Latest Exploration Drilling News

Norwest Minerals reported a cash outflow in the December 2025 quarter driven by an intensive drilling program, ending with A$1.64 million in cash. The company signals potential capital raising while maintaining confidence in ongoing operations.

Kaiser Reef Limited reported robust gold production from its Henty and Maldon projects in Q4 2025, alongside a significant cash increase and reduced debt, positioning the company for growth amid rising gold prices.

Turaco Gold has received all assay results from its recent drilling at the Anuiri and Jonction deposits, confirming resource model confidence and signalling expected growth in the Afema Project’s mineral resources.

Askari Metals has wiped its debt slate clean and is gearing up for an ambitious exploration campaign at its flagship Nejo Gold & Copper Project in Ethiopia and the Uis Tin-Tantalum-Lithium Project in Namibia.

Pacgold has initiated cyanide irrigation on 250,000 tonnes of ore at its White Dam Gold Project, setting the stage for imminent gold production and initial cash flow. This milestone marks a pivotal step in the company’s transition from explorer to producer.

Terra Metals has announced a significant new discovery of platinum group metal, copper, and nickel sulfide mineralisation at the SW6 target within its Dante Project, signalling a promising expansion of its mineral resource base.

VBX Limited reports promising exploration drilling results from its Wuudagu E and F bauxite plateaus, revealing thicker deposits with higher alumina and lower silica content than previously recorded. These findings could significantly expand the company’s resource base in northern Western Australia.

Belararox Limited has completed an $8.5 million placement to accelerate copper exploration, with drilling now underway at its TMT Project in Argentina.

Charger Metals NL has announced a significant high-grade gold discovery at its Xmas Gold Discovery within the Mt Gordon tenement, part of the Lake Johnston Lithium and Gold Project. This breakthrough enhances the prospectivity of multiple undrilled targets and sets the stage for an expanded exploration campaign in 2026.

Kalamazoo Resources has raised $8 million through a placement and launched a $2 million share purchase plan, aiming to fuel exploration and development across its gold projects.

Infini Resources has strategically expanded its Portland Creek Uranium Project in Newfoundland by acquiring adjacent mineral licences, increasing its landholding by 30% and reinforcing its position in a promising uranium district.

Aguia Resources has implemented strategic operational changes at its Santa Barbara Gold Project in Colombia, achieving a 70% gold recovery rate in December and targeting over 80% in early 2026.