Big Drill Hits

The best gold drill hits for this week

Fri 17 Mar 23, 2:11pm (AEST)
Mining exploration drill rig 5
Source: iStock

Key Points

  • The biggest gold, uranium and lithium drill hits for the week

Welcome back to our second crack at Weekly Big Drill Hits – A curated list of the most stunning and intriguing intersections made by ASX-listed explorers for key commodities including gold, lithium and copper. Unfortunately, it's been an extremely quiet week for exploration activity.


Gold hits
Date range: 13-17 March

Not the most exciting gold hits this week. Meeka Metals tops the leaderboard but the grade over width figure pales in comparison to the ones from last week.

Meeka Metals (ASX: MEK): Meeka made a subtle name change from Meeka Gold to Meeka Metals to reflect a growing focus on rare earths. However, gold continues to be the major catalyst behind it share price (which is currently struggling and close two year lows). Gold assays from the Circle Valley extensional drilling is expected to be released by April.

2023-03-17 12 40 51-pdf
Meeka Metals' Circle Valley drill cores from Feb 20 (Source: Meeka Metals)


2023-03-17 12 51 33-02 Mar - Excel
Date range: 13-17 March

Lithium drilling activity was practically non-existent. Hopefully we hear from a few more companies next week, including:

  • Critical Resources (ASX: CRR): Recently completed a major drill campaign, assays pending

  • Anson Resources (ASX: ASN): Kicked off resource definition drilling this week

  • Lord Resources (ASX: LRD): Kicked off drilling on March 9

  • Askari Metals (ASX: AS2): Kicked off drilling on March 7

Copper & Nickel

There were no major copper or nickel drill hits for this week. We're still in the process of building out our watchlists, so if we've missed any, please feel free to reach out.


2023-03-17 13 01 20-02 Mar - Excel
Date range: 13-17 March

Another quiet drill hits list. Some companies that are currentlu drilling for uranium include:

  • Alligator Energy (ASX: AGE): Recommenced drilling at the Blackbush deposit

  • Terra 92 (ASX: T92): Kicked off drilling for Athabasca projects on Feb 20

  • Aurora Energy (ASX: 1AE): Assessing next drill program for its dual lithium/uranium project


Written By

Kerry Sun

Content Strategist

Kerry holds a Bachelor of Commerce from Monash University. He is an avid swing trader, focused on technical set ups and breakouts. Outside of writing and trading, Kerry is a big UFC fan, loves poker and training Muay Thai. Connect via LinkedIn or email.

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