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88 Energy locks in Arctic rig for giant Alaska oil swing
88 Energy has secured Nordic Callista’s Rig-3 for its Augusta-1 exploration well, next Alaskan winter. Credit: File 88 Energy (ASX: 88E) has locked in a key piece of the puzzle for its next high-impact drilling campaign on Alaska’s famed North Slope, executing a contract for a familiar rig to drill the potentially high-impact Augusta-1 exploration well. The company has secured the services of Nordic-Calista Services’ Rig-3, a fully winterised Arctic drilling unit purpos

Andrew Todd
May 7


ADX Energy strikes methane-rich sands in shallow Austrian gas play
ADX Energy has struck gas at its HOCH-1 well in Austria ADX Energy (ASX: ADX) has got its 2026 drilling campaign off to a spectacular start, sniffing out gas-filled sands at its HOCH-1 exploration well in Upper Austria. The new discovery, tucked inside the company's ADX-AT-I exploration licence, has not only confirmed a working hydrocarbon system, it’s also delivered a massive "I told you so" for the company’s technical crew. The HOCH-1 drill rods started spinning jus

Murray Ward
May 7


Zenith Minerals weighs corporate pathways for emerging WA gold hub
Zenith Minerals is drilling at its Consolidated Dulcie gold project, 80 kilometres south of Southern Cross in Western Australia. Zenith Minerals (ASX: ZNC) has thrown open its doors to a strategic review, signalling it is ready to weigh up a range of corporate and asset-level options as it looks to stem what it sees as a widening gulf between its share price and the underlying value of its portfolio. Management says the formal process will assess a broad menu of alterna

Doug Bright
May 7


Lindian Resources powers towards rare earths production lift off in Malawi
Lindian Resources mining and construction crew on site next to an owner-operator mining fleet at its Kangankunde rare earths project in Malawi. Lindian Resources (ASX: LIN)looks to be charging towards the finish line at its world-class Kangankunde rare earths project in Malawi, with the company on schedule to hit first production in the final quarter of this year. In a comprehensive construction update, the company confirmed plant commissioning is targeted for October,

Murray Ward
May 7


Thick, shallow gold extends Pacgold pit in South Australia
Pacgold’s Vertigo open pit at its White Dam gold project in South Australia. Pacgold (ASX: PGO)has hit a brace of broad, shallow gold intersections both inside and outside the defined resource model at its Vertigo deposit in South Australia, potentially paving the way for a resource upgrade and an expanded open-pit at the producing asset. The company’s latest drilling campaign was aimed at shallow extensions of the existing resource and appears to have hit the mark, ret

Andrew Todd
May 7


Moonlight Resources delivers 450m strike boost to Qld gold system
Moonlight Resources' reverse circulation rig is drilling at the Leo Grande prospect within its Clermont gold project in Queensland. Phase two reverse circulation (RC) drilling at Moonlight Resources' (ASX: ML8) Leo Grande prospect has extended the gold footprint by a massive 450m along the Leo Grande shear zone within its Clermont project, 15 kilometres west of Clermont in Queensland. Analytical results from an initial 22 reverse circulation (RC) drill holes have return

Doug Bright
May 7


Dalaroo Metals nears final Govt sign-off for giant Greenland minerals hunt
Greenland’s parliament building. Dalaroo is expecting Greenland’s minister for mines to sign off on the granting of its new licence applications in May. Credit: File Dalaroo Metals (ASX: DAL) is sitting on the verge of a major land grab at its Blue Lagoon project in southern Greenland, with applications for three fresh exploration licences now entering the final approval stretch. The company has already cleared the stakeholder consultation hurdle, leaving the final sign-off,

Murray Ward
May 7


Premier1 Lithium uncovers emerging large-scale WA gold-base metal corridor
Premier1's Yalgoo gold project in the tier-1 Yalgoo-Singleton greenstone belt of Western Australia. Premier1 Lithium (ASX: PLC) has unveiled solid gold results from the latest drilling at its Yalgoo gold project in Western Australia, delivering high-grade hits while also revealing a compelling geochemical signature pointing to a potentially different style of discovery. The company says its multielement analysis now hints at a potential volcanogenic massive sulphide (VM

