Latest Exploration Drilling News

PolarX Limited has kicked off its 2025 exploration season at the Alaska Range Copper/Gold Project, backed by a $3 million loan from Northern Star Resources to fund new airborne surveys and upcoming drilling campaigns.

Australian Critical Minerals has acquired six exploration projects in Peru, significantly broadening its portfolio with targets in gold, copper, silver, base metals, and lithium. The company also completed a $1 million capital raise to fund upcoming exploration activities.

Beacon Minerals reported a 20% increase in gold production to 7,365 ounces in the June 2025 quarter, alongside significant drilling progress at the Iguana deposit and a strategic share consolidation and buy-back program.

Burgundy Diamond Mines reported a solid Q2 2025 with increased ore production, $52 million in diamond sales, and a significant extension of the Ekati mine life. Strategic shifts and promising project updates set the stage for future growth.

Great Divide Mining has taken a decisive step towards becoming a near-term gold producer through a new joint venture with Dart Mining and securing a Queensland government grant for exploration.

Brightstar Resources has delivered a strong Definitive Feasibility Study for its Laverton and Menzies Gold Projects, targeting over 338,000 ounces of gold with promising financial returns, while ramping up underground mining operations and securing $50 million in capital.

Oakajee Corporation has progressed its gold exploration efforts at the Paynes Find project in Western Australia, preparing for drilling in the September quarter while maintaining a solid financial position.

Zuleika Gold Limited has scheduled a pivotal trial in October 2025 to resolve damages claims against Catalyst Metals Limited, while advancing exploration plans at its key Western Australian projects.

Red Mountain Mining reports promising high-grade antimony and gold mineralisation at its Armidale project, alongside advancing exploration in Canada and Australia, supported by recent capital raises.

Codrus Minerals has launched a major drilling campaign at its Bull Run Gold Project in Oregon, revealing promising high-grade gold and copper assay results, while also advancing uranium exploration in Canada and raising $1.24 million to fund its growth.

Western Mines Group has announced a landmark Mineral Resource Estimate for its Mulga Tank project, defining Australia’s largest nickel sulphide deposit with over 5.3 million tonnes of contained nickel. The company has secured government grants and raised capital to accelerate drilling and metallurgical testing.

Silver Mines Limited progresses regulatory approvals for its flagship Bowdens Silver Project in NSW while acquiring promising US assets, enhancing its exploration pipeline with minimal upfront costs.