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American Drilling

Full company profile

uuid0024rz5

Namestring
American Drilling
Legal namestring
American Drilling Corp, LLC
Company typeenum
Private
Founded yearint
2008
Descriptiontext

American Drilling Corp, LLC (ADC) is an industrial services company that supplies surface and underground exploration drilling for the mineral mining and geotechnical industry. Founded in 2008 and headquartered in Spokane Valley, Washington, ADC operates as a division of American Mining & Tunneling and serves mining operators across the USA, Canada, and Mexico through a fleet of mobile drill rigs configured as truck, crawler, skid-mounted, and helicopter-portable units. The company offers five core service lines: Surface Core Drilling, Underground Core Drilling, Surface Reverse Circulation, Underground Reverse Circulation, and Specialty Drilling, with depth capabilities extending to 10,000+ feet on the surface and up to 5,000 meters underground.

ADC's technical platform is built on a diversified fleet of rigs and equipment from manufacturers including Sandvik, Atlas Copco, Diamec, and Schramm (including a Schramm T685 with 93,600 lb pull-back and 3,500 ft depth capability). The company operates in-house fabrication and manufacturing capabilities that allow rigs to be tailored to specific mine room constraints, depth requirements, and environmental conditions, and has deployed automated hands-free rod handling systems as a safety and productivity upgrade. Underground rigs offer 360-degree drilling capability including steep up-holes.

ADC's business model is contract-based B2B services: revenue is generated per drilling program, with project-specific, quote-based pricing negotiated on scope, depth requirements, site conditions, and duration, structured as multi-year contracts with enterprise mining clients. Go-to-market is direct enterprise field sales with the company engaging mining operators directly at the project site. ADC differentiates through safety upgrades, custom rig configurations, depth capabilities, and helicopter-portable equipment enabling access to remote sites across North America. The company has been recognized by the Nevada Mining Association with a 2015 Safety Award and maintains active hiring across driller and supervisor roles.

Short descriptiontext

American Drilling Corp is a B2B industrial drilling contractor providing surface and underground exploration drilling services for mining and geotechnical clients across the USA, Canada, and Mexico via a diversified fleet of mobile core and reverse circulation rigs.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersSpokane, United States
HQ citystring
Spokane
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
mineral exploration drilling, surface core drilling, underground drilling services, reverse circulation drilling, geotechnical drilling
Industry1 code
1Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger)
CodeIMAKAKABPrimaryYes
NAICS code2 codes
  • Support Activities for Mining2131
  • Mining and Oil and Gas Field Machinery Manufacturing33313
SIC code2 codes
  • Mining Machinery & Equip (No Oil & Gas Field Mach & Equip)3532
  • Construction, Mining & Materials Handling Machinery & Equip3530
Product category
Mineral Exploration Drilling Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Contract Drilling Services
TypeProfessional Services
Description

American Drilling Corp generates revenue through providing contract drilling services to mining companies. Services include surface core drilling, underground core drilling, surface reverse circulation, underground reverse circulation, and specialty drilling services. Revenue is project-based, earned through drilling contracts for mineral exploration, resource definition, and geotechnical sampling projects.

americandrillingcorp.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Pricing details1 tier
1Custom contract pricing based on project scope
ModelOtherBilling cadenceMulti-year contract
Notes

Contract drilling services are negotiated on a per-project basis. Pricing varies based on drilling depth, surface vs underground, site accessibility, and project duration.

americandrillingcorp.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

American Drilling Corp. (ADC) is an industrial services company providing surface and underground exploration drilling for the mineral mining and geotechnical industry. Services include surface core drilling (depths up to 10,000+ feet), underground core drilling (up to 5,000m), surface and underground reverse circulation drilling, and specialty drilling for mineral exploration, resource definition, feasibility analysis, and geotechnical sampling. The company deploys mobile rigs configured as truck, crawler, skid mounted, or helicopter portable, and uses in-house fabrication to customize equipment.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Depth capabilities up to 10,000+ feet for surface drilling and 5,000m for underground drilling
+1 more record
Product overview1 text field

American Drilling Corp. (ADC) is an industrial services company providing both surface and underground exploration drilling for the mineral mining and geotechnical industry. The company operates two main equipment fleets: Surface Drilling Fleet (surface core, reverse circulation, and rotary drilling up to 10,000+ feet) and Underground Drilling Fleet (core and RC drilling up to 5,000 feet depth). Services are delivered through mobile rigs configured as truck, crawler, skid mounted, or helicopter portable. The portfolio includes Surface Core Drilling, Underground Core Drilling, Surface Reverse Circulation, Underground Reverse Circulation, Specialty Drilling Services, and Helicopter Portable Equipment. ADC distinguishes itself through in-house fabrication capabilities allowing customized drill configurations and industry-leading safety programs.

