Latest Diamond Drilling Programs News

FireFly Metals has completed the initial tranches of a major equity raising, securing A$66 million to advance its high-grade copper-gold projects in Canada. The company’s fundraising includes a charity flow-through placement and institutional placement, setting the stage for further capital raises.

Toubani Resources has initiated a 5,000-metre diamond drilling campaign at its Kobada Gold Project in Mali, targeting deeper mineralisation to expand its 2.2 million ounce resource and extend mine life.

IRIS Metals has reported promising high-grade lithium intersections from its Phase I drilling at the Edison Project in South Dakota, reinforcing its strategy to develop a centralized lithium processing hub in the US.

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.

Venus Metals Corporation reports promising gold assay results from its recent drilling at Bellchambers and Rangeview prospects, setting the stage for an updated resource estimate and potential mine development.

Advance Metals has reported impressive initial diamond drilling results from its first hole at the Yoquivo Silver-Gold Project in Mexico, revealing multiple high-grade silver-gold zones that could expand the project's resource potential.

West Coast Silver’s first two drill holes at Elizabeth Hill reveal exceptionally high-grade silver mineralisation starting from surface, confirming the project's near-term potential and setting the stage for expanded exploration.

FireFly Metals has successfully raised approximately A$95 million through a multi-part equity offering to fund an aggressive exploration and development program at its Green Bay Copper-Gold Project in Canada.

Falcon Metals has initiated diamond drilling at the Blue Moon target, aiming to unlock extensions of the historically rich Garden Gully anticline near Bendigo. Results expected by August 2025 could reshape exploration prospects in Victoria’s prolific gold belt.

Krakatoa Resources is set to begin its maiden drilling campaign at the Zopkhito Sb-Au Project in Georgia, aiming to convert a foreign resource estimate into a JORC-compliant mineral resource and advance economic assessment.

Geopacific Resources has reported impressive high-grade gold assay results from surface auger sampling at its Woodlark Gold Project, extending known mineralisation and setting the stage for a substantial 30,000-metre drilling campaign.

Koonenberry Gold has reported significant assay results from its fifth drill hole at the Enmore Project, confirming extended gold mineralisation and bolstering confidence in a large bulk tonnage system.