Latest Drilling Programs News

Stellar Resources has reported a significant tin discovery at its Severn deposit, revealing a high-grade core that could expand and upgrade the Heemskirk Mineral Resource Estimate. The company is accelerating drilling and prefeasibility studies, signaling strong growth potential.

AusQuest Limited reports significant expansion of its Cangallo porphyry copper system in southern Peru, with upcoming diamond drilling poised to unlock deeper mineralisation insights.

Ora Banda Mining's initial drilling at Round Dam Trend reveals multiple high-grade gold lodes, highlighting significant open pit and underground mining prospects.

Sandfire Resources delivered a standout FY25 with a 12% rise in copper equivalent production and a 46% jump in underlying EBITDA, while slashing net debt by 69%. The company sets a confident FY26 outlook with modest production growth and continued capital discipline.

Sandfire Resources Ltd reported a 26% surge in FY25 revenue to US$1.176 billion alongside a 46% rise in underlying EBITDA, driven by robust copper production and operational resilience despite severe weather disruptions. The company also slashed net debt by US$273 million, setting the stage for further growth in FY26.

Brightstar Resources has kicked off a significant underground drilling campaign at its Fish Mine, aiming to extend mine life and upgrade mineral resources for future production growth.

Hammer Metals has identified several promising gold and copper anomalies across its Mount Isa Project in Queensland, confirming extensive mineralisation and setting the stage for targeted drilling.

Savannah Goldfields Limited has announced a $15 million equity raising through a placement and conditional placement, offering free attaching options subject to shareholder approval. The capital raise aims to strengthen the company’s financial position and support its operational restart plans.

Ark Mines reports its Stage-3 drilling at Sandy Mitchell is ahead of schedule, aiming to nearly quintuple its measured mineral resource and fuel a pivotal Pre-Feasibility Study.

Savannah Goldfields has announced a $15 million placement to strengthen its balance sheet, repay debt, and fund a restart of gold production alongside an ambitious drilling program targeting resource extensions.

Ark Mines Ltd is fast-tracking its Sandy Mitchell rare earths project in Queensland, backed by a $4.5 million investment from the Queensland Investment Corporation and targeting production by late 2027.

Ark Mines is advancing its Stage-3 drilling program at the Sandy Mitchell Rare Earths project ahead of schedule, targeting a substantial increase in measured resources to underpin a Pre-Feasibility Study in early 2026.