Product and service6 records
1Surface Core Drilling
CategoryCore Drilling Services
Description

Highly mobile surface core drill rigs configured as truck, crawler, and skid mounted, capable of drilling depths up to 10,000+ feet. Applications include mineral exploration, multi-purpose drilling, percussive/DTH drilling, feasibility analysis, piezometers, instrumentation installation, oriented core, and production/monitor wells.

2Underground Core Drilling
CategoryCore Drilling Services
Description

Underground core drilling services using a diversified fleet of diamond core drill rigs with in-house fabrication capabilities. Services include core drilling, deep hole exploration, utility/drain hole installations, dewatering, automated rod handling, multipurpose RC and core drills, with depth capabilities described as the world's deepest drilling fleet at up to 5,000 feet.

3Surface Reverse Circulation (RC) Drilling
CategoryReverse Circulation Drilling
Description

RC rigs equipped with dual-wall drill pipe for mineral exploration. Advantages include faster penetration than core drilling, no surface casing needed, significant mud savings in poor formations, excellent sample recovery in high water-bearing formations, and lower cost per foot compared to diamond core drilling.

4Underground Reverse Circulation (RC) Drilling
CategoryReverse Circulation Drilling
Description

Underground RC rigs with dual-wall drill pipe for mineral exploration including long hole production drilling and block caving applications, with depth capabilities up to 400 feet.

5Specialty Drilling Services
CategorySpecialty Drilling Services
Description

Worldwide drilling services for mineral exploration, mining, and geotechnical sampling for engineering research. Provides technical and operational expertise for complex, challenging drilling projects.

6Helicopter Portable Equipment Service
CategoryLogistics and Site Access Services
Description

Portable drill rig delivery and precision lifting/load placement to remote drilling locations inaccessible by conventional means, supported by partnerships with helicopter service companies in USA, Canada, and Mexico.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeOthers
Description

American Mining & Tunneling is the parent company of American Drilling Corp. ADC is described as a division of American Mining and Tunneling. The parent company shares management with American Drilling Corp, with CFO Cassandra Elloway serving as co-founder and CFO of both entities.

Strategic tierMinorTypeOthers
Description

Listed as a sister company alongside American Mining & Tunneling. Both companies are associated entities within the corporate portfolio.

Strategic tierMinorTypeOthers
Description

Listed as a sister company. Associated entity within the corporate portfolio.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

ADC maintains partnerships with helicopter service companies in USA, Canada and Mexico to enable portable drill rig moves and perform precision lifting and load placement to remote drilling locations inaccessible by conventional means.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Contract drilling services company specializing in mineral exploration drilling, including RC and diamond core drilling. Comparable service offering and customer base to ADC, primarily operating in emerging markets but with overlap in exploration drilling methodology.

TypeBroad incumbent
Description

Atlas Copco's former mining and rock excavation division, now a standalone equipment manufacturer and service provider. Supplies drilling rigs used by ADC (Atlas Copco-branded equipment) and competes in drilling services more broadly, acting as both supplier and competitor.

TypeDirect peer
Description

TSX-listed mineral exploration drilling contractor offering surface and underground reverse circulation and diamond core drilling. Comparable service model to ADC focused on mining exploration clients with similar rig configurations.

TypeBroad incumbent
Description

Major OEM of underground and surface drilling equipment (Sandvik DE130/DE140 rigs used by ADC). Operates a global Mining Systems and services business that competes with drilling contractors on turnkey mine development projects.

TypeDirect peer
Description

One of the largest mineral exploration drilling contractors globally, offering surface and underground core drilling, RC drilling, and geotechnical services. Most direct competitor to ADC with overlapping service lines, target customers (mining majors), and technology stack.

TypeDirect peer
Description

Publicly-traded drilling contractor focused on mineral exploration and water well drilling. Offers surface and underground core and RC drilling services to mining clients globally, competing head-to-head with ADC in North American exploration tenders.

TypeDirect peer
Description

TSX-listed drilling contractor specializing in mineral exploration with surface and underground diamond core and RC drilling services. Direct competitor to ADC with comparable fleet composition and customer mix in the North American mining market.

TypeDirect peer
Description

TSX-listed global mineral exploration drilling contractor with surface and underground capabilities. Directly competes with ADC for the same mining exploration contracts across North America and internationally, with a comparable service portfolio (core, RC, directional drilling).

