Latest Exploration Drilling News

Central Petroleum has secured strategic interests in the Cooper and Otway Basins through binding agreements with ADX Energy, setting the stage for a multi-million dollar expansion and planned drilling campaigns in 2026 and 2027.

The Northern Finland Administrative Court has overturned Kingsrose Mining’s exploration permit for the Penikat Project due to procedural errors by the regulator, delaying planned drilling until at least April 2026. Kingsrose remains confident in the project’s long-term potential despite the setback.

Waratah Minerals reports significant new gold assay results from its Spur Gold Project in New South Wales, revealing promising high-grade mineralisation and growth potential. Ongoing drilling continues to expand the resource footprint with multiple rigs active.

Surefire Resources reports broad, high-grade gold mineralisation at its Yidby Gold Project in Western Australia, with assays revealing up to 15.83 g/t gold over 1m and a mineralised envelope exceeding 100m. The discovery opens new drilling targets for early 2026.

IRIS Metals has signed a binding agreement to farm-in exclusively to the Finley Basin Tungsten Project in Montana, expanding its critical minerals portfolio and cancelling a planned capital raise. Exploration is set to begin in early 2026 with resource estimation targeted for 2027.

Solstice Minerals reports steady progress in expanding its Nanadie copper-gold resource and promising gold intercepts at Yarri, backed by a strong cash position to fuel 2026 exploration.

VBX Limited has reported promising assay results from 65 drill holes at the Wuudagu D plateau, revealing a thicker and higher-grade bauxite profile than previously recorded. This discovery lies outside the current resource estimate, signaling potential for significant resource expansion.

Thor Energy is gearing up for a pivotal 2D seismic survey in mid-2026 at its HY-Range Project, while securing significant funding through divestments of non-core assets, positioning itself for focused hydrogen and helium exploration.

Greenvale Energy has wrapped its inaugural uranium drilling season at the Oasis Project with impressive assay results, confirming significant high-grade mineralisation and setting ambitious exploration targets for 2026.

Red Mountain Mining has reported encouraging exploration outcomes at its Utah Antimony Project, prompting a significant expansion of its claim holdings. The results reinforce the company's geological model and set the stage for an aggressive exploration campaign.

Carnaby Resources has reported significant new high-grade copper-gold drill results at its Greater Duchess Project, including a standout 6m at 12.6% copper equivalent at Trek 1. These discoveries extend mineralisation well beyond existing resources and bolster the ongoing pre-feasibility study.

Belararox Limited has initiated diamond drilling at Toro Central within its Argentine TMT Project, targeting a significant near-surface epithermal copper system. The program aims to unlock the potential of a 1.4 km chargeability anomaly extending toward the largely untested Toro South.