a $25 million mining contract with MEGA Resources, aiming for production by mid-2026.

Kairos Minerals has reported strong drilling results at its Mt York Gold Project, extending the high-grade ‘Monster Zone’ gold mineralisation both deeper and 250 metres east. The company is boosting its Stage 1 drilling program to 30,000 metres, aiming to expand and upgrade its resource base.

Falcon Metals has reported a significant high-grade gold intercept at its Blue Moon project, marking the widest zone of visible gold discovered to date and prompting an expanded drilling campaign.

Core Energy Minerals reports promising early-stage rare earth element intersections from hand-auger drilling at its Tunas Project in Brazil, confirming significant REE mineralisation and setting the stage for expanded exploration.

Fortuna Metals has identified significant historical titanium mineralisation across its Mkanda and Kampini projects in Malawi, with Phase 1 drilling complete and assay results expected soon. Positioned near Sovereign Metals’ world-class Kasiya deposit, Fortuna’s exploration could unlock a major rutile discovery.

NewPeak Metals has secured 100% ownership of the Las Opeñas gold project in Argentina and plans drilling campaigns at both Las Opeñas and the Tansey gold project in Queensland, funded entirely from existing cash reserves.

Culpeo Minerals reports promising high-grade, near-surface copper mineralisation from its maiden drilling at La Florida Prospect within the Fortuna Project in Chile, confirming a new porphyry system.

Many Peaks Limited reports significant high-grade gold intercepts from diamond drilling at its Ferké Gold Project in Côte d’Ivoire, prompting an expanded drilling campaign and advancing the path toward a maiden resource estimate.

Osmond Resources has successfully intersected a highly prospective mineralized layer in its first drill hole at the Orión EU Critical Minerals Project, advancing its critical minerals exploration in Spain. Assay results are expected by the end of October, with further drilling underway.

Gateway Mining has expanded its aircore drilling campaign at the Yandal Gold Project to 44,000 metres, targeting structurally complex shear zones with high gold potential. A diamond rig is set to commence follow-up drilling shortly.