Latest Exploration Drilling News

PVW Resources has advanced its Brazilian Southeast Hub rare earth projects through a hydraulic auger drilling campaign, confirming deeper mineralisation and exceptional leach recoveries up to 89%. The company is poised for further resource definition and metallurgical optimisation.

American West Metals has launched a targeted field program at its West Desert Project in Utah, focusing on resampling historical drill core for indium and gallium ahead of a new drilling campaign. The project already hosts the largest indium resource in the US with significant expansion potential.

Investigator Resources advances its Paris Silver Project with key design optimizations and a $10 million capital raise, while divesting non-core assets to sharpen its silver focus.

Greatland Resources has reported a standout September quarter with record gold recovery at its Telfer mine and strong cash flow that has already surpassed its acquisition cost. The company is advancing key growth projects at Telfer and Havieron, setting the stage for sustained production.

Sandfire Resources reported a robust start to FY26 with copper equivalent production exceeding forecasts by nearly 5%, alongside a significant reduction in net debt and key regulatory approvals advancing its growth projects.

Ramelius Resources delivered a robust September quarter with strong gold production and cash flow, completing its transformative acquisition of Spartan Resources and advancing key exploration and feasibility studies.

Krakatoa Resources has agreed to sell its non-core Belgravia Project in New South Wales for $350,000, redirecting capital to advance its strategic Zopkhito Antimony-Gold Project in Georgia, a critical minerals asset positioned to serve European markets.

Cosmo Metals has initiated its first-ever drilling campaign at the Spring Creek prospect within the Bingara Project, aiming to unlock the potential of previously identified high-grade gold mineralisation. This program marks a pivotal step in exploring the largely underexplored gold-antimony-copper corridor in New South Wales.

Ragnar Metals has secured an exclusive option to acquire up to 75% of the Harnäs Gold Project in Sweden, a historically productive site with promising high-grade gold mineralisation. The company plans immediate exploration activities to unlock further value.

Lefroy Exploration has advanced its Lucky Strike Gold Deposit through robust drilling results and a $1.25 million cash advance from partner BML Ventures, positioning the company for imminent mining and further exploration.

Everest Metals Corporation has secured mining approvals for its Mt Dimer gold project and initiated resource upgrades at its Mt Edon critical minerals site, while expanding its Revere gold project through strategic acquisition and capital raising.

Perseus Mining reported steady gold production and cashflow growth in Q1 FY26, while progressing key projects including the CMA Underground and Nyanzaga development. The company also completed a CEO transition and renewed its share buyback program.