Latest Exploration And Drilling News

Askari Metals has completed the sale of its Australian subsidiary First Western Gold, including the Burracoppin Gold Project, to Forrestania Resources, enabling a strategic pivot to its African exploration assets.

African Gold Limited has realised a 134% gain from selling Montage Gold shares, boosting its cash reserves to about A$16 million to accelerate exploration at its promising Didievi Gold Project in Côte d’Ivoire.

Golden Deeps Ltd has raised $3.54 million through an oversubscribed placement to accelerate exploration and drilling at its Otavi Mountain Land Critical Metals Projects in Namibia, focusing on the high-grade Graceland Prospect.

Koonenberry Gold has expanded its Enmore mineralised zone to 260m strike and identified new gold targets, backed by a strong $7.8 million cash position to fund extensive drilling.

Mount Burgess Mining has completed a $900,000 placement at a premium to recent trading prices, setting the stage for upcoming gold exploration drilling at its Viking and Blair North prospects.

Ariana Resources has launched the first phase of an extensive drilling programme at its Dokwe Gold Project in Zimbabwe, aiming to expand its 1.1 million ounce gold resource. Initial assay results are expected before year-end, setting the stage for a potential resource upgrade in 2026.

Elevate Uranium Ltd has agreed to sell its Oobagooma Uranium Project to Orpheus Uranium Ltd in a deal combining cash and milestone-based equity payments, aligning with Elevate’s pivot towards its innovative U-pgrade beneficiation technology and other core assets.

Orpheus Uranium Limited has agreed to acquire the Oobagooma Uranium Project in Western Australia, unlocking significant historical uranium mineralisation and exploration potential in the Canning Basin.

Sierra Nevada Gold (SNX) is nearing the conclusion of its bidding for exploration blocks in Saudi Arabia while securing key permits to restart mining in Nevada. The company is poised to begin test mining and drilling programs backed by fresh capital.

Kuniko Limited has secured new funding and is poised to commence drilling at its Commonwealth Gold-Silver Project in New South Wales, targeting district-scale precious metals in a Tier-1 jurisdiction.

Kuniko Limited has commenced fieldwork at its Commonwealth Gold-Silver Project in New South Wales, targeting high-grade precious metals within the prolific Lachlan Fold Belt. The company aims to validate historical resource estimates and advance exploration alongside its battery metals portfolio in Europe.

Catalina Resources has received all assay results from its September 2025 drilling at the Halo Gold Project, confirming extended gold mineralisation along strike and at depth, including standout high-grade intersections.