Latest Exploration Drilling News

Aurum Resources has reported impressive high-grade gold assay results from its extensive diamond drilling at the Boundiali Gold Project in Côte d'Ivoire, reinforcing the project's potential and underpinning ambitious exploration and development targets for 2025.

Artemis Resources has secured $4.75 million in funding to launch a major drilling campaign across its gold, copper, and lithium projects in Western Australia, setting the stage for significant resource growth and development.

ActivEX Limited reports a maiden gold resource of 310,000 ounces at its Gilberton project and broadens its rare earth element exploration with new tenement applications in Queensland.

Elementos Limited has delivered a robust Definitive Feasibility Study for its Oropesa Tin Project in Spain, secured a $5 million strategic investment from Metals X, and progressed exploration at its Cleveland Tin Project in Tasmania.

New World Resources has upgraded its Antler Copper Deposit resource to 14.2 million tonnes at 3.8% copper equivalent, secured key permitting milestones, and recommended shareholders accept a $0.067 per share takeover offer from Kinterra Capital.

Pancontinental Energy has upgraded its prospective oil resources offshore Namibia’s Orange Basin, raising estimates and geological confidence for its PEL 87 project. The company also identified new prospectivity at Phoebe West, signaling growing exploration potential.

Stellar Resources advances exploration at its East Renison Project near Tasmania’s Renison Tin Mine, backed by a $55,000 government drilling grant targeting high-grade polymetallic zones.

Sandfire Resources reported a 12% rise in copper equivalent production for FY25, narrowly missing guidance due to severe weather and power outages, while slashing net debt by $273 million. The company projects further growth in FY26 despite expected cost pressures.

Ora Banda Mining reported a 36% rise in FY25 gold sales and a strong cash position, despite some operational delays. The company’s FY26 guidance targets a 60% production increase, backed by significant exploration successes.

Morella Corporation has secured key heritage approvals and government co-funding, while prioritising rubidium extraction research ahead of drilling at its Mt Edon and Mallina projects.

MinRex Resources has completed a key drilling campaign at its Fraser Range Copper-Gold Project in Western Australia, with assay results due next month. The company also strengthened its cash position through a Loyalty Option Offer, positioning itself for further exploration.

Patriot Resources has signed to acquire the high-grade Sugarloaf Copper Deposit in Zambia and commenced drilling on a fresh copper target, backed by a $2.2 million capital raise to accelerate exploration.