TypeRegional player
Description

Australia-based mineral exploration drilling contractor offering RC and diamond core drilling services. Comparable offering to ADC but focused on the Australian mining market, providing a regional benchmark for drilling contractor economics.

TypeOthers
Description

Listed as a sister company of American Drilling Corp within the American Mining & Tunneling corporate portfolio. Closely affiliated entity providing comparable contract drilling services, sharing management and corporate resources.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

American Drilling

Mineral Exploration Drilling Servicesamericandrillingcorp.com

American Drilling Corp is a B2B industrial drilling contractor providing surface and underground exploration drilling services for mining and geotechnical clients across the USA, Canada, and Mexico via a diversified fleet of mobile core and reverse circulation rigs.

What American Drilling does

American Drilling Corp, LLC (ADC) is an industrial services company that supplies surface and underground exploration drilling for the mineral mining and geotechnical industry. Founded in 2008 and headquartered in Spokane Valley, Washington, ADC operates as a division of American Mining & Tunneling and serves mining operators across the USA, Canada, and Mexico through a fleet of mobile drill rigs configured as truck, crawler, skid-mounted, and helicopter-portable units. The company offers five core service lines: Surface Core Drilling, Underground Core Drilling, Surface Reverse Circulation, Underground Reverse Circulation, and Specialty Drilling, with depth capabilities extending to 10,000+ feet on the surface and up to 5,000 meters underground.

ADC's technical platform is built on a diversified fleet of rigs and equipment from manufacturers including Sandvik, Atlas Copco, Diamec, and Schramm (including a Schramm T685 with 93,600 lb pull-back and 3,500 ft depth capability). The company operates in-house fabrication and manufacturing capabilities that allow rigs to be tailored to specific mine room constraints, depth requirements, and environmental conditions, and has deployed automated hands-free rod handling systems as a safety and productivity upgrade. Underground rigs offer 360-degree drilling capability including steep up-holes.

ADC's business model is contract-based B2B services: revenue is generated per drilling program, with project-specific, quote-based pricing negotiated on scope, depth requirements, site conditions, and duration, structured as multi-year contracts with enterprise mining clients. Go-to-market is direct enterprise field sales with the company engaging mining operators directly at the project site. ADC differentiates through safety upgrades, custom rig configurations, depth capabilities, and helicopter-portable equipment enabling access to remote sites across North America. The company has been recognized by the Nevada Mining Association with a 2015 Safety Award and maintains active hiring across driller and supervisor roles.

American Drilling firmographics

Firmographics
Name
American Drilling
Legal name
American Drilling Corp, LLC
Website
https://americandrillingcorp.com
Company type
Private
Founded year
2008
Operating status
Operating
Headcount range
101–250 employees
Short description
American Drilling Corp is a B2B industrial drilling contractor providing surface and underground exploration drilling services for mining and geotechnical clients across the USA, Canada, and Mexico via a diversified fleet of mobile core and reverse circulation rigs.
Ownership category
akta.pro rank

American Drilling industry classification

Industry
Product category
Mineral Exploration Drilling Services
NAICS
Support Activities for Mining (2131), Mining and Oil and Gas Field Machinery Manufacturing (33313)
SIC
Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Construction, Mining & Materials Handling Machinery & Equip (3530)
akta.pro primary industry
Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger) (IMAKAKAB)

Keywords

  • Mineral exploration drilling
  • Surface core drilling
  • Underground drilling services
  • Reverse circulation drilling
  • Geotechnical drilling

Where American Drilling is headquartered

Location

Headquarters

HQ city
Spokane
HQ country
United States
HQ region
North America

Offices5 records

Markets served

American Drilling business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

  1. Contract Drilling Services: American Drilling Corp generates revenue through providing contract drilling services to mining companies. Services include surface core drilling, underground core drilling, surface reverse circulation, underground reverse circulation, and specialty drilling services. Revenue is project-based, earned through drilling contracts for mineral exploration, resource definition, and geotechnical sampling projects.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractCustom contract pricing based on project scope

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

American Drilling product offering

Product offering

Core offering

American Drilling Corp. (ADC) is an industrial services company providing surface and underground exploration drilling for the mineral mining and geotechnical industry. Services include surface core drilling (depths up to 10,000+ feet), underground core drilling (up to 5,000m), surface and underground reverse circulation drilling, and specialty drilling for mineral exploration, resource definition, feasibility analysis, and geotechnical sampling. The company deploys mobile rigs configured as truck, crawler, skid mounted, or helicopter portable, and uses in-house fabrication to customize equipment.

