Latest Exploration Drilling News

Patronus Resources has clarified that its recent share price jump stems from a third-party research report rather than undisclosed company news, following an ASX inquiry. The company also confirmed the recent release of exploration results from its Western Australian gold projects.

FireFly Metals Ltd has announced a flow-through share offer aiming to raise approximately A$11.2 million, targeting Canadian investors to fund regional exploration drilling. This offer complements a broader capital raising strategy to advance development at the Ming Mine and other key projects.

Larvotto Resources has reported impressive high-grade gold and antimony intercepts from its ongoing diamond drilling at the Hillgrove Project in NSW, signaling a promising update to its resource base and mine planning.

Aureka Limited has raised $3 million through a share placement to accelerate exploration and secure land access at its key gold projects in Victoria, signalling strong investor confidence in its growth strategy.

Australian Critical Minerals has agreed to acquire Circuit Resources, gaining a substantial portfolio of gold, copper, silver, zinc, lead, and lithium projects in Peru, unlocking immediate drill-ready targets with significant exploration upside.

Felix Gold Limited has launched field exploration and development at its Treasure Creek Antimony Project in Alaska, aiming for potential antimony concentrate production by late 2025. The company is progressing drilling, environmental studies, and engineering design to support a feasibility study and permitting.

Resolution Minerals Limited has secured the Horse Heaven Project in Idaho, adjacent to the major Stibnite Gold Project, aiming to address critical US antimony supply shortages with a planned 2025 drilling campaign.

Argent Minerals has identified three extensive VTEM anomalies at its Kempfield NW Prospect, including two untested trends, signaling significant potential to expand its flagship silver-base metals deposit in New South Wales.

Viking Mines has completed an Underground Mining Study at its First Hit gold mine, defining an inferred underground resource of 12,400 ounces of gold and outlining plans for follow-up drilling at high-grade targets within its Riverina East Project.

Arika Resources has identified 17 new high-priority gold targets at its Kookynie Gold Project in Western Australia, leveraging advanced ultrafine soil geochemistry. These untested targets could unlock significant exploration upside in a prolific gold district.

Cygnus Metals has reported impressive high-grade assay results from its Golden Eye prospect in Quebec, confirming multiple mineralised zones and setting the stage for an initial resource estimate.

Elevate Uranium has intersected a significant 13-meter thick uranium mineralisation zone in granite at its Marenica Project, revealing a new style of deposit beyond traditional palaeochannels. This discovery could reshape exploration strategies and resource potential in Namibia.