Latest Drilling Results News

Rubix Resources Limited has responded to ASX inquiries about unusual trading activity by disclosing initial drilling observations at its Paperbark Project and preliminary discussions on a potential acquisition, while cancelling a planned capital raising.

Cavalier Resources has raised $2.14 million through a discounted placement to fast-track drilling at its Crawford Gold Project, while continuing negotiations for a $11 million pre-payment deal.

North Stawell Minerals is set to begin diamond drilling in late September to follow up a standout high-grade gold intercept at its Darlington Prospect in Victoria. The program aims to explore extensions of a quartz-sulphide vein with visible gold, potentially unlocking a significant new gold system.

Hot Chili Limited has successfully raised A$14.1 million through a fully subscribed entitlement offer, reinforcing confidence in its Costa Fuego copper-gold project and funding critical next-phase development activities.

Arika Resources reveals exceptional bonanza-grade gold intercepts at its F1 Prospect and confirms significant strike extensions at Great Bonaparte East, underscoring the growing potential of the Yundamindra Gold Project in Western Australia.

Conico Limited has had its ASX trading suspension lifted immediately following an announcement detailing its capital raising and exploration plans, signaling renewed investor interest.

Verity Resources has successfully raised $3 million through a two-tranche placement to accelerate drilling and resource upgrades at its Monument Gold Project amid strong gold market conditions.

Kinetiko Energy has secured a crucial two-year renewal of its South African exploration rights, advancing its pilot production and development plans amid promising drilling results.

FMR Resources has raised $3.4 million through a strategic equity placement to accelerate exploration at its Southern Porphyry target in Chile, aiming to unlock significant copper and gold potential.

Panther Metals has announced a maiden JORC Mineral Resource Estimate at Burtville East, revealing a high-grade near-surface gold deposit and launching a scoping study to evaluate open pit mining potential.

Mt Malcolm Mines NL has reported promising gold assay results from its 2025 drilling programs at the Sunday Underground and Dumbarton prospects, confirming continuous shallow mineralisation and advancing the Malcolm Project towards resource estimation.

Superior Resources has expanded its Greenvale Project by over half, becoming the largest landholder in northeast Queensland’s promising mineral region. This strategic move positions the company at the forefront of multiple world-class mineral opportunities.