Product overview

American Drilling Corp. (ADC) is an industrial services company providing both surface and underground exploration drilling for the mineral mining and geotechnical industry. The company operates two main equipment fleets: Surface Drilling Fleet (surface core, reverse circulation, and rotary drilling up to 10,000+ feet) and Underground Drilling Fleet (core and RC drilling up to 5,000 feet depth). Services are delivered through mobile rigs configured as truck, crawler, skid mounted, or helicopter portable. The portfolio includes Surface Core Drilling, Underground Core Drilling, Surface Reverse Circulation, Underground Reverse Circulation, Specialty Drilling Services, and Helicopter Portable Equipment. ADC distinguishes itself through in-house fabrication capabilities allowing customized drill configurations and industry-leading safety programs.

Differentiator

Problem solved

Functional benefit

Products and services

  • Surface Core Drilling Highly mobile surface core drill rigs configured as truck, crawler, and skid mounted, capable of drilling depths up to 10,000+ feet. Applications include mineral exploration, multi-purpose drilling, percussive/DTH drilling, feasibility analysis, piezometers, instrumentation installation, oriented core, and production/monitor wells.
  • Underground Core Drilling Underground core drilling services using a diversified fleet of diamond core drill rigs with in-house fabrication capabilities. Services include core drilling, deep hole exploration, utility/drain hole installations, dewatering, automated rod handling, multipurpose RC and core drills, with depth capabilities described as the world's deepest drilling fleet at up to 5,000 feet.
  • Surface Reverse Circulation (RC) Drilling RC rigs equipped with dual-wall drill pipe for mineral exploration. Advantages include faster penetration than core drilling, no surface casing needed, significant mud savings in poor formations, excellent sample recovery in high water-bearing formations, and lower cost per foot compared to diamond core drilling.
  • Underground Reverse Circulation (RC) Drilling Underground RC rigs with dual-wall drill pipe for mineral exploration including long hole production drilling and block caving applications, with depth capabilities up to 400 feet.
  • Specialty Drilling Services Worldwide drilling services for mineral exploration, mining, and geotechnical sampling for engineering research. Provides technical and operational expertise for complex, challenging drilling projects.
  • Helicopter Portable Equipment Service Portable drill rig delivery and precision lifting/load placement to remote drilling locations inaccessible by conventional means, supported by partnerships with helicopter service companies in USA, Canada, and Mexico.

Quantifiable outcome

  • Depth capabilities up to 10,000+ feet for surface drilling and 5,000m for underground drilling
  • +1 more outcomes

Companies that use American Drilling

Customer profile

Named customers1 record

Segments1 record

Ideal customer profiles1 record

American Drilling technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

American Drilling partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

  • American Mining & TunnelingcoreOthersAmerican Mining & Tunneling is the parent company of American Drilling Corp. ADC is described as a division of American Mining and Tunneling. The parent company shares management with American Drilling Corp, with CFO Cassandra Elloway serving as co-founder and CFO of both entities.
  • Vanguard Mining Corp.minorOthersListed as a sister company alongside American Mining & Tunneling. Both companies are associated entities within the corporate portfolio.
  • DC DrillingminorOthersListed as a sister company. Associated entity within the corporate portfolio.
  • Helicopter Service CompaniesminorStrategic or Co-development PartnerADC maintains partnerships with helicopter service companies in USA, Canada and Mexico to enable portable drill rig moves and perform precision lifting and load placement to remote drilling locations inaccessible by conventional means.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

American Drilling competitors and assessment

Company assessment

Direct peers

  • Capital Drilling: Contract drilling services company specializing in mineral exploration drilling, including RC and diamond core drilling. Comparable service offering and customer base to ADC, primarily operating in emerging markets but with overlap in exploration drilling methodology.
  • Geodrill: TSX-listed mineral exploration drilling contractor offering surface and underground reverse circulation and diamond core drilling. Comparable service model to ADC focused on mining exploration clients with similar rig configurations.
  • Boart Longyear: One of the largest mineral exploration drilling contractors globally, offering surface and underground core drilling, RC drilling, and geotechnical services. Most direct competitor to ADC with overlapping service lines, target customers (mining majors), and technology stack.
  • Foraco International: Publicly-traded drilling contractor focused on mineral exploration and water well drilling. Offers surface and underground core and RC drilling services to mining clients globally, competing head-to-head with ADC in North American exploration tenders.
  • Orbit Garant Drilling: TSX-listed drilling contractor specializing in mineral exploration with surface and underground diamond core and RC drilling services. Direct competitor to ADC with comparable fleet composition and customer mix in the North American mining market.
  • Major Drilling Group International: TSX-listed global mineral exploration drilling contractor with surface and underground capabilities. Directly competes with ADC for the same mining exploration contracts across North America and internationally, with a comparable service portfolio (core, RC, directional drilling).

