Latest Diamond Drilling News

Beacon Minerals has completed its largest drilling campaign to date at the Iguana deposit, delivering high-grade gold intercepts that underpin a forthcoming resource upgrade.

Native Mineral Resources (ASX:NMR) has cleared a key regulatory hurdle by submitting a Progressive Rehabilitation and Closure Plan for its Far Fanning Gold Project, while maintaining steady gold production at its Blackjack Gold Mine.

Many Peaks Minerals has exercised its option to acquire 100% of the Baga Gold Project in Côte d'Ivoire after a comprehensive soil sampling campaign revealed extensive gold anomalies. A 14,000m auger drilling program is now testing multiple targets along a 16km gold corridor.

Aureka Limited has completed a Concept Level Study for its Comstock Gold & Silver Project, selecting the Walkers Pit as the preferred site for a low capital, fast-start mining operation. The company has lodged a Prospecting Licence application and is advancing an infill drilling program to upgrade its 56,000-ounce inferred resource.

Lachlan Star has kicked off an expanded 4,000m reverse circulation drilling program at its New Waverley gold project near Norseman, aiming to delineate and extend multiple high-grade quartz reef shoots within a 400m mineralised shear corridor.

Gold Mountain Limited has reported robust assay results from thirteen diamond drill holes at its Irajuba IR-1 Prospect, expanding the rare earth mineralised footprint beyond initial targets to over 1.2 kilometres.

Li-FT Power has reported robust lithium intersections from 20 diamond drill holes at its Yellowknife Lithium Project, confirming and expanding known spodumene mineralisation across multiple pegmatite complexes.

Gold Mountain Limited has raised $4.5 million from a new institutional investor to accelerate exploration of its rare earth and lithium projects in Brazil.

EV Resources has verified continuous high-grade antimony mineralisation reaching 25.2% Sb at its Los Lirios Antimony Project through systematic underground channel sampling, underpinning plans for a maiden JORC Resource by year-end.

Golden Globe Resources has launched Phase 2 diamond drilling at its Dooloo Creek project, focusing on deeper copper-gold mineralisation following encouraging Phase 1 results at Eastern Breccia and Northern Gold.

Core Energy Minerals (ASX:CR3) has validated significant recoverable rare earth mineralisation at its Tunas Project in Brazil, with leach testwork showing strong recoveries of TREO and MREO. The company plans diamond drilling to explore mineralisation beyond auger limits.

Ore Resources has accelerated its lithium exploration and development at Coolgardie with diamond and RC drilling programs, alongside advancing economic studies and permitting efforts.