Andrew Todd
May 7


WA biotech duo takes aim at diabetes beyond Ozempic
Professor Bu Yeap, Clinical Lead, Professor Rakesh Veedu Founder and CTO, Syngenis, Mr David Schwartz, Director, Progenis, Dr Vinod Vathipadiekal, Chief Scientific Officer, Progenis. GLP-1 receptor agonists, the science behind Ozempic and its cousins, have become one of the most talked-about medical breakthroughs of the past decade, reshaping how the world thinks about diabetes and obesity. The numbers are extraordinary, the headlines relentless and the share prices of th

Matt Birney
May 7


Big Hits - BMC Minerals, Caspin Resources and Barton Gold
Bulls N’ Bears takes a look at notable drill hits during the past week from ASX-listed companies. Credit: File Bulls N’ Bears Big Hits takes a look at notable drill intercepts recently reported to the ASX last week, led by BMC Minerals and followed by Caspin Resources and Barton Gold, with results spanning silver-rich base metals, hard-rock tin and shallow gold. BMC Minerals (ASX: BMC) Project: Kudz Ze Kayah project (Krakatoa zone, ABM deposit), Yukon, Canada Hit: 25.1m at 18

Doug Bright
May 6


Southern Hemisphere Mining drills deep for Chilean copper growth
Drilling underway at Southern Hemisphere Mining’s Llahuin copper-gold project in Chile. Credit: File Southern Hemisphere Mining (ASX: SUH) has launched into expanded diamond drilling at the company’s Llahuin copper project in Chile, kicking off the latest tilt in a bid to grow its already substantial 218-million-tonne copper-gold-molybdenum resource. The company says its previous reverse circulation (RC) drilling campaign was cut short by groundwater ingress, frustratingly le

Andrew Todd
May 6


Hormuz blockade puts ASX helium stocks in the spotlight
ASX-listed helium explorers are in the spotlight as the Strait of Hormuz blockade sends global prices for the critical gas to record highs. Credit: Murray Ward/File A “silent” crisis is rippling through global industry and while it may be flying under the radar for now, helium end-users are feeling it loud and clear in their balance sheets. Iran’s strategic blockade of the Strait of Hormuz has triggered an unprecedented global helium shortage, exposing the extreme fragility o

Murray Ward
May 6


St George lines up engineering major for Brazilian rare earths build
St George Mining has recruited global engineering leader Worley to lead development studies at its world-class Araxá niobium-rare earths project in Brazil, fast-tracking the path to commercial production.

Murray Ward
May 6


H3 Energy fires twin-shot at WA gas giant and SA energy elephant
H3’s former drilling at Warro 3, now set to be re-entered to drill a horizontal well to prove commerciality. H3 Energy (ASX: H3E) has lit the fuse on a defining growth phase, fast-tracking two of Australia’s largest onshore energy plays as it pivots from technical groundwork to full-tilt commercial execution. A $3.5M capital raise has underwritten the push, backing the company’s plan to revive the long-overlooked Warro gas field and drill a basin-opening, multi-commodit

Penny Taylor
May 6


Advance Metals launches major drill push for high-grade silver in Mexico
Diamond drilling underway at Advance Metals’ Gavilanes silver project in Mexico. Advance Metals (ASX: AVM) has kicked off its first-ever drilling tilt at the company’s Gavilanes silver project in Durango, Mexico, firing up the diamond rig for a 4500-metre program in the world-class silver province. The work is designed to test extensions to the project’s existing high-grade system, which currently hosts a non-JORC foreign estimate of 22.4 million ounces of silver equivalent a

Andrew Todd
May 6


M&EC - Edition #578
Bulls N' Bears Mining & Exploration Chronicle 578 has been unearthed Bulls N' Bears Mining & Exploration Chronicle 578 has been unearthed! Read it here: https://bit.ly/4tiVfSP Subscribe to get it emailed directly to your inbox. https://bit.ly/46LCixx #MiningNews #ASX #BullsNBearsWA #TheWestAustralian #BullsNBearsChronicle Today's edition features: $PGO #Pacgold $MRT #MaritanaMinerals $FRS #ForrestaniaResources $GDR #GoldenDragonMining $KAU #KaiserReef $ADX #ADXEnergy $ARL #Ar
Azi Capuno
May 6