Broad incumbents

  • Epiroc: Atlas Copco's former mining and rock excavation division, now a standalone equipment manufacturer and service provider. Supplies drilling rigs used by ADC (Atlas Copco-branded equipment) and competes in drilling services more broadly, acting as both supplier and competitor.
  • Sandvik Mining and Rock Solutions: Major OEM of underground and surface drilling equipment (Sandvik DE130/DE140 rigs used by ADC). Operates a global Mining Systems and services business that competes with drilling contractors on turnkey mine development projects.

Regional players

  • Dynamic Drilling: Australia-based mineral exploration drilling contractor offering RC and diamond core drilling services. Comparable offering to ADC but focused on the Australian mining market, providing a regional benchmark for drilling contractor economics.

Others

  • DC Drilling: Listed as a sister company of American Drilling Corp within the American Mining & Tunneling corporate portfolio. Closely affiliated entity providing comparable contract drilling services, sharing management and corporate resources.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

American Drilling social profiles

Digital presence

American Drilling financial estimates

Financial estimate

Revenue estimate

Valuation estimate

American Drilling leadership team

Management profile

Number of profiles

Profiles5 records

American Drilling funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

American Drilling M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about American Drilling

What does American Drilling do?

American Drilling Corp. (ADC) is an industrial services company providing surface and underground exploration drilling for the mineral mining and geotechnical industry. Services include surface core drilling (depths up to 10,000+ feet), underground core drilling (up to 5,000m), surface and underground reverse circulation drilling, and specialty drilling for mineral exploration, resource definition, feasibility analysis, and geotechnical sampling. The company deploys mobile rigs configured as truck, crawler, skid mounted, or helicopter portable, and uses in-house fabrication to customize equipment.

Is American Drilling a public or private company?

American Drilling is a private company. It is classified as corporate owned and is currently operating.

When was American Drilling founded?

American Drilling was founded in 2008. It employs 101 to 250 people.

Where is American Drilling based?

American Drilling is headquartered in Spokane, United States, in the North America region.

How does American Drilling make money?

One revenue line is on record: contract Drilling Services.

Who are American Drilling's main competitors?

Direct peers on record are Capital Drilling, Geodrill, Boart Longyear, Foraco International, Orbit Garant Drilling and Major Drilling Group International. Broad incumbents are Epiroc and Sandvik Mining and Rock Solutions. Dynamic Drilling is listed as a regional player. DC Drilling is listed as an others.

Does American Drilling have an API?

No public API is recorded for American Drilling.

What industry is American Drilling in?

American Drilling's product category is Mineral Exploration Drilling Services. Its primary akta.pro industry code is IMAKAKAB, Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger). Its NAICS code is 2131 and its SIC code is 3532.

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Live signals
NewsfileLode Gold Engages Contractor to Initiate Drilling at Fremont Gold MineLode Gold Resources Inc. has engaged US-based drilling contractor American Drilling Corp. (ADC), a division of American Mining and Tunneling, to initiate a 3,500m resource definition and exploration drilling program at its Fremont Gold Mine property in Mariposa County, California. The phased program aims to advance the project toward a Pre-Feasibility Study evaluating bulk underground mining scenarios, with PFS completion targeted for 2027. The company currently reports over 1 million ounces of Indicated and 2 million ounces of Inferred resources at Fremont, with only 20% of the 4 km Mother Lode Belt structure explored to date.NewsfileIconic Initiates First Phase of Exploration Program at New Pass Gold Property, NevadaIconic Minerals announced completion of drilling program preparations at its New Pass gold property in Nevada, with American Drilling Corporation expected to arrive within seven days. The 2,140-hectare property holds an inferred resource of 15.5 million short tons at 0.022 oz/ton AuEq, and drilling will test extensions of the mineralized zone.GlobeNewswireNevGold Starts Drill Program At Nutmeg MountainNevGold Corp. has started its inaugural drill program at Nutmeg Mountain, Idaho, after contracting American Drilling LLC and completing mobilization. The project hosts a 2020 mineral resource estimate of 910,000 indicated ounces of gold, and drilling will target resource expansion and depth testing. Assays are expected as early as March.