Latest Drilling Programs News

Arika Resources is set to recommence a significant 6,000m reverse circulation drilling program at its Yundamindra Gold Project, targeting extensions at Pennyweight Point and Landed at Last prospects following recent high-grade gold discoveries.

Rimfire Pacific Mining reports standout scandium drilling results at Murga and Currajong prospects, supported by a $3.65 million equity placement to accelerate exploration amid tightening global supply.

Sarama Resources has completed a large-scale soil geochemistry survey at its Cosmo Gold Project in Western Australia, marking the first systematic exploration phase on this underexplored gold belt. Analytical results from approximately 5,000 samples are now under review, setting the stage for potential drill targets.

Koonenberry Gold’s third diamond drillhole at the Enmore Project delivers a substantial 102m intercept averaging 1.10g/t gold, including a high-grade 9.7m zone at 3.57g/t, reinforcing the prospect’s broad and shallow gold mineralisation potential.

Far East Gold Ltd has advanced its exploration efforts in Indonesia with imminent drilling at Idenburg and Trenggalek, backed by a $4.78 million strategic investment from Xingye Gold, increasing their stake to nearly 20%.

Strategic Energy Resources advances its copper-gold and polymetallic exploration with refined drill targets at Isa North, promising anomalies at South Cobar, and a major new gold project granted in Queensland, while managing funding and asset divestment.

Killi Resources advances exploration at its Mt Rawdon West Project with significant gold-copper-silver mineralisation at Baloo and Kaa prospects, while Gold Fields progresses the West Tanami JV. The company strengthens its board and maintains a solid cash position to fuel ongoing activities.

AusQuest Limited has unveiled significant maiden drilling results at its Cangallo Project in southern Peru, confirming a large-scale porphyry copper-gold system. The company secured $7.5 million in funding to fast-track exploration activities across Peru and Australia.

Triangle Energy reported a $9.85 million cash balance for the March quarter, plugged the Becos-1 well after disappointing results, and agreed to defer the Cliff Head asset sale to Pilot Energy until 2026.

Recharge Metals Limited has made significant strides in its uranium and copper exploration projects, progressing drill planning and stakeholder engagement at its Carter Uranium Project in Montana and identifying new copper targets at Brandy Hill South in Western Australia.

Solis Minerals has raised A$4.5 million to advance drilling at its copper-rich projects in southern Peru, confirming promising new copper-gold targets and appointing a seasoned CEO to lead exploration efforts.

Anson Resources has applied to re-enter the Mt Fuel-Skyline Geyser 1-25 well at its Green River Lithium Project to test for lithium-rich brines, aiming to upgrade its exploration target to a JORC Mineral Resource.