Dynamic Metals strikes deeper gold to extend the Widgiemooltha system
Diamond drilling rig in action at Dynamic Metals Cognac West prospect at its Widgiemooltha project in the eastern goldfields of WA. Dynamic Metals (ASX: DYM) has successfully extended the gold system at its Cognac West prospect to a depth of 300 metres, confirming that the mineralisation at its Anomaly B target is far more vertically extensive than previously thought. The results from the company’s maiden diamond drilling program at its flagship Widgiemooltha project ha

Murray Ward
May 5


St George Mining piles on thick high-grade rare earths in Brazil
St George Mining’s Araxá diamond drilling continues to deliver thick rare earths and niobium intercepts from surface. As St George Mining (ASX: SGQ)keeps the drill bits busy spinning at the company’s fully owned Araxá rare earths and niobium project in Brazil, its latest assays have once again screamed “grade”, “scale” and “continuity”. From a batch of 13 diamond drill holes, the company has shone a spotlight on three of its latest top hits, all straight from surface.

Doug Bright
May 5


Red Metal rare earths play rides tailwind from Aus-Japan alliance
One of Red Metal’s samples from the Kary Zone at its Sybella project. The coarse crushed granite-hosted mineralisation will be subjected to column leach to extract the contained rare earths. While Red Metal Limited (ASX: RDM) believes it is on the cusp of developing an ultra-low-cost processing pathway for its giant Sybella rare earths project near Mount Isa in Queensland, the stars also appear to be lining up, with Australian Prime Minister Anthony Albanese and Japanese Pri

Doug Bright
May 5


Mount Ridley Mines gravity model hints at big WA critical minerals upside
Mount Ridley Mines’ 3D gravity inversion modelling has lit up multiple new targets outside its current rare earth resource footprint. Mount Ridley Mines (ASX: MRD)has unveiled a breakthrough at its namesake critical minerals project near Esperance, with sophisticated 3D gravity inversion modelling mapping out massive expansion potential across its already substantial resource footprint. The fresh modelling, completed by Perth-based Core Geophysics, has confirmed a rock-

Murray Ward
May 5


Premier1 Lithium zeroes in on untouched WA gold prize
Wide-open Murchison terrain near Meekatharra, where vast, lightly tested greenstone belts are still giving up new gold stories. Premier1 (ASX: PLC) is primed to pull the trigger on a reverse circulation (RC) drill campaign at Rochefort, a largely untouched prospect within its Abbotts North project in Western Australia’s Murchison region, 35 kilometres north of Meekatharra. Approvals and heritage clearances have now been locked in ahead of a late May start to test a tant

Doug Bright
May 5


Critica reshapes Tassie tungsten mine amid surging metal prices
Critica Limited has tapped engineering giant DRA Global to run an underground scoping study at its Mt Lindsay tungsten-tin project in Tasmania, aiming to unlock value as metal prices surge.

Doug Bright
May 5


Hot Chili widens high-grade copper-gold zone in Chile
Core photo from 541m downhole showing vein-hosted and disseminated chalcopyrite and pyrite mineralisation in veined tonalite host rock, within a broad 180m intercept. Credit: File Hot Chili (ASX: HCH) has served up another impressive drilling update from its La Verde copper-gold porphyry discovery in Chile, hinting at more growth potential in the deposit’s higher-grade core and a clearer line of sight to a potential starter pit. La Verde sits 30km south of the company’s flags

Doug Bright
May 5


Golden Dragon Mining taps into emerging WA gold system with high-grade hits
Golden Dragon Mining’s Cue project in the prolific Murchison gold region of WA. Credit: File Golden Dragon Mining (ASX: GDR) has ignited the fire at the company’s Cue gold project in Western Australia’s Murchison region, with first pass drilling at its Behring Bore prospect delivering a series of high-grade gold strikes. The company says it is now eyeing a large-scale system after the program successfully intersected significant mineralisation close to the surface, potentia

Murray Ward
May 5
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